NJ REAL ESTATE PRACTICE TEST 2026
QUESTIONS AND CORRECT ANSWERS
GRADED A+
◉ Broker Salesperson. Answer: fully qualified broker who remains
under another brokers's supervision
◉ Bureau of Subdivided Land Sales Control. Answer: State agency that
approves and registers some out -of-state property
◉ Continuing education. Answer: classes required for license renewal
◉ Guaranty Fund. Answer: Reimburses people defrauded or badly
served by licensees in real estate transactions
◉ New Jersey Real Estate Commission. Answer: Administrator of real
estate licenses
◉ Real Estate License Act. Answer: law governing the practice of real
estate in New Jersey
◉ Real Estate Sales Full Disclosure Act. Answer: regulations covering
out-of-state properties sold in New Jersey
QUESTIONS AND CORRECT ANSWERS
GRADED A+
◉ Broker Salesperson. Answer: fully qualified broker who remains
under another brokers's supervision
◉ Bureau of Subdivided Land Sales Control. Answer: State agency that
approves and registers some out -of-state property
◉ Continuing education. Answer: classes required for license renewal
◉ Guaranty Fund. Answer: Reimburses people defrauded or badly
served by licensees in real estate transactions
◉ New Jersey Real Estate Commission. Answer: Administrator of real
estate licenses
◉ Real Estate License Act. Answer: law governing the practice of real
estate in New Jersey
◉ Real Estate Sales Full Disclosure Act. Answer: regulations covering
out-of-state properties sold in New Jersey