Real Estate : New-Jersey-Real-Estate-Salesperson Questions & Answers

Updated: Aug 06, 2026

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

SectionObjectives
Topic 1: Contracts
Topic 2: New Jersey Real Estate Law and Regulations
Topic 3: Financing and Settlement
Topic 4: Valuation and Market Analysis
Topic 5: Ethics and Professional Responsibility
Topic 6: Agency Relationships and Brokerage
Topic 7: Land Use Controls and Regulations
Topic 8: Real Estate Practice and Disclosures
Topic 9: Property Ownership

Real Estate New Jersey Real Estate Salesperson Sample Questions:

1. A real estate broker's maintained place of business MUST conspicuously display on the exterior the broker's name and the word(s):

A) Licensed Real Estate Broker
B) Real Estate Broker
C) Realtor
D) Licensed Realtor


2. If an owner wants to list a property for sale "as is," the listing agent should:

A) conclude that if the buyer later discovers defects that were not disclosed the listing agent is relieved of any responsibility.
B) question the seller as to any known defects.
C) assume that the owner will accept a relatively low price for the property.
D) assume that the house is a "fixer-upper."


3. A purchase money note need NOT contain the:

A) rate of interest.
B) time and method of payment.
C) loan-to-value ratio.
D) principal amount of the loan.


4. Under New Jersey Real Estate Commission rules, a licensee's obligations to the public include all of the following responsibilities EXCEPT:

A) accepting any reasonable commission offered by a seller in the course of negotiating a listing agreement
B) disclosing material defects in a property to a prospective purchaser
C) protecting and promoting the interests of the licensee's principal when acting as an agent
D) dealing honestly with all parties


5. A private integrated club refused to rent one of its condos to a minority family. The club explained that it did not rent the condos to the public since the condos were for members only. Is the club in violation of the federal Fair Housing Act, and if so, how?

A) Yes, because the club had minority members, and therefore was not eligible for exemptions from the federal Fair Housing Act.
B) No, because as an integrated club, they could discriminate on the basis of race in renting facilities.
C) Yes, because when race is involved, no exceptions to the federal Fair Housing Act exist.
D) No, because a private club may restrict the rental of its own lodgings to its members as long as the lodgings are not operated commercially.


Solutions:

Question # 1
Answer: A
Question # 2
Answer: B
Question # 3
Answer: C
Question # 4
Answer: A
Question # 5
Answer: D

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