Purchase Real Estate : New-Jersey-Real-Estate-Salesperson Exam Materials and then pass exam easily
Updated: Jun 19, 2026
No. of Questions: 122 Questions & Answers with Testing Engine
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Real Estate New Jersey Real Estate Salesperson Sample Questions:
1. Written offers to purchase real estate in New Jersey must be presented to sellers within:
A) 24 hours
B) 5 days
C) 48 hours
D) 3 days
2. A property was listed for $110,000. It sold for $106,000. A 6.5% fee was split equally between the listing and selling real estate firms. The listing licensee received 55% of the listing office share. How much did the listing licensee receive?
A) $3,789.50
B) $3,575.00
C) $1,894.75
D) $1,966.25
3. Standard title insurance would protect a buyer:
A) when the seller has forged an ex-partner's signature on the deed.
B) if after closing, the HOA placed a lien on the property for the previous owners' unpaid dues.
C) in a purchase where the buyer had knowledge of a shed violating setback requirements.
D) for the purchase of a property bought sight unseen where the buyer discovers a tenant living at the property.
4. Who may give a supportable opinion of market value to be used in seeking a federally-related loan to finance a real estate transaction?
A) a licensed real estate broker
B) any real estate licensee, in each state in which the licensee is licensed
C) a Certified Public Accountant
D) a certified appraiser
5. Which of the following can hold escrow accounts?
A) banks, salespersons, and title companies
B) lenders, brokers, and real estate commissions
C) banks, brokers, and attorneys
D) salespersons, brokers, and lenders
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: D | Question # 5 Answer: C |
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