Nj real estate exam Study guides, Class notes & Summaries
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NJ Real Estate Exam Questions
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NJ Real Estate Exam Questions 
According to New Jersey License Law, A licensee who wants to sell property that the 
licensee owns MUST? 
a) list the same property with another licensee in the same office 
b) disclose the ownership interest in any advertisement of the property 
c) disclose the ownership interest in any notice submitted on the listing to the MLS 
d) disclose in the contract of sale that the seller holds a New Jersey Real Estate license 
d. disclose in the contract of sale that th...
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Colibri Real Estate Exam Bundle
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Colibri Real Estate (Real Estate Express) Final Exam Review 2023 Questions and Answers
Colibri Practice Test with complete solutions
Colibri Chapter 1, 2, 3 Exam Questions and Answers 2023
Colibri FL Real Estate License Ch. 1 Exam Questions and Answers
Colibri School Exam NJ 2023 Questions and Answers
Colibri Real Estate Chapter 2 Quiz Questions wi
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NJ Real Estate Exam Questions with Correct Answers
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NJ Real Estate Exam Questions with Correct Answers 
Branch Office - Answer-broker's additional place of business 
 
commingling - Answer-mixing broker's money with that of others 
 
duplicate original - Answer-copy of a real estate contract with original signatures 
 
probation - Answer-least severe discipline by the real estate commission 
 
A licensed salesperson is allowed to - Answer-leave one broker and affiliate with another 
 
Under some circumstances, a real estate office may be in th...
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COLIBRI NJ REAL ESTATE EXAM ALL QUESTIONS AND WELL ELABORATED ANSWERS TOP RATED VERSION FOR 2024-2025 ALREADY A GRADED WITH EXPERT FEEDBACK |NEW AND REVISED
- Exam (elaborations) • 60 pages • 2024
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COLIBRI NJ REAL ESTATE EXAM ALL QUESTIONS AND 
WELL ELABORATED ANSWERS TOP RATED VERSION FOR 
 ALREADY A GRADED WITH EXPERT FEEDBACK 
|NEW AND REVISED
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NJ REAL ESTATE PRACTICE EXAM 2021
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NJ REAL ESTATE PRACTICE EXAM 2021 
 
The type of deed that warrants only that the grantor has not impaired the title during the term in which he held it is referred to as. 
 
1. Quitclaim Deed 
2. General Warranty Deed 
3. Bargain and Sale Deed 
4. Bargain and Sale Deed, CAG - ANS Bargain and Sale Deed, CAG 
 
Taxes raised to pay for improvements that benefit real estate are referred to as 
 
1. Special Assessments 
2. Facilities Taxes 
3. Ad Valorem Taxes 
4. Luxury Rates - ANS Spe...
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NJ Real Estate practice Exam Questions with Correct Answers
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NJ Real Estate practice Exam Questions with Correct Answers 
 
Who must be licensed? - Answer-Anyone who takes part in a real estate transaction in NJ for another person for a fee, commission, or other valuable consideration 
 
Real Estate Commission - Answer-Composed by 8 members appointed by the governor, 5 r/e brokers who have been licensed as such for at least ten years, 2 members are chosen from the general public, and one member represents a department of the state government 
 
Classes o...
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PSI NJ Real Estate Exam, PSI Practice Test.
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PSI NJ Real Estate Exam, PSI Practice 
Test. 
Water Rights 
The terms "littoral," "riparian," and "appropriative" refer to 
A salesperson lists a property with a contract that allows for subagency and dual 
agency. The salesperson is 
an agent to the broker and a subagent to the principal. 
Depreciation is calculated based on the 
Cost of the building only. 
When a property owner uses his home as collateral for a loan and creates a lien in favor 
of the lender, title is held by the 
Mor...
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NJ Real Estate Exam question n answers rated A+
- Exam (elaborations) • 38 pages • 2024
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NJ Real Estate ExamBranch Office - correct answer broker's additional place of business 
 
commingling - correct answer mixing broker's money with that of others 
 
duplicate original - correct answer copy of a real estate contract with original signatures 
 
probation - correct answer least severe discipline by the real estate commission 
 
A licensed salesperson is allowed to - correct answer leave one broker and affiliate with another 
 
Under some circumstances, a real estate office may be...
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NJ Real Estate License Exam(NJ Real Estate Exam Prep)Complete 2022
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Broker 
Individual licenses to charge the public for real estate services. 
 
 
 
Broker-salesperson 
Fully qualified broker who remains under another broker's supervision 
 
 
 
Bureau of Subdivided Land sales Control 
State agency that approves and registers some out-of-state property 
 
 
 
Guaranty Fund 
Reimburses persons defrauded or badly served by licensees in real estate transaction. 
 
 
 
New Jersey Real Estate Commission 
Administrator of Real Estate Licenses 
 
 
 
Pocket Identific...
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PSI NJ Real Estate Exam / PSI Practice Test - Q & A
- Exam (elaborations) • 14 pages • 2024
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PSI NJ Real Estate Exam / PSI Practice Test - Q & A The Equal Credit Opportunity Act addresses all of the following EXCEPT a. discrimination in lending b. written statements of credit denial c. acceptable factors for borrower analysis d. standardization of interest rates Under the terms of their listing contract, the owners may sell their house themselves and pay no commission. If their agent sells it, a commission will be due. What kind of listing contract do the owners have? exclusive agency...
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