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Real Estate New-Jersey-Real-Estate-Salesperson Exam Syllabus Topics:

Real Estate New Jersey Real Estate Salesperson Sample Questions:

1. A purchase money note need NOT contain the:

A) loan-to-value ratio.
B) principal amount of the loan.
C) time and method of payment.
D) rate of interest.

2. Which of the following is a permitted free offering?

A) A coupon for discounted commission on listing services
B) A free dinner for attendees at a homebuyers' evening seminar
C) A complimentary home warranty with every listing
D) Free use of a local moving van for all listings

3. A landlord may require that a disabled tenant

A) not install grab bars in the tile shower if drilling holes in the tile is required.
B) remove the wheelchair ramp from the apartment upon vacating the unit.
C) pay an additional fee for using the swimming pool to cover the added insurance cost.
D) pay double the usual $500 security deposit.

4. A real estate licensee is a partial owner of a local inspection company. It is permissible for the licensee to tell all clients to use this company when:

A) the licensee does not know any of the other title companies in the area
B) the client does not ask for other recommendations
C) the licensee discloses the interest in the company to the client
D) it is in the best interest of the client

5. Which action would be allowed according to the Federal Fair Housing law?

A) A broker informs a potential seller that there is an influx of immigrants snatching up rentals in the neighborhood, so this would be a good time to sell.
B) A lender receives notice that a loan application submitted on behalf of a client has been denied. The lender knew the borrower was well qualified, but is told that area is off limits for new loans because of its crime rate.
C) A landlord receives a rental application from a prospective tenant, who came from Russia a few years ago to attend the local university. The lender denies the rental application after asking for the prospective tenant's visa and determines that it expires in 3 months.
D) Broker A meets a new Hispanic buyer client. Broker B just sold a handful of condos to other Hispanic buyers in the Kentwood neighborhood, so broker A suggests the new buyer might be comfortable in that neighborhood.

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