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According to New Jersey License Law, A licensee d. disclose in the contract of sale that the seller holds a New Jersey
Real who wants to sell property that the licensee owns Estate license
MUST?
a) list the same property eith another licensee
in the same office
b) disclose the ownership interest in
any advertisement of the property
c) disclose the ownership interest in any
notice submitted on the listing to the MLS
d) disclose in the contract of sale that the
seller holds a New Jersey Real Estate
license
With respect to the Mount Laurel requirements, c. lower and moderate since people may not be excluded from New
Which of the following statements is correct? Jersey municipalities by zoning ordinances
a) It is unlawful for a landlord to refuse to rent to
a couple because they have children under the
age of 14
b) under certain circumstances, a tenant has the
right to have a repair made and deduct the
cost from the repair from the rent
c) lower and moderate since people may not be
excluded from New Jersey municipalities by
zoning ordinances
d) minority prospects may not be directed
to minority populated communities without
being offered opportunities in other areas in
that price range
In New Jersey, the realty transfer fee appears on a. debit to the
seller the closing statement as:
a.debit to the seller
b.debit to the buyer
c. credit to the seller
d. credit to the buyer
A residential developer desires to limit all c. petition for a zoning change
construction in a subdivision to single family
houses of at least 3,000 square feet. Which of
the following is the BEST way for the
developer to
ensure this will take place
a.have an architectural review committee
approve building plans
b. establish a homeowners association
c. Petition for a zoning change
d. create deed restrictions