Real Estate New Jersey Real Estate Salesperson : New-Jersey-Real-Estate-Salesperson

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Real Estate New-Jersey-Real-Estate-Salesperson Exam Syllabus Topics:

Real Estate New Jersey Real Estate Salesperson Sample Questions:

1. When buyers move into their new house, they see that the ceiling fan in the dining room is gone. The ceiling fan was not mentioned in the offer to purchase. Did the sellers have the right to take the ceiling fan?

A) No, because it was chattel.
B) Yes, because it was not referenced in the contract.
C) No, because it was a fixture in the house.
D) Yes, because it was the sellers' personal property.

2. What is the difference between a license to use property and an easement?

A) A license can be cancelled by the issuer.
B) An easement can be cancelled by the issuer.
C) There must be consideration paid for a license.
D) There must be consideration paid for an easement.

3. In surveying, monuments are used to establish:

A) real estate boundaries
B) historical sites
C) a common address
D) flood elevation

4. A CORRECT statement about transaction brokers is that they:

A) are required to disclose confidential information
B) represent neither the buyer nor the seller
C) represent both the buyer and the seller
D) may conduct transactions without an active real estate license

5. The local gas company has a 10-foot easement along the rear of a residential lot. This is best known as an easement:

A) by prescription
B) appurtenant
C) in gross
D) by necessity

Solutions: