Nj real estate exam 1 - Study guides, Class notes & Summaries

NJ REAL ESTATE EXAM ACTUAL EXAM QUESTIONS AND VERIFIED ANSWERS PART 1.

NJ REAL ESTATE PRACTICE EXAM 2024 100% correct!. 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 - ANSWER Special Assessments 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 - ANSWE...

NJ Real Estate Exam Prep Questions and Answers (Latest) 22. Notice to Buyer and Seller informs the buyer and seller that? a. they may want to consult an attorney b. they should drop their salesperson c. they should not purchase the property if they don't think they can afford it. d. They can call any lender for financing - Answer-a 23. Licensees can prepare sales contracts on? a. 1-5 family dwellings and vacant tracts of land. b. 1-4 family dwellings and single vacant lots. c. 1-4...

NJ REAL ESTATE PRACTICE EXAM 2023/2024 QUESTIONS AND ANSWERS (GRADED A) NJ REAL ESTATE PRACTICE EXAM 2023/2024 QUESTIONS AND ANSWERS (GRADED A) NJ REAL ESTATE PRACTICE EXAM 2023/2024 QUESTIONS AND ANSWERS (GRADED A) NJ REAL ESTATE PRACTICE EXAM 2023/2024 QUESTIONS AND ANSWERS (GRADED A) 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 ...

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, exchanging, or auctioning the real estate of others. BROKER-SALESPERSON - correct answer Fully qualified broker who remains under another broker's supervision BUREAU of SUBDIVIDED LAND SALES ...

PSI NJ Real Estate Exam / PSI Practice Test - Q & A The Equal Credit Opportunity Act addresses all of the following EXCEPT a. discrimination in lending b. written statements of credit denial c. acceptable factors for borrower analysis d. standardization of interest rates Under the terms of their listing contract, the owners may sell their house themselves and pay no commission. If their agent sells it, a commission will be due. What kind of listing contract do the owners have? exclusive agency...

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, CAG - correct answer 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 Taxe...

NJ REAL ESTATE PRACTICE EXAM 2023/2024 QUESTIONS WITH COMPLETE SOLUTIONS If two similar houses are for sale in a certain location, the one with the lower price is usually bought first. This is the principle of 1. Supply and Demand 2. Substitution 3. Conformity 4. Progression - Answer-Substitution In New Jersey, which of the following is essential for any contract? 1. In writing 2. Consideration 3. Date 4. Plain-Language requirement - Answer-consideration An in rem pro...

Test For Nj Real Estate Exam With Complete Exam (A+ Graded) 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 - CORRECT ANSWER-Bargain and Sale Deed, CAG

NJ Real Estate Exam - Timelines & Fines (100% Verified Answers) 2023 NJ Real Estate Exam - Timelines & Fines (100% Verified Answers) 2023 How long from class end date to pass the School and State Exam and submit license application 1 year How long must a Salesperson wait until they are eligible for a Broker's license 3 years full-time Members of the Real Estate Commission Serve terms of 3 years Broker Candidates require additional classroom education in the amount of (hours) 150 hou...