Nj r a el estate exam - Study guides, Class notes & Summaries
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NJ R a el Estate Exam WITH CORRECT QUESTION &ANSWERS
- Exam (elaborations) • 44 pages • 2024
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broad range of matters (ex: property manager) universal agent -CORRECT ANSWERS-has 
authority to represent the principal in all matters that can be delegated (ex: power of 
attorney) special agent -CORRECT ANSWERS-authorized to represent that principal in one 
specific capacity only (most broker relationships) standard of care -CORRECT ANSWERSthe quality of service a normal person would expect from a broker or salesperson 
disclosure -CORRECT ANSWERS-agent's duty to pass on to the principa...
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