Nj property license 1 - Study guides, Class notes & Summaries

NJ PROPERTY AND CASUALTY EXAM QUESTIONS WITH COMPLETE SOLUTIONS 100% VERIFIED 2024 LATEST UPDATE 1. A contract in which only one party - the insurer - makes an enforceable promise is said to be A- Quotation B- Unilateral C- A contract of Indemnity D- A contract of Adhesion B- Unilateral An insurance policy is considered to be unilateral, since only one party to the contract, the insurance company, makes an enforceable promise. 2. An insurer whose main home office is domicil...

NJ REAL ESTATE PRACTICE EXAM 2021 (Answers verified 100%) 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 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 Taxes 4. Luxury Rates Spe...

Broker - Answer One who buys and sells for another for a fee. Broker-Salesperson - Answer A qualified broker who practices real estate in the position of salesperson in another broker's office bureau of subsidized land sales control - Answer regulations covering out of state properties sold in NJ continuing education - Answer 12 hours required every two years, two of which must be on ethics NJ Real Estate Commission - Answer Department of Banking and Insurance. 8 members. 5 brokers ...

NJ REAL ESTATE PRACTICE EXAM (2022/2023) ALREADY PASSED 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 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 Taxes 4. Luxury Rates Special Assessme...

1. Which of the following entries satisfies the requirement that an advertisement show that the broker is in the real estate brokerage business? A. J. Jones Realty B. J. Jones, Real Properties C. J. Jones, Real Estate Agency D. J. Jones, Real estate Ventures Answer: C All ads must indicate the name of the brokerage company followed by a term such as REALTOR, Realtist, real estate broker, or real estate agency. 2. A manager rents a unit to a tenant who later has a car accident and is conf...

NJ Boater Exam Questions and Answers Already Graded A What does one short blast of a horn mean? I intend to pass you on my port (left) side A sailboat is underway in the fog. What sound signal should you hear? one prolonged blast plus two short blasts every two minutes Green can buoy Cylindrical-shaped (square) markers that are always green in color, with odd numbers. Keep this marker on your left (port) side when proceeding in the upstream (returning from sea) direction. Orange square ...

Fines and Limits New Jersey drivers permit test with verified solutions If a New Jersey driver fails to comply with a police officer's request to illuminate the inside of his or her vehicle during a traffic stop, he or she will be fined ______ $50 upon a NJ driver's conviction of refusing to submit to chemical testing, he or she will be ordered to pay a insurance surcharge of _____ for three consecutive years. $1000 A conviction of racing on a highway in the state of New Jersey will result ...

1. Which of the following entries satisfies the requirement that an advertisement show that the broker is in the real estate brokerage business? A. J. Jones Realty B. J. Jones, Real Properties C. J. Jones, Real Estate Agency D. J. Jones, Real estate Ventures Answer: C All ads must indicate the name of the brokerage company followed by a term such as REALTOR, Realtist, real estate broker, or real estate agency. 2. A manager rents a unit to a tenant who later has a car accident and is conf...

NJ REAL ESTATE PRACTICE EXAM 2021 questions and answers 100% verified. 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 answers.Bargain and Sale Deed, CAG Taxes raised to pay for improvements that benefit real estate are referred to as 1. Special Assessments 2. Faci...

NJ Real Estate Exam Practice Questions with Verified Answers According to fair housing, which of these is not a protected class? A. muslim B. arab C. homosexual D. single mother C. homosexual The front door key to a house is: A. chattel B. fixture C. improvement D. trade fixture B. fixture The phrase "bundle of legal rights" is properly included in: A. the definition of real property B. a legal description C. real estate transactions D. leases for less than one year A. the definiti...