Nj real estate - Study guides, Class notes & Summaries

PSI NJ REAL ESTATE EXAM 2024 /2025 WITH 100% ACCURATE SOLUTIONS

NJ REAL ESTATE 201 - CH 12 & 16 EXAM 2024/2025 WITH 100% ACCURATE SOLUTIONS A licensee-written lease must contain notice of the right to attorney review if it A. requires a security deposit B. contains an automatic renewal clause C. provides for holdover tenancy D. is for a period of one year or more - Precise Answer D. is for a period of one year or more

COLIBRI NJ REAL ESTATE EXAM ALL QUESTIONS AND WELL ELABORATED ANSWERS TOP RATED VERSION FOR ALREADY A GRADED WITH EXPERT FEEDBACK |NEW AND REVISED

NJ Real Estate 2024 Exam Questions with Correct Answers Broker - Answer-is authorized to operate a real estate business, hire salespersons, and to charge the public for services. Broker-salesperson - Answer-Has fulfilled all the requirements of a broker yet chooses to work in a sales capacity for and in the name of another broker. Continuing Education - Answer-All Broker, broker-salespersons, and salespersons licensees must complete 12 hours of approved continuing education courses befor...

NJ Real Estate ExamBranch 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 probation - correct answer least severe discipline by the real estate commission A licensed salesperson is allowed to - correct answer leave one broker and affiliate with another Under some circumstances, a real estate office may be...

When a land owner uses his land as security for a loan, the encumbrance created is called. - C. an involuntary lien If an owner wants to list a property for sale "as is," the listing agent should - C. Question the seller to any known defects According to the New Jersey Real Estate Time Share Act, if a licensee is selling a timeshare located within the state of New Jersey, all of the following are true EXCEPT that the - A. licensee must hold a timeshare license May a New Jersey real estate l...

PSI NJ REAL ESTATE EXAM, PSI PRACTICE TEST EXAM STUDY MATERIALS QUESTION AND ANSWERS (VERIFIED ANSWERS)

PSI NJ REAL ESTATE EXAM, PSI PRACTICE TEST EXAM STUDY MATERIALS QUESTION AND ANSWERS (VERIFIED ANSWERS)

Water Rights - 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 - an agent to the broker and a subagent to the principal. Depreciation is calculated based on the - Cost of the building only. When a property owner uses his home as collateral for a loan and creates a lien in favor of the lender, title is held by the - mortgagor A competitive market analysis is MOST o...