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Real Estate New Jersey Real Estate Salesperson Sample Questions:

1. Which of the following actions is a function of a municipal planning board?

A) Creating a master plan for all the land in a particular county
B) Prescribing and controlling the development and use of all land in a municipality
C) Unilaterally approving subdivisions in a jurisdiction
D) Approving a variance for an addition to a garage on a residential property

2. A broker is offering a $100 gift certificate at a jewelry store to all sellers who list with the broker during a specified time period. According to the New Jersey Real Estate License Law, such a promotion is prohibited because it:

A) discriminates against sellers whose religion prohibits the wearing of jewelry
B) makes the receipt of the free offering contingent upon sellers listing their properties with the broker
C) offers compensation for brokerage activity to unlicensed persons
D) discriminates against sellers who do not list with the broker during the specified time period

3. Which of the following is a radioactive odorless gas which may require mitigation?

A) asbestos
B) radon
C) formaldehyde
D) carbon monoxide

4. Which of the following differentiates a bilateral contract from a unilateral contract?

A) performance obligations of the parties
B) number of parties involved
C) type of property specified in the contract
D) relative value of the object of the contract

5. What is the difference between a license to use property and an easement?

A) There must be consideration paid for a license.
B) There must be consideration paid for an easement.
C) A license can be cancelled by the issuer.
D) An easement can be cancelled by the issuer.

Solutions: