Nj property license 1 - Study guides, Class notes & Summaries

NJ-PROPERTY AND CASUALTY EXAM QUESTIONS WITH COMPLETE SOLUTIONS VERIFIED 2024 1. A contract in which only one party - the insurer - makes an enforceable promise is said to be A- Quotation B- Unilateral C- A contract of Indemnity D- A contract of Adhesion B- Unilateral An insurance policy is considered to be unilateral, since only one party to the contract, the insurance company, makes an enforceable promise. 2. An insurer whose main home office is domiciled in the state where...

NEW JERSEY TITLE PRODUCER 2024 Final Exam Q & A ALTA 1 - CORRECT ANSWER-Street Assessments ALTA 2 - CORRECT ANSWER-Truth in lending owners policy - CORRECT ANSWER-insures estates of ownership, remains constant over the life of the property. Covers property line disputes. A type of title insurance issued in the name of the property owner. Coverage runs from the time of purchase for as long as the policyholder owns the property. mortgage lender policy (loan policy) - CORRECT ANSWER-lende...

NJ DMV KNOWLEDGE TEST - TOP 150 QUESTIONS AND VERIFIED ANSWERS To register a vehicle in New Jersey, you must be age _____ or older. 17 You may avoid a traffic signal by driving on public or private property: If an officer directs you to do so. The Implied Consent Law Drivers consent to a breath test when suspected of drinking and driving. A five-ounce glass of wine contains the same amount of alcohol as: One 12-ounce can of beer. Who is required to wear a seat belt in a moving motor...

NJ DMV KNOWLEDGE TEST - TOP 150 QUESTIONS AND VERIFIED ANSWERS To register a vehicle in New Jersey, you must be age _____ or older. 17 You may avoid a traffic signal by driving on public or private property: If an officer directs you to do so. The Implied Consent Law Drivers consent to a breath test when suspected of drinking and driving. A five-ounce glass of wine contains the same amount of alcohol as: One 12-ounce can of beer. Who is required to wear a seat belt in a moving motor...

Sgt Sample Exam 27 Questions with Verified Answers Question 1 is an example of a test question designed to measure candidates' knowledge of N.J.S.A. 2C 1. Mrs. Harrison has not paid her rent in three months; as a result, she was served with an eviction notice. She became enraged, and in a fit of anger, recklessly kicked and damaged the bedroom and bathroom doors. The property owner comes to the police department for the purpose of signing complaints. According to the NJ Code of Criminal ...

Chapter 3 - Answer New Jersey License Laws real estate commission - Answer 8 members - 5 brokers who have been state residents for atleast 10 years - 2 members of the public - 1 government designee the real estate commission is funded by? - Answer the department of banking and insurance how many days of notice are needed for the real estate commission to search broker records? - Answer zero what kind of power does the real estate commission have? - Answer subpoena power Sales...

NJ Real Estate Chapter 1 Question and answers 2023/2024 verified to passBroker - 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 - correct answer State agency that approves and registers some out -of-state property Continuing education - correct answer classes required for license renewal

NJ REAL ESTATE PRACTICE EXAM 2021 (Answers verified 100%) 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, CAG Bargain and Sale Deed, CAG Taxes raised to pay for improvements that benefit real estate are referred to as 1. Special Assessments 2. Facilities Taxes 3. Ad Valorem Taxes 4. Luxury Rates Spe...

NJ Boater Exam Questions and Answers Already Graded A What does one short blast of a horn mean? I intend to pass you on my port (left) side A sailboat is underway in the fog. What sound signal should you hear? one prolonged blast plus two short blasts every two minutes Green can buoy Cylindrical-shaped (square) markers that are always green in color, with odd numbers. Keep this marker on your left (port) side when proceeding in the upstream (returning from sea) direction. Orange square ...

1. Which of the following entries satisfies the requirement that an advertisement show that the broker is in the real estate brokerage business? A. J. Jones Realty B. J. Jones, Real Properties C. J. Jones, Real Estate Agency D. J. Jones, Real estate Ventures Answer: C All ads must indicate the name of the brokerage company followed by a term such as REALTOR, Realtist, real estate broker, or real estate agency. 2. A manager rents a unit to a tenant who later has a car accident and is conf...