Real estate nj - Study guides, Class notes & Summaries

Three identical homes in a neighborhood were listed at the same time in a market where demand was constant. According to the law of supply and demand, which would have sold for the lowest price? - ️️The first sold. When compiling a competitive market analysis, a broker would look for comparable properties that - ️️were located near the property being listed. If an older building cannot be air-conditioned, it is an example of - ️️functional obsolescence. A prospective seller ...

Real Estate NJ – Questions & Solutions

PSI NJ REAL ESTATE EXAM,PSI PRACTICE TEST ACTUAL EXAM COMPLETE 140 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW!!.

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

NJ Real Estate Exam Questions with Correct Answers Branch Office - Answer-broker's additional place of business commingling - Answer-mixing broker's money with that of others duplicate original - Answer-copy of a real estate contract with original signatures probation - Answer-least severe discipline by the real estate commission A licensed salesperson is allowed to - Answer-leave one broker and affiliate with another Under some circumstances, a real estate office may be in th...

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

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

Real Estate NJ Questions Correctly Answered 2024. A home is being purchased for $275,000. The buyer agrees to an 80% loan with the seller paying $5,000 of the buyer's closing costs. What amount will the ... - correct answer $55,000 A national company desires a parcel of land which must be four times the size of its proposed building. If the building design includes 20,000 square feet .... - correct answer B) 2 acres A salesperson is convicted of a crime which involved activities as a rea...

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

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...