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New-Jersey-Real-Estate-Salesperson Braindumps Downloads - New-Jersey-Real-Estate-Salesperson Test Preparation

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Real Estate New Jersey Real Estate Salesperson Exam Sample Questions (Q100-Q105):

NEW QUESTION # 100
Which of the following statements would most likely be considered mere "puffing"?

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

Answer: A

Explanation:
Puffing = exaggeration or subjective opinion that no reasonable person would take as fact (e.g., "most beautiful view").
Statements of fact (e.g., predicted appreciation %, test scores, or utility costs) could be misrepresentation if untrue.
Thus, "This lot has the most beautiful view of the lake" = puffing.
Correct answer = B.
Reference: NJ Real Estate Salesperson Study Guide, Chapter on Ethics and Misrepresentation.

NEW QUESTION # 101
Which of the following is a permitted free offering?

A. A free dinner for attendees at a homebuyers' evening seminar
B. A complimentary home warranty with every listing
C. Free use of a local moving van for all listings
D. A coupon for discounted commission on listing services

Answer: A

Explanation:
According to NJREC rules on inducements (N.J.A.C. 11:5-6.4):
Free offers to the general public (e.g., a dinner seminar or educational event) are permissible because they are not conditioned upon listing or buying.
Inducements like "home warranty with every listing," "discounted commissions," or "moving vans for clients only" are contingent on brokerage activity and are prohibited.
Thus, the permitted free offering is C.
Reference: NJREC Rules and Regulations, N.J.A.C. 11:5-6.4; NJ Real Estate Salesperson Study Guide, Chapter on Advertising and Inducements.

NEW QUESTION # 102
The best way to research the previous owners of the property would be to research the:

A. chain of title
B. lien records
C. abstract
D. grantor

Answer: A

Explanation:
The chain of title is the recorded history of property ownership from one owner to the next. It is the most reliable way to determine prior ownership.
Lien records show financial claims but not ownership sequence.
An abstract of title summarizes the chain of title and liens but is not the original source.
Grantor indexes are tools used in researching title but do not themselves provide the full sequence.
Thus, the best method is the chain of title.
Reference: NJ Real Estate Salesperson Study Guide, Chapter on Title Records and Transfer of Ownership.

NEW QUESTION # 103
A broker may legally refuse to accept a listing:

A. only if the owner's instructions are illegal.
B. only if the seller cannot give clear title to the property.
C. under no circumstances; all owners are entitled to professional representation in the sale of their property.
D. at any time, for any legitimate reason.

Answer: D

Explanation:
A broker is not obligated to accept every listing.
A broker may refuse listings for legitimate reasons (e.g., property is overpriced, owner is uncooperative, outside area of expertise).
The only prohibition is that brokers cannot refuse a listing for discriminatory reasons in violation of fair housing laws.
Correct answer = A.
Reference: NJ Real Estate Salesperson Study Guide, Chapter on Agency Agreements and Fiduciary Duties.

NEW QUESTION # 104
When MUST a listing broker provide a copy of a fully executed written listing agreement to the owner?

A. Within three days of execution of the listing agreement by registered mail, return-receipt-requested
B. At the time of presentation of a written offer
C. Upon execution of the listing agreement by all parties
D. Within five business days of execution of the listing agreement

Answer: C

Explanation:
According to N.J.A.C. 11:5-6.9, every party signing a real estate listing agreement must receive a duplicate original immediately upon execution.
The copy must be delivered at the time of signing, not later.
This ensures transparency and protects both the seller and the broker.
Therefore, the correct answer is A.
Reference: NJREC Rules and Regulations, N.J.A.C. 11:5-6.9; NJ Real Estate Salesperson Study Guide, Chapter on Listing Agreements.

NEW QUESTION # 105
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