Real Estate New Jersey Real Estate Salesperson - New-Jersey-Real-Estate-Salesperson Exam Practice Test

A CORRECT statement about transaction brokers is that they:

Prospective buyers for a house want to operate a recycling center in their backyard. Local zoning laws do not allow this. What do they need to do first?

Limiting the neighborhoods in which a licensee shows houses because of a buyer's race is:

In commercial property leasing, listing agents should ensure that the owner complies with:

The Multiple Listing Service (MLS) board members decided that the population of each area of the city would be best served by the brokerages who have offices actually located within those areas. The board established boundaries dividing the city into six districts and voted to limit listings for each district to only those brokerages with offices within the district. Brokerages who tried to advertise beyond their own district would be prohibited from listing properties in the MLS. This action violates what Real Estate Law?

A contract is delivered to the listing broker by a cooperating broker. The listing broker makes an appointment with the owner to present the offer at 7 p.m. of that day. Before 7 p.m., two more offers arrive on the same property. Which offer should be presented to the owner at the 7 p.m. appointment?

A seller has entered into an exclusive right to sell agreement with a broker. The buyer presents the seller with an offer to purchase that is 20% less than the list price. Which of the following is appropriate?

A real estate licensee is a partial owner of a local inspection company. It is permissible for the licensee to tell all clients to use this company when: