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

Real Estate New Jersey Real Estate Salesperson Sample Questions:

1. The feature that most distinguishes a joint tenancy from a tenancy in common is

A) right of survivorship
B) right of transfer.
C) undivided interests.
D) unity of possession.

2. Written offers to purchase real estate in New Jersey must be presented to sellers within:

A) 24 hours
B) 5 days
C) 48 hours
D) 3 days

3. A salesperson is convicted of a crime which involved activities as a real estate licensee. The Commission obtains a certified copy of the judgment of conviction against the salesperson. According to the New Jersey Real Estate License Law, the Commission MUST:

A) suspend the salesperson's license
B) revoke the salesperson's license
C) determine, at its discretion, what disciplinary action to take against the salesperson
D) notify the salesperson's employing broker of the circumstances pertaining to the conviction

4. Evergreen bushes and apple trees on a property that were planted by the current owner are examples of:

A) real estate
B) chattels
C) personal property
D) trade fixtures

5. A Seller's Property Disclosure form states that there are no known material defects with the property, but the listing licensee is aware of asbestos wrapped duct pipes in the basement. The licensee should:

A) suggest the buyers have a home inspection and leave discovery up to the inspector.
B) suggest to the seller wrap the pipes to contain potential airborne contamination.
C) ask the seller's permission to disclose and abide by the seller's wishes.
D) disclose the existence of asbestos to all potential buyers.

Solutions: