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: Oct 10, 2026
  • Q & A: 122 Questions and Answers

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About Real Estate New Jersey Real Estate Salesperson : New-Jersey-Real-Estate-Salesperson Exam

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

SectionWeightObjectives
Topic 1: New Jersey State-Specific Portion27%- Licensing Requirements
  • 1. Education requirements
  • 2. Eligibility criteria
  • 3. Application process
- New Jersey Specific Laws
  • 1. Time-Share Act
  • 2. Real Estate Sales Full Disclosure Act
  • 3. Law Against Discrimination
  • 4. Real Estate Guaranty Fund
- Statutes Governing Licensee Activities
  • 1. Advertising regulations
  • 2. Trust accounts and record keeping
  • 3. Licensee conduct rules
- Real Estate Commission Powers and Duties
  • 1. Licensing and enforcement
  • 2. Rulemaking
  • 3. Regulatory authority
Topic 2: National Portion73%- Financing
  • 1. Closing and settlement
  • 2. Mortgage types
  • 3. Lending regulations
- Valuation and Market Analysis
  • 1. Appraisal principles
  • 2. Market value vs cost
  • 3. Comparative market analysis
- Property Ownership
  • 1. Property rights and interests
  • 2. Legal descriptions
  • 3. Types of ownership
- Land Use Controls and Regulations
  • 1. Zoning and planning
  • 2. Public restrictions
  • 3. Private land use controls
- Fair Housing and Ethics
  • 1. Prohibited practices
  • 2. Ethical standards
  • 3. Federal laws
- Real Estate Contracts
  • 1. Contract elements
  • 2. Purchase agreements
  • 3. Leases and listing agreements
- Agency Relationships and Duties
  • 1. Types of agency
  • 2. Fiduciary duties
  • 3. Disclosure requirements
- Transfer of Property
  • 1. Deeds and title insurance
  • 2. Closing procedures
  • 3. Title transfer
- Real Estate Mathematics
  • 1. Tax and proration math
  • 2. Area and volume
  • 3. Commission calculations

Real Estate New Jersey Real Estate Salesperson Sample Questions:

Question #1

Which action would be allowed according to the Federal Fair Housing law?

  • A. A lender receives notice that a loan application submitted on behalf of a client has been denied. The lender knew the borrower was well qualified, but is told that area is off limits for new loans because of its crime rate.
  • B. A broker informs a potential seller that there is an influx of immigrants snatching up rentals in the neighborhood, so this would be a good time to sell.
  • C. A landlord receives a rental application from a prospective tenant, who came from Russia a few years ago to attend the local university. The lender denies the rental application after asking for the prospective tenant's visa and determines that it expires in 3 months.
  • D. Broker A meets a new Hispanic buyer client. Broker B just sold a handful of condos to other Hispanic buyers in the Kentwood neighborhood, so broker A suggests the new buyer might be comfortable in that neighborhood.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #2

A buyer's agent is NOT permitted to tell a buyer that:

  • A. the roof leaked recently but was patched by the owner
  • B. the seller is willing to accept less than the listing price because of financial circumstances
  • C. a former occupant of a property had AIDS
  • D. the property was the scene of a serious crime
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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Question #3

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. offers compensation for brokerage activity to unlicensed persons
  • B. discriminates against sellers who do not list with the broker during the specified time period
  • C. discriminates against sellers whose religion prohibits the wearing of jewelry
  • D. makes the receipt of the free offering contingent upon sellers listing their properties with the broker
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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Question #4

Which of the following actions is a function of a municipal planning board?

  • A. Prescribing and controlling the development and use of all land in a municipality
  • B. Creating a master plan for all the land in a particular county
  • C. Unilaterally approving subdivisions in a jurisdiction
  • D. Approving a variance for an addition to a garage on a residential property
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Question #5

In commercial property leasing, listing agents should ensure that the owner complies with:

  • A. the Americans with Disabilities Act
  • B. market lease rates
  • C. state and federal Fair Housing laws
  • D. their fiduciary responsibilities to the tenant
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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