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PSI NJ Real Estate Exam, PSI Practice Test. 2024, 136 Questions and Correct 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 th...

NJ Notary Public Exam (2024) || Complete Questions & Answers (100% Expert Verified) NJ Notary Public Exam (2024) || Complete Questions & Answers (100% Expert Verified) Can a Notary practice law? - ANSWER - A notary is specifically PROHIBITED from practicing law, unless he/she is already an attorney Are notaries commissioned for their specific county of residence? - ANSWER - NO. Notaries are commissioned for the entire state of Ohio but should still apply through their county of residency....