Name: Real Estate New-Jersey-Real-Estate-Salesperson Exam
Brand: Real Estate
SKU: New-Jersey-Real-Estate-Salesperson
Price: 69.00 USD
Availability: InStock
Rating: 4.9 (785 reviews)

Exam Code: New-Jersey-Real-Estate-Salesperson
Exam Name: New Jersey Real Estate Salesperson Exam
Certification Provider: Real Estate
Corresponding Certification: New Jersey Real Estate

Study with Real Estate : New-Jersey-Real-Estate-Salesperson Exam Torrent as your best preparation materials

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Updated: Sep 03, 2025

No. of Questions: 122 Questions & Answers with Testing Engine

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Real Estate New Jersey Real Estate Salesperson Sample Questions:

1. The feature that most distinguishes a joint tenancy from a tenancy in common is

A) right of survivorship
B) right of transfer.
C) undivided interests.
D) unity of possession.

2. A broker is offering a $100 gift certificate at a jewelry store to all sellers who list with the broker during a specified time period. According to the New Jersey Real Estate License Law, such a promotion is prohibited because it:

A) discriminates against sellers who do not list with the broker during the specified time period
B) makes the receipt of the free offering contingent upon sellers listing their properties with the broker
C) offers compensation for brokerage activity to unlicensed persons
D) discriminates against sellers whose religion prohibits the wearing of jewelry

3. A couple secured a home mortgage loan from a lender who appraised the property at $92,500. If the loan-to- value ratio on the property was 85%, what was the minimum amount the couple needed for the down payment?

A) $7,862
B) $6,166
C) $10,882
D) $13,875

4. Under the New Jersey Real Estate Licensing Law, which of the following is an unlicensed assistant or secretary NOT permitted to do?

A) Place signs on properties
B) Follow up on loan applications with lenders
C) Make telephone calls to request rent payments
D) Type contracts for approval

5. A salesperson is convicted of a crime which involved activities as a real estate licensee. The Commission obtains a certified copy of the judgment of conviction against the salesperson. According to the New Jersey Real Estate License Law, the Commission MUST:

A) revoke the salesperson's license
B) notify the salesperson's employing broker of the circumstances pertaining to the conviction
C) determine, at its discretion, what disciplinary action to take against the salesperson
D) suspend the salesperson's license

Solutions:

Question # 1
Answer: A

Question # 2
Answer: B

Question # 3
Answer: A

Question # 4
Answer: C

Question # 5
Answer: C

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