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Real Estate New-Jersey-Real-Estate-Salesperson Questions & Answers - in .pdf

New-Jersey-Real-Estate-Salesperson pdf
  • Total Q&A: 122
  • Update: Aug 06, 2026
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  • Vendor: Real Estate
  • Exam Code: New-Jersey-Real-Estate-Salesperson
  • Exam Name: New Jersey Real Estate Salesperson Exam
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New-Jersey-Real-Estate-Salesperson Study Guide
  • Total Q&A: 122
  • Update: Aug 06, 2026
  • Price: $59.99
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  • Vendor: Real Estate
  • Exam Code: New-Jersey-Real-Estate-Salesperson
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Real Estate New-Jersey-Real-Estate-Salesperson Exam Overview:

Certification Vendor:New Jersey Real Estate Commission
Exam Name:New Jersey Real Estate Salesperson Exam
Exam Number:New-Jersey-Real-Estate-Salesperson
Real Exam Qty:110
Certificate Validity Period:2 years
Related Certifications:New Jersey Real Estate Broker License
New Jersey Real Estate Referral Agent License
Exam Price:$45 USD
Exam Duration:240 minutes
Available Languages:English, Spanish
Passing Score:70% (77 out of 110)
Exam Format:Multiple-choice, Computer-based, National portion (80 questions), State-specific portion (30 questions)
Recommended Training:NJREC Approved Education Providers
Exam Registration:PSI Services LLC Registration
New Jersey Real Estate Commission
Sample Questions:Real Estate New-Jersey-Real-Estate-Salesperson Sample Questions
Exam Way:Computer-based; available at PSI test centers or online remote proctoring
Pre Condition:18 years or older; high school diploma or equivalent; complete 75-hour pre-licensure course from approved provider; pass background check; obtain eligibility certificate
Official Syllabus URL:https://www.nj.gov/dobi/division_rec/licensing/reclicrequire.htm

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

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

Real Estate New Jersey Real Estate Salesperson Sample Questions:

1. A seller is offering his property for sale in as-is condition. A buyer enters into a contract with the seller and has the home inspected. The inspection reveals a latent defect known to, but not disclosed by, the seller. The buyer:

A) can force the seller to correct the defect.
B) must go through with the purchase because the house is being sold as is.
C) can void the contract due to the seller's failure to disclose the latent defect.
D) can reduce the contract sales price by the cost of correcting the defect.


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


3. According to the Real Estate Licensing Law, a real estate licensee can provide a rebate of the commission to a buyer

A) provided it does not exceed 50% of the total commission.
B) if the licensee is the broker.
C) if a writing confirming the terms of the rebate is provided to the buyer at closing.
D) if notated on the contract of sale.


4. A buyer and broker enter into a 3-month exclusive buyer agency agreement. With regard to the broker's right to be compensated and to work with other clients, this means that during the term of this agreement, the broker

A) is entitled to compensation even if the buyer purchases a property that they locate.
B) is only due compensation if the buyer purchases one of the broker's listings.
C) may not show a property to other buyers until the buyer decides if they want to make an offer.
D) must be compensated by the seller.


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) No, because as an integrated club, they could discriminate on the basis of race in renting facilities.
B) Yes, because when race is involved, no exceptions to the federal Fair Housing Act exist.
C) 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.
D) Yes, because the club had minority members, and therefore was not eligible for exemptions from the federal Fair Housing Act.


Solutions:

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

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