Real Estate New Jersey Real Estate Salesperson Sample Questions:

1. A client is considering listing an industrially zoned 10-acre site. It has been vacant for several years, and was formerly used as an automobile junkyard. What would a responsible real estate licensee recommend the seller consider obtaining prior to putting the property on the market?

A) an electromagnetic field determination
B) a radon measurement analysis
C) an air quality report from the Environmental Protection Agency
D) an environmental site assessment

2. A seller places a property on the market for sale at a certain price. A buyer sees the property and makes a written offer to purchase that is 90% of the asking price. The seller rejects that offer, but will accept an offer of 95% of the original asking price. The buyer rejects that counteroffer. The original offer is:

A) irrevocable
B) null and void
C) binding
D) rescinded

3. If a salesperson or broker-salesperson maintains a webpage that is not linked to the webpage of their broker, the licensee's webpage must display the name of the broker as well as the

A) broker's email address.
B) address of the branch office from which the licensee operates.
C) address of the broker's main office.
D) broker's telephone number.

4. Are electronic signatures enforceable on a real estate contract?

A) No, because they are only allowed on deeds.
B) Yes, because they are legal in real estate transactions.
C) Yes, because they are allowed by the federal government.
D) No, because they must be signed and witnessed.

5. Under New Jersey Real Estate Commission rules, a licensee's obligations to the public include all of the following responsibilities EXCEPT:

A) accepting any reasonable commission offered by a seller in the course of negotiating a listing agreement
B) disclosing material defects in a property to a prospective purchaser
C) dealing honestly with all parties
D) protecting and promoting the interests of the licensee's principal when acting as an agent

Solutions: