NJ REAL ESTATE EXAM QUESTIONS WITH ANSWERS
Which of the following is a permitted free offering? --
A. A complimentary home warranty with every listing
B. A coupon for a discounted commission on listing services
C. A free dinner for attendees at a home buyers' evening seminar
D. Free use of a local moving van for all listings - ANSWER-C. A Free dinner for
attendees at a home buyers' evening seminar
Depreciation usually applies to:
A. the building only.
B. the land only.
C. both the land and the building.
D. income obtained from the building. - ANSWER-A. the building only.
Under New Jersey Real Estate Commission rules, a licensee's obligations to the
public include all of the following responsibilities EXCEPT:
A. accepting any reasonable commission offered by a seller in the course of
negotiating a listing agreement
B. dealing honestly with all parties
C. disclosing material defects in a property to a prospective purchaser
, D. protecting and promoting the interests of the licensee's principal when acting
as an agent - ANSWER-A. accepting any reasonable commission offered by a
seller in the course of negotiating a listing agreement
The broker has noticed that a great number of people who are buying in the
neighborhood where his listing is located speak Russian. He also noticed a
Russian grocery store right by the neighborhood that was attractive. He decides
to stop the advertising the property and started adverting the property on two
different Russian internet sites. This is:
1. Acceptable because it is not print media
2. Unacceptable due to its discriminatory nature
3. Acceptable if the advertisement includes no preferential language
4. The only appropriate way to market property in this neighborhood - ANSWER-
3. Acceptable if the advertisement includes no preferential language
Which of the following are most likely to be addressed by building code?
A.deed restrictions
B.construction standards
C.permissible uses of structures
D.restrictive covenant - ANSWER-B.construction standards
A seller places his property on the market for sale at a certain price. A buyer
sees the property and makes a written offer to purchase that is 90% of the
Which of the following is a permitted free offering? --
A. A complimentary home warranty with every listing
B. A coupon for a discounted commission on listing services
C. A free dinner for attendees at a home buyers' evening seminar
D. Free use of a local moving van for all listings - ANSWER-C. A Free dinner for
attendees at a home buyers' evening seminar
Depreciation usually applies to:
A. the building only.
B. the land only.
C. both the land and the building.
D. income obtained from the building. - ANSWER-A. the building only.
Under New Jersey Real Estate Commission rules, a licensee's obligations to the
public include all of the following responsibilities EXCEPT:
A. accepting any reasonable commission offered by a seller in the course of
negotiating a listing agreement
B. dealing honestly with all parties
C. disclosing material defects in a property to a prospective purchaser
, D. protecting and promoting the interests of the licensee's principal when acting
as an agent - ANSWER-A. accepting any reasonable commission offered by a
seller in the course of negotiating a listing agreement
The broker has noticed that a great number of people who are buying in the
neighborhood where his listing is located speak Russian. He also noticed a
Russian grocery store right by the neighborhood that was attractive. He decides
to stop the advertising the property and started adverting the property on two
different Russian internet sites. This is:
1. Acceptable because it is not print media
2. Unacceptable due to its discriminatory nature
3. Acceptable if the advertisement includes no preferential language
4. The only appropriate way to market property in this neighborhood - ANSWER-
3. Acceptable if the advertisement includes no preferential language
Which of the following are most likely to be addressed by building code?
A.deed restrictions
B.construction standards
C.permissible uses of structures
D.restrictive covenant - ANSWER-B.construction standards
A seller places his property on the market for sale at a certain price. A buyer
sees the property and makes a written offer to purchase that is 90% of the
