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

Section

Weight

Objectives

New Jersey State Portion (30 questions)

27%

- New Jersey License Law

1. License requirements and qualifications
2. License types and categories
3. Disciplinary procedures
4. Continuing education requirements

- New Jersey-Specific Practices

1. New Jersey landlord-tenant law basics
2. Agency relationships in NJ
3. State-specific contracts and forms
4. Brokerage arrangements

- New Jersey Real Estate Commission Rules

1. Commission regulations
2. Office and supervisory requirements
3. Advertising rules
4. Transaction requirements

National Portion (80 questions)

73%

- Property Transfer and Disclosure

1. Disclosure requirements
2. Federal fair housing laws
3. Deeds and title transfer
4. Listing agreements

- Real Property Ownership and Land Use

1. Property rights and interests
2. Zoning and land use regulations
3. Types of ownership
4. Encumbrances and liens

- Practice and Ethics

1. Licensee responsibilities
2. Code of ethics
3. Fiduciary duties
4. Trust account requirements

- Finance and Lending

1. Loan application and approval
2. Mortgage calculations
3. Financing types and products
4. Foreclosure processes

- Contracts and Agreements

1. Lease agreements
2. Contract contingencies
3. Breach of contract remedies
4. Purchase and sale contracts

- Calculations

1. Proration calculations
2. ROI and capitalization rates
3. Commission calculations
4. Interest and amortization

Real Estate New Jersey Real Estate Salesperson Sample Questions:

Question #1

A broker maintains a real estate agency and terminated two salespersons. In this situation, the broker is REQUIRED to take all the following actions with regard to these two salespersons EXCEPT:

A. permit them to remove original sales or listing contracts from the broker's office.
B. abide by the post-termination compensation clause contained in their employment agreements or provide a written explanation for not doing so.
C. provide each with a written accounting of all monies due each salesperson.
D. pay any undisputed compensation due within ten days of the broker's receipt of such funds.

Reveal Solution Discussion 0

Correct Answer: A 🗳️