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Real Estate New-Jersey-Real-Estate-Salesperson Exam Overview:
| Certification Vendor: | New Jersey Real Estate Commission |
|---|---|
| Exam Name: | New Jersey Real Estate Salesperson Exam |
| Exam Number: | New-Jersey-Real-Estate-Salesperson |
| Real Exam Qty: | 110 |
| Exam Format: | State-specific portion (30 questions), Multiple-choice, Computer-based, National portion (80 questions) |
| Passing Score: | 70% (77 out of 110) |
| Exam Price: | $45 USD |
| Certificate Validity Period: | 2 years |
| Exam Duration: | 240 minutes |
| Related Certifications: | New Jersey Real Estate Referral Agent License New Jersey Real Estate Broker License |
| Available Languages: | Spanish, English |
| Recommended Training: | NJREC Approved Education Providers |
| Exam Registration: | PSI Services LLC Registration New Jersey Real Estate Commission |
| Sample Questions: | Real Estate New-Jersey-Real-Estate-Salesperson Sample Questions |
| Exam Way: | Computer-based; available at PSI test centers or online remote proctoring |
| Pre Condition: | 18 years or older; high school diploma or equivalent; complete 75-hour pre-licensure course from approved provider; pass background check; obtain eligibility certificate |
| Official Syllabus URL: | https://www.nj.gov/dobi/division_rec/licensing/reclicrequire.htm |
Real Estate New-Jersey-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| National Portion | 73% | - Property Ownership
|
| New Jersey State-Specific Portion | 27% | - Real Estate Commission Powers and Duties
|
Real Estate New Jersey Real Estate Salesperson Sample Questions:
A seller has listed a home with a broker for $112,000. The seller is leaving for a 45-day cruise midway through the listing period and authorizes the broker through a limited power of attorney to accept any offer of all cash at a price of $108,000 or more pending his return. The broker receives an offer for $110,000 all cash.
The broker
- A. may sign a deed of conveyance if the seller does not return on time.
- B. may not accept the offer until the seller returns.
- C. may accept the offer.
- D. must forward the offer to the seller's attorney for consideration.
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A seller is offering his property for sale in as-is condition. A buyer enters into a contract with the seller and has the home inspected. The inspection reveals a latent defect known to, but not disclosed by, the seller. The buyer:
- A. can force the seller to correct the defect.
- B. can void the contract due to the seller's failure to disclose the latent defect.
- C. must go through with the purchase because the house is being sold as is.
- D. can reduce the contract sales price by the cost of correcting the defect.
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In surveying, monuments are used to establish:
- A. a common address
- B. real estate boundaries
- C. flood elevation
- D. historical sites
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Evergreen bushes and apple trees on a property that were planted by the current owner are examples of:
- A. real estate
- B. personal property
- C. trade fixtures
- D. chattels
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An appraisal made by a certified appraiser is required:
- A. before any property settlement in a divorce.
- B. when heirs receive property.
- C. when the buyer is using an FHA loan to purchase.
- D. before real property can transfer from one owner to another.
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By Moore
