Nj real estate chapter 2 Study guides, Class notes & Summaries

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 - correct answer 8 Number of Real Estate Brokers on Commission - correct answer 5 Number of Members of General Public on Real Estate Commission - correct answer 2 Number of years a person on the Real...

NJ Real Estate Exam State Study Guide Questions And Answers Broker - ANSWER- -authorized to operate a real estate business, to hire salespersons, and to charge the public for services. salesperson - ANSWER- works under a sponsoring licensed broker, doing business in the name of the broker and receiving compensation only from that broker. broker-salesperson - ANSWER- has fulfilled all of the requirements of a broker yet chooses to work in a sales capacity for and in the name of anothe...

NJ Real Estate Chapter 2

Chapter 03 Extent of Real Estate Interests TRUEFALSE 1. Land ownership includes air rights and subsurface rights. (A) True (B) False Answer : (A) 2. Air rights and subsurface rights cannot be conveyed independently. (A) True (B) False Answer : (B) 3. Because a landowner owns the airspace above the land, air travel through that airspace is prohibited. (A) True (B) False Answer : (B) 4. A column lot is the space between the earth's surface and an imaginary plane 23' above the surface. ...

NJ Real Estate Commission - Answer- Administration of NJ RE licenses by? Dept. of Banking and Insurance - Answer- NJ Real Estate Commission is under Real Estate License Act Title 14 Chapter 15 - Answer- Licenses governed by? Title 11, Chapter 5 - Answer- Rules and regulations set up by the Commission (Administrative Code) Members of NJ Real Estate Commission - Answer- 8 total- 5 Brokers for at least 10 yrs, 1 state gov, 2 chosen by general public. 10 yr term 2 years - Answer- Term...

[WILEY FINRA SERIES]VAN BLARCOM, JEFF -Wiley Series 65 Exam Review 2016 + TEST BANK The Uniform Investment Advisor Law Exam WILEY SERIES 65 EXAM REVIEW 2016 WILEY FINRA SERIES This series includes the following titles: Wiley Series 3 Exam Review 2016 + Test Bank: National Commodities Futures Examination Wiley Series 4 Exam Review 2016 + Test Bank: The Registered Options Principal Examination Wiley Series 6 Exam Review 2016 + Test Bank: The Investment Company and Variable Contracts Produ...

Exam (elaborations) [WILEY FINRA SERIES] SECURITIES INSTITUTE OF AMERICA - Wiley Series 63 Exam Review 2016 + TEST BANK The Uniform Securities WILEY SERIES 63 EXAM REVIEW 2016 The Uniform Securities State Law Examination The Securities Institute of America, Inc. Cover Design: Wiley Cover Image: © iS / LuisB Copyright © 2016 by The Securities Institute of America, Inc. All rights reserved. Published by John Wiley & Sons, Inc., Hoboken, New Jersey. Previous editions published by The Secu...

general public Protected by the real estate licensing regulations of NJ from unscrupulous brokers and salespeople New Jersey Real Estate Commission (NJREC) Provide licenses in NJ since 1921 and operate within the Department of Banking and Insurance Title 45, Chapter 15 Licenses governed by the Real Estate License Act Title 11, Chapter 5 Rules and regulations set up by the Commission (Administrative Code) 8 members (5 brokers, 2 general public, 1 state government) ...

Real Estate License Act Title 45, Chapter 15 Rules and regulations set up by the Real Estate Commission Title 11, Chapter 5, Administrative Code Number of Members in Real Estate Commission 8 Number of Real Estate Brokers on Commission 5 Number of Members of General Public on Real Estate Commission 2 Number of years a person on the Real Estate Commission serves 3 Person allowed to charge the public for services. Broker Number of people each ...