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

Real Estate New Jersey Real Estate Salesperson Sample Questions:

1. In surveying, monuments are used to establish:

A) flood elevation
B) real estate boundaries
C) a common address
D) historical sites

2. When buyers move into their new house, they see that the ceiling fan in the dining room is gone. The ceiling fan was not mentioned in the offer to purchase. Did the sellers have the right to take the ceiling fan?

A) No, because it was chattel.
B) Yes, because it was the sellers' personal property.
C) No, because it was a fixture in the house.
D) Yes, because it was not referenced in the contract.

3. A small broker committee in the local county has set up a new marketing idea. They will give every seller the same commission rate and it will not be negotiable. This will allow the consumers to know exactly what it will cost to list a property. This marketing plan is an example of:

A) price-fixing
B) consumer protection
C) market allocation
D) apostille

4. A contract of sale prepared by a licensee MUST include an attorney review clause if it pertains to which of the following types of properties?

A) Commercial building that does not exceed 10,000 square feet
B) Six-family dwelling unit, a portion of which is used for non-residential purposes
C) Single family residential vacant lot
D) Subdivision of fifteen or more lots

5. A contract is delivered to the listing broker by a cooperating broker. The listing broker makes an appointment with the owner to present the offer at 7 p.m. of that day. Before 7 p.m., two more offers arrive on the same property. Which offer should be presented to the owner at the 7 p.m. appointment?

A) the first offer received
B) the offer most favorable to the seller, including price and all terms
C) the offer with the highest sale price
D) all three of the offers

Solutions: