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.
Questão 3
Questão
A real estate license is valid for
Responda
six months.
one year.
two years
life
Questão 4
Questão
According to the law, to obtain a salesperson’s license one must reach the age of
Responda
18
19
20
21
Questão 5
Questão
A broker must have completed how many hours of study beyond the original salesperson’s course?
Responda
30
75
150
165
Questão 6
Questão
The prelicense course must be taken over if the student does not apply for a license within
Responda
6 months
2 years
1 year
an unlimited amount of time
Questão 7
Questão
A nonresident broker requesting a New Jersey license must
Responda
Post a bond
Agree to be sued in NJ
Open an office in the state
Have a licensed NJ Broker as a sponsor
Questão 8
Questão
An honorably discharged war veteran with a service-connected wound or disability may
Responda
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.
Questão 9
Questão
The Real Estate Commission has how many members?
Responda
3
5
8
10
Questão 10
Questão
Continuing education courses must be taken
Responda
By all licensees
for an initial broker's license
within a year after license renewal
in every 2-year period
Questão 11
Questão
Which of the following are NEVER allowed to sell real estate without a license?
Responda
Banks
Insurance Brokers
Attorneys
Owners
Questão 12
Questão
If a principal broker dies, associated salespersons should promptly
Responda
change their affiliation to another firm.
have one of their members apply for a temporary broker’s license.
move the office to another location.
obtain broker's licenses
Questão 13
Questão
The Guaranty Fund is funded by
Responda
fines paid by brokers who violate license law.
a 1% tax on real estate sales over $500,000.
fees paid at first-license application.
real property taxes.
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