Weichert Test 1 Questions With All Correct Answers 2025|2026 Lates
date!!
Up-
1. New Jersey
Real Estate Administrator of real estate licenses, operating within Dept of Banking and
Commis- sion Insur- ance
2. Real Estate
Li- cense Act
governs real estate licenses under Title 45
3. Title 11 sets rules and regulations by Real Estate Commission
4. Real Estate - 8 members made up of 5 brokers and state residents for past
Com- mission
10 years, 2 members of the public, 1 government designee, for 3
year terms
5. SLWRERC sales person licensed with a real estate referral company; activities
restricted to
making referrals and not any other real estate activities
6. real estate issued on biennial term that expires on June 30 of odd years
li- cense
7. Broker
Require- 18 yrs old, high school education, evidence of good moral character,
ments
served 3 years full-time as salesperson, requires 150 study consisting
of 90 hour general broker prelicensing course, 30 hours prelicensing
ethics/agency law, disclose SSN for child support purposes, pass state
exam
8. broker person authorized to operate a real estate business, to hire salepersons, a
to
charge public for services
9. salesperson works under sponsoring broker, doing business in name of the broker,
receiving compensation from that broker
10. Salesper- son/SLWRERC Requirements
, Weichert Test 1 Questions With All Correct Answers 2025|2026 Lates
date!!
Up-
18 years old, high evidence of good moral character, 75 hour prelicensing course, pass
school education, exam, SSN for child support, sponsored by licensed real estate broker
, Weichert Test 1 Questions With All Correct Answers 2025|2026 Lates
date!!
Up-
11. broker-salesper- has fulfilled all requirements of broker yet chooses to work as salesperson
son
12. exemptions
from having owners, attorneys, trustees, executors, legal guardians, anyone handling
real es- tate real estate for court, banks and trusts, insurance companies, estate sales
license
handled by court/state assigned executor
13. unlicensed secre- can't show property, answer questions a/b property, make cold calls,
discuss/ex-
tary/assistant plain contract, make calls for rent, host open houses when not with licensee
can answer phone/forward calls, process/submit/change listings in MLS, place
signs on property, schedule appointments, set up files and track documents,
have keys made, write/place ads, type contracts, keep records and
deposit earnest money/security deposits/rent, follow up on loan apps
14. exceptions to li-
censes
experience requirement for broker and broker-salesperson waived for
honorably discharged vet with service wound/disability; waive
education requirement for licensed broker from another state;
15. broker someone previously licensed as NJ broker within 5 yrs; someone who's
required taken equivalent real estate courses in college; NJ attorney; applicants
experience who took equivalent prelicensing course in another state
16. application continuously employed on full-time basis as salesperson during 3 years imme-
time- frame diately preceding application (40 hrs per week, between hrs of 10-8, and
not employed elsewhere except on part time basis for no more than 25
hours a week)
app must be submitted within 1 yr of the date candidate successfully completed
prelicense course or course must be taken again
17. Reciprocity NJ doesn't recognize licenses issued in other states; nonresident who
doesn't live in NJ can obtain NJ license after qualifying in usual way and
, Weichert Test 1 Questions With All Correct Answers 2025|2026 Lates
date!!
Up-
filing irrevocable consent to be sued
18.
date!!
Up-
1. New Jersey
Real Estate Administrator of real estate licenses, operating within Dept of Banking and
Commis- sion Insur- ance
2. Real Estate
Li- cense Act
governs real estate licenses under Title 45
3. Title 11 sets rules and regulations by Real Estate Commission
4. Real Estate - 8 members made up of 5 brokers and state residents for past
Com- mission
10 years, 2 members of the public, 1 government designee, for 3
year terms
5. SLWRERC sales person licensed with a real estate referral company; activities
restricted to
making referrals and not any other real estate activities
6. real estate issued on biennial term that expires on June 30 of odd years
li- cense
7. Broker
Require- 18 yrs old, high school education, evidence of good moral character,
ments
served 3 years full-time as salesperson, requires 150 study consisting
of 90 hour general broker prelicensing course, 30 hours prelicensing
ethics/agency law, disclose SSN for child support purposes, pass state
exam
8. broker person authorized to operate a real estate business, to hire salepersons, a
to
charge public for services
9. salesperson works under sponsoring broker, doing business in name of the broker,
receiving compensation from that broker
10. Salesper- son/SLWRERC Requirements
, Weichert Test 1 Questions With All Correct Answers 2025|2026 Lates
date!!
Up-
18 years old, high evidence of good moral character, 75 hour prelicensing course, pass
school education, exam, SSN for child support, sponsored by licensed real estate broker
, Weichert Test 1 Questions With All Correct Answers 2025|2026 Lates
date!!
Up-
11. broker-salesper- has fulfilled all requirements of broker yet chooses to work as salesperson
son
12. exemptions
from having owners, attorneys, trustees, executors, legal guardians, anyone handling
real es- tate real estate for court, banks and trusts, insurance companies, estate sales
license
handled by court/state assigned executor
13. unlicensed secre- can't show property, answer questions a/b property, make cold calls,
discuss/ex-
tary/assistant plain contract, make calls for rent, host open houses when not with licensee
can answer phone/forward calls, process/submit/change listings in MLS, place
signs on property, schedule appointments, set up files and track documents,
have keys made, write/place ads, type contracts, keep records and
deposit earnest money/security deposits/rent, follow up on loan apps
14. exceptions to li-
censes
experience requirement for broker and broker-salesperson waived for
honorably discharged vet with service wound/disability; waive
education requirement for licensed broker from another state;
15. broker someone previously licensed as NJ broker within 5 yrs; someone who's
required taken equivalent real estate courses in college; NJ attorney; applicants
experience who took equivalent prelicensing course in another state
16. application continuously employed on full-time basis as salesperson during 3 years imme-
time- frame diately preceding application (40 hrs per week, between hrs of 10-8, and
not employed elsewhere except on part time basis for no more than 25
hours a week)
app must be submitted within 1 yr of the date candidate successfully completed
prelicense course or course must be taken again
17. Reciprocity NJ doesn't recognize licenses issued in other states; nonresident who
doesn't live in NJ can obtain NJ license after qualifying in usual way and
, Weichert Test 1 Questions With All Correct Answers 2025|2026 Lates
date!!
Up-
filing irrevocable consent to be sued
18.
