help a neighbor sell his or her house in return for a used car.
negotiate the purchase of vacant land on behalf of a developer in return for one lot.
draw up a binding lease for a new tenant in a property the resident owns.
charge a fee for selling someone else’s pizza business, including name, ovens, truck, and small building.
negotiate the purchase of vacant land on behalf of a developer in return for one lot.
draw up a binding lease for a new tenant in a property the resident owns.
charge a fee for selling someone else’s pizza business, including name, ovens, truck, and small building.
Pregunta 3
Pregunta
A real estate license is valid for
Respuesta
six months.
one year.
two years
life
Pregunta 4
Pregunta
According to the law, to obtain a salesperson’s license one must reach the age of
Respuesta
18
19
20
21
Pregunta 5
Pregunta
A broker must have completed how many hours of study beyond the original salesperson’s course?
Respuesta
30
75
150
165
Pregunta 6
Pregunta
The prelicense course must be taken over if the student does not apply for a license within
Respuesta
6 months
2 years
1 year
an unlimited amount of time
Pregunta 7
Pregunta
A nonresident broker requesting a New Jersey license must
Respuesta
Post a bond
Agree to be sued in NJ
Open an office in the state
Have a licensed NJ Broker as a sponsor
Pregunta 8
Pregunta
An honorably discharged war veteran with a service-connected wound or disability may
Respuesta
be exempt from payment of license fees.
obtain a license even if younger than 18.
be excused from taking the state licensing examination.
sell real estate and charge commissions without holding a real estate license.
Pregunta 9
Pregunta
The Real Estate Commission has how many members?
Respuesta
3
5
8
10
Pregunta 10
Pregunta
Continuing education courses must be taken
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By all licensees
for an initial broker's license
within a year after license renewal
in every 2-year period
Pregunta 11
Pregunta
Which of the following are NEVER allowed to sell real estate without a license?
Respuesta
Banks
Insurance Brokers
Attorneys
Owners
Pregunta 12
Pregunta
If a principal broker dies, associated salespersons should promptly
Respuesta
change their affiliation to another firm.
have one of their members apply for a temporary broker’s license.