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

Real Estate New Jersey Real Estate Salesperson Sample Questions:

1. A licensee faxes a list of available properties to prospective buyers. Which of the following is true?

A) The licensee must mail an identical list to all parties.
B) The fax must contain an opt-out provision for future communications.
C) The licensee's company's name does not need to be listed.
D) The licensee must include only a phone number to reply.

2. A broker may legally refuse to accept a listing:

A) only if the owner's instructions are illegal.
B) only if the seller cannot give clear title to the property.
C) at any time, for any legitimate reason.
D) under no circumstances; all owners are entitled to professional representation in the sale of their property.

3. The local gas company has a 10-foot easement along the rear of a residential lot. This is best known as an easement:

A) in gross
B) by prescription
C) by necessity
D) appurtenant

4. If a salesperson or broker-salesperson maintains a webpage that is not linked to the webpage of their broker, the licensee's webpage must display the name of the broker as well as the

A) address of the broker's main office.
B) address of the branch office from which the licensee operates.
C) broker's telephone number.
D) broker's email address.

5. A couple who sell their principal residence may take up to $500,000 in federal capital gains tax-free only if:

A) they buy a replacement home of equal or greater value than the one being sold within a year.
B) they have owned and occupied the house for at least 2 of the previous 5 years.
C) at least one of them has reached the age of 65.
D) neither has ever used the Homesellers Exclusion in the past.

Solutions: