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

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

Real Estate New Jersey Real Estate Salesperson Sample Questions:

Question 1

Which action would be allowed according to the Federal Fair Housing law?

A. A lender receives notice that a loan application submitted on behalf of a client has been denied. The lender knew the borrower was well qualified, but is told that area is off limits for new loans because of its crime rate.
B. Broker A meets a new Hispanic buyer client. Broker B just sold a handful of condos to other Hispanic buyers in the Kentwood neighborhood, so broker A suggests the new buyer might be comfortable in that neighborhood.
C. A broker informs a potential seller that there is an influx of immigrants snatching up rentals in the neighborhood, so this would be a good time to sell.
D. A landlord receives a rental application from a prospective tenant, who came from Russia a few years ago to attend the local university. The lender denies the rental application after asking for the prospective tenant's visa and determines that it expires in 3 months.

Question 2

Limiting the neighborhoods in which a licensee shows houses because of a buyer's race is:

A. steering
B. blockbusting
C. puffing
D. redlining

Question 3

Written offers to purchase real estate in New Jersey must be presented to sellers within:

A. 5 days
B. 24 hours
C. 48 hours
D. 3 days

Question 4

A buyer's agent is NOT permitted to tell a buyer that:

A. the property was the scene of a serious crime
B. a former occupant of a property had AIDS
C. the seller is willing to accept less than the listing price because of financial circumstances
D. the roof leaked recently but was patched by the owner

Question 5

Which of the following statements would most likely be considered mere "puffing"?

A. This lot has the most beautiful view of the lake.
B. The utility costs in this home are lower than in any other home in the neighborhood.
C. Children from this neighborhood have the highest SAT scores.
D. This area is expected to increase in value by 25% within the next year.

Solutions: