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Real Estate New Jersey Real Estate Salesperson Sample Questions:
1. Evergreen bushes and apple trees on a property that were planted by the current owner are examples of:
A) trade fixtures
B) chattels
C) personal property
D) real estate
2. Which of the following statements about branch offices is INCORRECT?
A) The employing broker is ultimately responsible for all licensees employed at the branch office.
B) Two salespersons may be designated to share supervising responsibilities.
C) The name of the branch office supervisor must be recorded with the commission.
D) A licensed broker-salesperson must supervise the office on a full-time basis.
3. When MUST a listing broker provide a copy of a fully executed written listing agreement to the owner?
A) Upon execution of the listing agreement by all parties
B) At the time of presentation of a written offer
C) Within three days of execution of the listing agreement by registered mail, return-receipt-requested
D) Within five business days of execution of the listing agreement
4. A buyer who is purchasing a property intends to build a chain link fence in the backyard. There is a 12-year- old deed restriction that prohibits chain link fences. The licensee finds out that there are no city codes prohibiting chain link fences. Which of the following statements regarding this situation is true?
A) Deed restrictions always take priority over city codes.
B) This deed restriction is more restrictive and will, therefore, take precedence.
C) City code always takes priority over deed restrictions.
D) This city code takes priority because deed restrictions expire 10 years after a subdivision is developed.
5. Broker P is the sole proprietor of XYZ Realty. P employs five salespersons, all of whom have been practicing real estate for at least two years. Under the license law, if P should die, which of the following actions can be taken?
A) A salesperson holding a real estate license for at least three years can apply for a temporary broker's license in order to continue the firm's activity.
B) All sales contracts can be declared null and void and all salespersons will lose their licenses until establishing employment with another broker.
C) The most experienced salesperson can act as broker for a maximum of six months until a permanent replacement broker is licensed.
D) The Real Estate Commission can direct an experienced broker with another firm to conclude all pending business.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: A |


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