Exam (elaborations) Final Exam NJ - Real Estate Part 3 Questions Clearly Answered 2024. Exam (elaborations) Final Test Practice Exam For New Jersey Real Estate Test 2024 PREP. Exam (elaborations) New Jersey Real Estate Exam #1 Practice Questions 2024. Exam (elaborations) New Jersey Real Esta...
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Real Estate NJ Questions Correctly Answered 2024. A home is being purchased for $275,000. The buyer agrees to an 80% loan with the seller paying $5,000 of the buyer's closing costs. What amount will the ... - correct answer $55,000 A national company desires a parcel of land which must be four ...
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Add to cartReal Estate NJ Questions Correctly Answered 2024. A home is being purchased for $275,000. The buyer agrees to an 80% loan with the seller paying $5,000 of the buyer's closing costs. What amount will the ... - correct answer $55,000 A national company desires a parcel of land which must be four ...
PSI NJ Real Estate Practice Exam Questions 2024. Three identical homes in a neighborhood were listed at the same time in a market where demand was constant. According to the law of supply and demand, which would have sold for the lowest price? - correct answer The first sold. When compiling a co...
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Add to cartPSI NJ Real Estate Practice Exam Questions 2024. Three identical homes in a neighborhood were listed at the same time in a market where demand was constant. According to the law of supply and demand, which would have sold for the lowest price? - correct answer The first sold. When compiling a co...
PSI NJ Real Estate Exam, PSI Practice Test Review Quiz 2024. Water Rights - correct answer The terms "littoral," "riparian," and "appropriative" refer to A salesperson lists a property with a contract that allows for subagency and dual agency. The salesperson is - correct answer an agent t...
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Add to cartPSI NJ Real Estate Exam, PSI Practice Test Review Quiz 2024. Water Rights - correct answer The terms "littoral," "riparian," and "appropriative" refer to A salesperson lists a property with a contract that allows for subagency and dual agency. The salesperson is - correct answer an agent t...
NJ Real Estate Questions Correctly Answered 2024. When a buyer purchases a property subject to a seller's existing mortgage... - correct answer the seller's obligations under the existing mortgage remain unchanged A licensee preparing a competitive market analysis (CMA) has information on a co...
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Add to cartNJ Real Estate Questions Correctly Answered 2024. When a buyer purchases a property subject to a seller's existing mortgage... - correct answer the seller's obligations under the existing mortgage remain unchanged A licensee preparing a competitive market analysis (CMA) has information on a co...
NJ Real Estate Unit 2 Commission Rules and Regulations Complete Questions 2024. Waiver of Broker Cooperation - correct answer Form sellers must sign for an office-exclusive listing Trust Account - correct answer Another name for escrow account Suspension - correct answer Temporary lifting of ...
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Add to cartNJ Real Estate Unit 2 Commission Rules and Regulations Complete Questions 2024. Waiver of Broker Cooperation - correct answer Form sellers must sign for an office-exclusive listing Trust Account - correct answer Another name for escrow account Suspension - correct answer Temporary lifting of ...
NJ Real Estate Test Questions Clearly Answered 2024. acceleration clause - correct answer A clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. The most common reasons for accelerating a loan are if the borrower defaults on the loan...
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Add to cartNJ Real Estate Test Questions Clearly Answered 2024. acceleration clause - correct answer A clause in your mortgage which allows the lender to demand payment of the outstanding loan balance for various reasons. The most common reasons for accelerating a loan are if the borrower defaults on the loan...
NJ REAL ESTATE TERMS & KEY WORDS COMPLETE STUDY GUIDE EXAM 2024.BROKER - correct answer The use of the term "Broker" refers to one who operates his or her own business. Any person or firm who, for a commission or other valuable consideration engages in listing, selling,buying, renting, negotiating...
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Add to cartNJ REAL ESTATE TERMS & KEY WORDS COMPLETE STUDY GUIDE EXAM 2024.BROKER - correct answer The use of the term "Broker" refers to one who operates his or her own business. Any person or firm who, for a commission or other valuable consideration engages in listing, selling,buying, renting, negotiating...
NJ Real Estate Pre-licensing Exam 1 Questions & Answers 2024. Real Estate License Act - correct answer Title 45, Chapter 15 Rules and regulations set up by the Real Estate Commission - correct answer Title 11, Chapter 5, Administrative Code Number of Members in Real Estate Commission - correc...
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Add to cartNJ Real Estate Pre-licensing Exam 1 Questions & Answers 2024. Real Estate License Act - correct answer Title 45, Chapter 15 Rules and regulations set up by the Real Estate Commission - correct answer Title 11, Chapter 5, Administrative Code Number of Members in Real Estate Commission - correc...
NJ Real Estate Practice Test #2 Review Questions 2024. An exception to title insurance coverage is - correct answer defects that clearly appear in the title search. An equal housing opportunity notice MUST be - correct answer displayed in the brokerage office. A broker represents a group of i...
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Add to cartNJ Real Estate Practice Test #2 Review Questions 2024. An exception to title insurance coverage is - correct answer defects that clearly appear in the title search. An equal housing opportunity notice MUST be - correct answer displayed in the brokerage office. A broker represents a group of i...
NJ REAL ESTATE PRACTICE EXAM QUESTIONS & ANSWERS GUIDE 2024. The type of deed that warrants only that the grantor has not impaired the title during the term in which he held it is referred to as. 1. Quitclaim Deed 2. General Warranty Deed 3. Bargain and Sale Deed 4. Bargain and Sale Deed, ...
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Add to cartNJ REAL ESTATE PRACTICE EXAM QUESTIONS & ANSWERS GUIDE 2024. The type of deed that warrants only that the grantor has not impaired the title during the term in which he held it is referred to as. 1. Quitclaim Deed 2. General Warranty Deed 3. Bargain and Sale Deed 4. Bargain and Sale Deed, ...
NJ Real Estate License Exam Complete Test Guide 2024. Broker - correct answer Individual licenses to charge the public for real estate services. Broker-salesperson - correct answer Fully qualified broker who remains under another broker's supervision Bureau of Subdivided Land sales Control -...
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Add to cartNJ Real Estate License Exam Complete Test Guide 2024. Broker - correct answer Individual licenses to charge the public for real estate services. Broker-salesperson - correct answer Fully qualified broker who remains under another broker's supervision Bureau of Subdivided Land sales Control -...
NJ Real Estate Exam Advanced Study Guide 2024. Title 45 - correct answer New Jersey's real estate license law is known as Draw up a binding lease for a new tenant in a property the resident owns - correct answer an unlicensed New Jersey resident may two years - correct answer a real estate l...
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Add to cartNJ Real Estate Exam Advanced Study Guide 2024. Title 45 - correct answer New Jersey's real estate license law is known as Draw up a binding lease for a new tenant in a property the resident owns - correct answer an unlicensed New Jersey resident may two years - correct answer a real estate l...
NJ Real Estate Final Exam Questions 2024. What is NOT considered an improvement to land? - correct answer crops Jim Thomas lets his neighbor, Shirley Blank, store her camper in his yard for a few weeks. He does NOT charge her rent. He has given Blank - correct answer a license What is a lien ...
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Add to cartNJ Real Estate Final Exam Questions 2024. What is NOT considered an improvement to land? - correct answer crops Jim Thomas lets his neighbor, Shirley Blank, store her camper in his yard for a few weeks. He does NOT charge her rent. He has given Blank - correct answer a license What is a lien ...
NJ Real Estate Exam Complete Test 2024. Broker - correct answer One who buys and sells for another for a fee. Broker-Salesperson - correct answer A qualified broker who practices real estate in the position of salesperson in another broker's office bureau of subsidized land sales control - c...
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Add to cartNJ Real Estate Exam Complete Test 2024. Broker - correct answer One who buys and sells for another for a fee. Broker-Salesperson - correct answer A qualified broker who practices real estate in the position of salesperson in another broker's office bureau of subsidized land sales control - c...
NJ Real Estate Exam Questions Correctly Answered 2024. Which of the following is a permitted free offering? o- A. A complimentary home warranty with every listing B. A coupon for a discounted commission on listing services C. A free dinner for attendees at a homebuyers' evening seminar D. Free...
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Add to cartNJ Real Estate Exam Questions Correctly Answered 2024. Which of the following is a permitted free offering? o- A. A complimentary home warranty with every listing B. A coupon for a discounted commission on listing services C. A free dinner for attendees at a homebuyers' evening seminar D. Free...
NJ Real estate Exam Prediction Questions 2024. An Appraisal made by a Certified appraiser is REQUIRED? - correct answer WHEN THE BUYER IS USING A FHA LOAN TO PURCHASE Greatest advantage of using FHA financing when buyer plans to occupy? - correct answer THE REQUIRED DOWN PAYMENT MAY BE LOWER THA...
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Add to cartNJ Real estate Exam Prediction Questions 2024. An Appraisal made by a Certified appraiser is REQUIRED? - correct answer WHEN THE BUYER IS USING A FHA LOAN TO PURCHASE Greatest advantage of using FHA financing when buyer plans to occupy? - correct answer THE REQUIRED DOWN PAYMENT MAY BE LOWER THA...
NJ Real Estate Exam Practice Questions With Correct Answers 2024. According to fair housing, which of these is not a protected class? A. muslim B. arab C. homosexual D. single mother - correct answer C. homosexual The front door key to a house is: A. chattel B. fixture C. improvement ...
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Add to cartNJ Real Estate Exam Practice Questions With Correct Answers 2024. According to fair housing, which of these is not a protected class? A. muslim B. arab C. homosexual D. single mother - correct answer C. homosexual The front door key to a house is: A. chattel B. fixture C. improvement ...
NJ Real Estate Exam Part 2 Test Questions Clearly Answered 2024. broker's additional place of business - correct answer Branch Office mixing broker's money with that of others - correct answer commingling copy of a real estate contract with original signatures - correct answer duplicate ori...
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Add to cartNJ Real Estate Exam Part 2 Test Questions Clearly Answered 2024. broker's additional place of business - correct answer Branch Office mixing broker's money with that of others - correct answer commingling copy of a real estate contract with original signatures - correct answer duplicate ori...
NJ Real Estate Exam Key Terms Real Estate Calculations Mathematics Correctly Solved2024. 100% - correct answer One whole unit (100 parts that make up a unit) 50% - correct answer 50 parts of the possible 100 parts that make up a whole unit Percentages greater than 100% (ex: 112%) - correct an...
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Add to cartNJ Real Estate Exam Key Terms Real Estate Calculations Mathematics Correctly Solved2024. 100% - correct answer One whole unit (100 parts that make up a unit) 50% - correct answer 50 parts of the possible 100 parts that make up a whole unit Percentages greater than 100% (ex: 112%) - correct an...
NJ Real Estate Exam 2 Final Test Guide Questions 2024. Broker - correct answer One who buys and sells for another for a fee. Broker-Salesperson - correct answer A qualified broker who practices real estate in the position of salesperson in another broker's office bureau of subsidized land sa...
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Add to cartNJ Real Estate Exam 2 Final Test Guide Questions 2024. Broker - correct answer One who buys and sells for another for a fee. Broker-Salesperson - correct answer A qualified broker who practices real estate in the position of salesperson in another broker's office bureau of subsidized land sa...
NJ REAL ESTATE EXAM 1 COMPLETE STUDY TEST GUIDE 2024. If a broker is expecting to receive 6% commission on a sale of $250,000 house, what will the commission be? a) $750 b) $1,500 c) $7,500 d) $15,000 - correct answer d A lot measuring 240' by 400' is selling for $400 a front foot. What...
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Add to cartNJ REAL ESTATE EXAM 1 COMPLETE STUDY TEST GUIDE 2024. If a broker is expecting to receive 6% commission on a sale of $250,000 house, what will the commission be? a) $750 b) $1,500 c) $7,500 d) $15,000 - correct answer d A lot measuring 240' by 400' is selling for $400 a front foot. What...
NJ Real Estate Exam - Timelines & Fines Practice Questions 2024. How long from class end date to pass the School and State Exam and submit license application - correct answer 1 year How long must a Salesperson wait until they are eligible for a Broker's license - correct answer 3 years full-ti...
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Add to cartNJ Real Estate Exam - Timelines & Fines Practice Questions 2024. How long from class end date to pass the School and State Exam and submit license application - correct answer 1 year How long must a Salesperson wait until they are eligible for a Broker's license - correct answer 3 years full-ti...
NJ REAL ESTATE EXAM - PRACTICE EXAM MATH QUESTIONS CLEARLY SOLVED TEST 2024. If a broker is expecting to receive 6% commission on a sale of $250,000 house, what will the commission be? a) $750 b) $1,500 c) $7,500 d) $15,000 - correct answer d) $15,000 A lot measuring 240' by 400' is sell...
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Add to cartNJ REAL ESTATE EXAM - PRACTICE EXAM MATH QUESTIONS CLEARLY SOLVED TEST 2024. If a broker is expecting to receive 6% commission on a sale of $250,000 house, what will the commission be? a) $750 b) $1,500 c) $7,500 d) $15,000 - correct answer d) $15,000 A lot measuring 240' by 400' is sell...
NJ Real Estate Chapter 2 Review Test Questions 2024. Branch office - correct answer broker's additional place of business Commingling - correct answer mixing broker's money with that of others Duplicate original - correct answer copy of a real estate contract with original signatures Esc...
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Add to cartNJ Real Estate Chapter 2 Review Test Questions 2024. Branch office - correct answer broker's additional place of business Commingling - correct answer mixing broker's money with that of others Duplicate original - correct answer copy of a real estate contract with original signatures Esc...
NJ Real Estate Chapter 1 Complete Study Guide Exam 2024 Broker - correct answer individual licensed to charge the public for real estate services Broker Salesperson - correct answer fully qualified broker who remains under another brokers's supervision Bureau of Subdivided Land Sales Control...
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Add to cartNJ Real Estate Chapter 1 Complete Study Guide Exam 2024 Broker - correct answer individual licensed to charge the public for real estate services Broker Salesperson - correct answer fully qualified broker who remains under another brokers's supervision Bureau of Subdivided Land Sales Control...
NJ Real Estate Broker's Final Exam Questions Correctly Answered 2024. The right of a utility company to enter someone's property for the purpose of repairing or maintaining the utility service is called (A.) an easement in gross (B.) an easement appurtenant (C.) eminent domain (D.)...
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Add to cartNJ Real Estate Broker's Final Exam Questions Correctly Answered 2024. The right of a utility company to enter someone's property for the purpose of repairing or maintaining the utility service is called (A.) an easement in gross (B.) an easement appurtenant (C.) eminent domain (D.)...
NJ Real Estate - Contracts Review Practice Questions 2024. An offer may be terminated by - correct answer Lapse of agreed time, acceptance of offer, counteroffer An option is - correct answer A unilateral contract, binding only on one party, accepted by performance e A real estate license may...
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Add to cartNJ Real Estate - Contracts Review Practice Questions 2024. An offer may be terminated by - correct answer Lapse of agreed time, acceptance of offer, counteroffer An option is - correct answer A unilateral contract, binding only on one party, accepted by performance e A real estate license may...
New Jersey Real Estate Licensing Prediction Exam Questions 2024. Licensing requirements - correct answer All license applicants must meet these requirements: Have a high school diploma or equivalent; be 18 years of age or older; prove U.S. citizenship or legal residence; submit the appropriate appl...
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Add to cartNew Jersey Real Estate Licensing Prediction Exam Questions 2024. Licensing requirements - correct answer All license applicants must meet these requirements: Have a high school diploma or equivalent; be 18 years of age or older; prove U.S. citizenship or legal residence; submit the appropriate appl...
New Jersey Real Estate Exam Prep Questions With Correct Answers 2024. Mark, a licensed broker, procures a ready, willing, and able buyer for his seller-principal. The seller accepts the buyer's offer in writing. Just before the schedule closing, the seller has a change of heart and refuses to sell...
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Add to cartNew Jersey Real Estate Exam Prep Questions With Correct Answers 2024. Mark, a licensed broker, procures a ready, willing, and able buyer for his seller-principal. The seller accepts the buyer's offer in writing. Just before the schedule closing, the seller has a change of heart and refuses to sell...
New Jersey Real Estate Exam- Chapter 1 Questions Correctly Answered 2024. New Jersey's real estate license law is known as: a. the Statute of Frauds b. Title VII c. Title 45 d. the Law of Agency - correct answer c. Title 45 A New Jersey resident does NOT need a license to: a. help a neig...
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Add to cartNew Jersey Real Estate Exam- Chapter 1 Questions Correctly Answered 2024. New Jersey's real estate license law is known as: a. the Statute of Frauds b. Title VII c. Title 45 d. the Law of Agency - correct answer c. Title 45 A New Jersey resident does NOT need a license to: a. help a neig...
New Jersey Real Estate Exam #1 Practice Questions 2024. 1. A real estate licensee has a buyer agency agreement. What is the seller in this situation? A. a customer B. a client C. a fiduciary D. an agent - correct answer A. There's an important distinction between client and customer. Un...
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Add to cartNew Jersey Real Estate Exam #1 Practice Questions 2024. 1. A real estate licensee has a buyer agency agreement. What is the seller in this situation? A. a customer B. a client C. a fiduciary D. an agent - correct answer A. There's an important distinction between client and customer. Un...
Final Test Practice Exam For New Jersey Real Estate Test 2024 PREP. Who appoints the 8 members of the New Jersey Real Estate Commission? - correct answer Governor Who makes the payments to a claimant from the Guaranty Fund? - correct answer The state treasurer Agent Louis Lee is working with...
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Add to cartFinal Test Practice Exam For New Jersey Real Estate Test 2024 PREP. Who appoints the 8 members of the New Jersey Real Estate Commission? - correct answer Governor Who makes the payments to a claimant from the Guaranty Fund? - correct answer The state treasurer Agent Louis Lee is working with...
Final Exam NJ - Real Estate Part 3 Questions Clearly Answered 2024. If a broker is expecting to receive a 6% commission on the sale of a $250,000 house, what will the commission be? - correct answer $15,000 A lot measuring 240' x 400' is selling for 400 a front foot what is the price? - correc...
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Add to cartFinal Exam NJ - Real Estate Part 3 Questions Clearly Answered 2024. If a broker is expecting to receive a 6% commission on the sale of a $250,000 house, what will the commission be? - correct answer $15,000 A lot measuring 240' x 400' is selling for 400 a front foot what is the price? - correc...
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