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

Real Estate New Jersey Real Estate Salesperson Sample Questions:

Question 1

When buyers move into their new house, they see that the ceiling fan in the dining room is gone. The ceiling fan was not mentioned in the offer to purchase. Did the sellers have the right to take the ceiling fan?

A. No, because it was a fixture in the house.
B. Yes, because it was the sellers' personal property.
C. Yes, because it was not referenced in the contract.
D. No, because it was chattel.

Question 2

Which of the following statements in an advertisement would be an example of non-discriminatory language under HUD's Fair Housing Advertising Guidelines?

A. female seeking female roommate
B. apartment available. No pets or children allowed
C. nice home ideal for any family with children
D. located within walking distance to a great Catholic school

Question 3

Under the New Jersey Real Estate Sales Full Disclosure Act, the Act does NOT apply to a development project:

A. consisting of 10 units.
B. extending over a 5 year period only.
C. already approved by the Department of Commerce.
D. where the purchaser's total financial obligation is less than $5,000.

Question 4

A subordination agreement is used to:

A. assign rents to the lender in case of borrower default.
B. change the priority of mortgages.
C. pledge property for a loan without giving up possession.
D. initiate foreclosure proceedings.

Question 5

A married couple is purchasing a home. They ask the salesperson to advise them regarding the best way to take title. The salesperson should

A. decline to advise them and suggest that they consult an attorney.
B. ask a broker to make a recommendation.
C. advise them to take title as tenants by the entirety.
D. explain the possible types of joint ownership so they understand the options.

Solutions: