Nj property license - Study guides, Class notes & Summaries

NJ Real Estate Exam 2 Questions with complete solution 2023/2024Broker - 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 - correct answer regulations covering out of state properties sold in NJ continuing education - correct answer 12 hours required every two years, two of which must be on ethics ...

NJ Property license 1Test Well Solved 2023What are the methods of managing risk? - ANSWER Avoidance, transfer, sharing, retention, reduction What is the fee a person pays an insurance company to receive coverage? - ANSWER Premium Self -insuring is typically used for what type of insurance? - ANSWER Workers compensation A tornado that destroys a property would be an example of what? - ANSWER Peril A state-issued document empowering an insurance company to become an admitted insurer is...

NJ property insurance law Exam with complete solutions In New Jersey, and insurer must provide at least______ advance notice for cancellation of property coverages for nonpayment of premium 10 days The employment of another producer by a producer is subject to all of the following requirements, except a. the employer shall examine the credentials of the kinds of business described in the contract. b. the employer shall be responsible for the insurance related conduct of the employee ...

NJ Real Estate Exam Questions According to New Jersey License Law, A licensee who wants to sell property that the licensee owns MUST? a) list the same property with another licensee in the same office b) disclose the ownership interest in any advertisement of the property c) disclose the ownership interest in any notice submitted on the listing to the MLS d) disclose in the contract of sale that the seller holds a New Jersey Real Estate license d. disclose in the contract of sale that th...

NJ Title Insurance Reloaded Final Actual Exam In 1869 in Paul vs Virginia case the the US Supreme Court ruled that insurance? - CORRECT ANSWER-Was not interstate Commerce. In 1944, in the South-Eastern Underwritters Association (SEUA) case, the U.S. Supreme Court ruled that insurance? - CORRECT ANSWER-Was interstate commerce and was subject to Federal regulation. The McCarran-Ferguson Act of 1945 states that individual states are subject to the authority of the? - CORRECT ANSWER-Feder...

NJ Real Estate Exam Question and answers rated A+ 2023/2024 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 license is valid for 18 - correct answer according to the law, to obtain a salesperson's license one must reach the age of 150 - correct answer a broker must have completed how many...

NJ Title Insurance Exam 2022 Reloaded Questions And Answers. In 1869 in Paul vs Virginia case the the US Supreme Court ruled that insurance? Was not interstate Commerce. In 1944, in the South-Eastern Underwritters Association (SEUA) case, the U.S. Supreme Court ruled that insurance? Was interstate commerce and was subject to Federal regulation. The McCarran-Ferguson Act of 1945 states that individual states are subject to the authority of the? Federal Government Activities performed to ...

All applicators of any pesticides or their supervisors must have state certification. T/F - ANSWER T Pesticide applicators of any pesticides may be classified as private applicators if they apply a pesticide: A. only on their own property B. To produce agricultural commodities primarily on the property of other people C. To produce agricultural commodities on their own property D. on the property of others for hire and their own property - ANSWER C Pesticides in the restricted-use cate...

NJ Property license 1 Already Graded A+

NJ Real Estate Commission - correct answer Administration of NJ RE licenses by? Dept. of Banking and Insurance - correct answer NJ Real Estate Commission is under Real Estate License Act Title 14 Chapter 15 - correct answer Licenses governed by? Title 11, Chapter 5 - correct answer Rules and regulation...