New Jersey Real Estate Salesperson Exam: New-Jersey-Real-Estate-Salesperson Exam
"New Jersey Real Estate Salesperson Exam", also known as New-Jersey-Real-Estate-Salesperson exam, is a Real Estate Certification. With the complete collection of questions and answers, ExamcollectionPass has assembled to take you through 122 Q&As to your New-Jersey-Real-Estate-Salesperson Exam preparation. In the New-Jersey-Real-Estate-Salesperson exam resources, you will cover every field and category in New Jersey Real Estate Certification helping to ready you for your successful Real Estate Certification.
Exam Code: New-Jersey-Real-Estate-Salesperson
Exam Name: New Jersey Real Estate Salesperson Exam
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Real Estate New-Jersey-Real-Estate-Salesperson Exam Syllabus Topics:
Section
Weight
Objectives
Topic 1: National Portion
73%
- Transfer of Property
1. Deeds and title insurance
2. Title transfer
3. Closing procedures
- Land Use Controls and Regulations
1. Private land use controls
2. Public restrictions
3. Zoning and planning
- Financing
1. Mortgage types
2. Lending regulations
3. Closing and settlement
- Property Ownership
1. Legal descriptions
2. Types of ownership
3. Property rights and interests
- Fair Housing and Ethics
1. Federal laws
2. Prohibited practices
3. Ethical standards
- Real Estate Mathematics
1. Commission calculations
2. Area and volume
3. Tax and proration math
- Agency Relationships and Duties
1. Disclosure requirements
2. Fiduciary duties
3. Types of agency
- Valuation and Market Analysis
1. Market value vs cost
2. Appraisal principles
3. Comparative market analysis
- Real Estate Contracts
1. Contract elements
2. Leases and listing agreements
3. Purchase agreements
Topic 2: New Jersey State-Specific Portion
27%
- New Jersey Specific Laws
1. Law Against Discrimination
2. Time-Share Act
3. Real Estate Guaranty Fund
4. Real Estate Sales Full Disclosure Act
- Real Estate Commission Powers and Duties
1. Rulemaking
2. Licensing and enforcement
3. Regulatory authority
- Licensing Requirements
1. Education requirements
2. Eligibility criteria
3. Application process
- Statutes Governing Licensee Activities
1. Licensee conduct rules
2. Trust accounts and record keeping
3. Advertising regulations
Real Estate New Jersey Real Estate Salesperson Sample Questions:
Under the New Jersey Real Estate Licensing Law, which of the following is an unlicensed assistant or secretary NOT permitted to do?
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Two parcels of land priced at $2,100 per acre were purchased. One parcel was 5 acres in size, and the other was 1 square mile in size. How much should these two parcels have cost together?
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