Real Estate New Jersey Real Estate Salesperson : New-Jersey-Real-Estate-Salesperson

  • Exam Code: New-Jersey-Real-Estate-Salesperson
  • Exam Name: New Jersey Real Estate Salesperson Exam
  • Updated: Aug 05, 2026     Q & A: 122 Questions and Answers

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

SectionWeightObjectives
Topic 1: National Portion (80 questions)73%- Contracts and Agreements
  • 1. Purchase and sale contracts
  • 2. Contract contingencies
  • 3. Breach of contract remedies
  • 4. Lease agreements
- Finance and Lending
  • 1. Loan application and approval
  • 2. Financing types and products
  • 3. Foreclosure processes
  • 4. Mortgage calculations
- Calculations
  • 1. Interest and amortization
  • 2. ROI and capitalization rates
  • 3. Proration calculations
  • 4. Commission calculations
- Property Transfer and Disclosure
  • 1. Deeds and title transfer
  • 2. Disclosure requirements
  • 3. Federal fair housing laws
  • 4. Listing agreements
- Practice and Ethics
  • 1. Trust account requirements
  • 2. Fiduciary duties
  • 3. Licensee responsibilities
  • 4. Code of ethics
- Real Property Ownership and Land Use
  • 1. Types of ownership
  • 2. Zoning and land use regulations
  • 3. Encumbrances and liens
  • 4. Property rights and interests
Topic 2: New Jersey State Portion (30 questions)27%- New Jersey License Law
  • 1. Disciplinary procedures
  • 2. Continuing education requirements
  • 3. License requirements and qualifications
  • 4. License types and categories
- New Jersey Real Estate Commission Rules
  • 1. Transaction requirements
  • 2. Advertising rules
  • 3. Commission regulations
  • 4. Office and supervisory requirements
- New Jersey-Specific Practices
  • 1. Agency relationships in NJ
  • 2. New Jersey landlord-tenant law basics
  • 3. State-specific contracts and forms
  • 4. Brokerage arrangements

Real Estate New Jersey Real Estate Salesperson Sample Questions:

1. The heir to a large estate will be of legal age within 30 days. The heir lists for sale with a broker one of the properties held by the estate. The broker knows of a buyer for the property and sells it within 24 hours of listing, with closing to be in 45 days. Both listing and sale contracts are:

A) voidable
B) executory
C) executed
D) fulfilled


2. A public utility company is installing power lines across several counties. Will the utility company be more likely to be granted an easement appurtenant or an easement in gross?

A) easement in gross because it allows the holder of the easement to eventually gain title to the encumbered property
B) easement appurtenant because it cannot be extinguished by merger of the dominant and servient tenements
C) easement appurtenant because it cannot run with the land
D) easement in gross because it does not require ownership of real property adjacent to the property that is subject to the easement


3. A seller places a property on the market for sale at a certain price. A buyer sees the property and makes a written offer to purchase that is 90% of the asking price. The seller rejects that offer, but will accept an offer of 95% of the original asking price. The buyer rejects that counteroffer. The original offer is:

A) null and void
B) binding
C) rescinded
D) irrevocable


4. Which of the following is a radioactive odorless gas which may require mitigation?

A) carbon monoxide
B) asbestos
C) radon
D) formaldehyde


5. 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.


Solutions:

Question # 1
Answer: A
Question # 2
Answer: D
Question # 3
Answer: A
Question # 4
Answer: C
Question # 5
Answer: A

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