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Real Estate New-Jersey-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: New Jersey Real Estate Law and Regulations | |
| Topic 2: Contracts | |
| Topic 3: Real Estate Practice and Disclosures | |
| Topic 4: Ethics and Professional Responsibility | |
| Topic 5: Property Ownership | |
| Topic 6: Valuation and Market Analysis | |
| Topic 7: Financing and Settlement | |
| Topic 8: Agency Relationships and Brokerage | |
| Topic 9: Land Use Controls and Regulations |
Real Estate New Jersey Real Estate Salesperson Sample Questions:
A CORRECT statement about transaction brokers is that they:
- A. represent neither the buyer nor the seller
- B. may conduct transactions without an active real estate license
- C. are required to disclose confidential information
- D. represent both the buyer and the seller
Correct Answer: A 🗳️
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A public utility company is installing power lines across several counties. Will the utility company be more likely to be granted an easement appurtenant or an easement in gross?
- A. easement appurtenant because it cannot run with the land
- B. easement in gross because it allows the holder of the easement to eventually gain title to the encumbered property
- C. easement appurtenant because it cannot be extinguished by merger of the dominant and servient tenements
- D. easement in gross because it does not require ownership of real property adjacent to the property that is subject to the easement
Correct Answer: D 🗳️
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The primary intent of the statute of frauds is to:
- A. enforce oral agreements beyond 1 year.
- B. protect licensees from fraudulent activity.
- C. protect the rights of buyers who are disabled.
- D. reduce real estate contracts to writing.
Correct Answer: D 🗳️
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A lender whose mortgagor has defaulted may be offered a deed in lieu of foreclosure. If accepted, which of the following will be true?
- A. Because it is voluntary, it will not be an adverse item on the buyer's credit.
- B. The lender will usually retain rights under mortgage insurance or VA guarantee.
- C. The lender will take the title subject to any junior liens.
- D. The loan will still be assumable.
Correct Answer: C 🗳️
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Prospective buyers for a house want to operate a recycling center in their backyard. Local zoning laws do not allow this. What do they need to do first?
- A. Obtain a variance or special exception.
- B. Obtain a building permit.
- C. File an appeal with the local court.
- D. Obtain a modification to the local master plan.
Correct Answer: A 🗳️
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