A broker who mixes or combines money or other property of her principal or other
party to the transaction, with her own, is guilty of:
usury
commingling
segregation
redlining
Give this one a try later!
commingling
Which of the following advertisements by a broker would NOT be prohibited by the
NJ Law Against Discrimination?
,Near St. Peters R.C. Church
Men only
All nationalities welcome
Near public and private schools
Give this one a try later!
Near public and private schools
When an advertisement contains the legend, "Each office independently owned and
operated" , it usually means that:
the office does not come under Real Estate Commission rule.
the company has more than one location
each office has it's own branch office manager.
the company is part of a franchise.
Give this one a try later!
the company is part of a franchise.
The required statement regarding a seller's right to negotiate a commission or fee
with the listing broker applies to:
all listings
,all residential listings
listings of 1 to 4 family dwellings
listings for more than 90 days
Give this one a try later!
listings of 1 to 4 family dwellings
Action Agency Inc. maintains a trust account as required by New Jersey Real Estate
Commission regulations. Which one of the following may not be a signatory on that
account?
The broker of record
The unlicensed bookkeeper
A broker-salesperson licensed with the company
A salesperson licensed with the company
Give this one a try later!
The unlicensed bookkeeper
Alex is licensed as a salesperson on both New Jersey and New York. Formal
disciplinary action has been started by the New York State Board of Real Estate in
connection with a real estate transaction he was recently involved with. Alex recalls
from his real estate class that he must notify the New Jersey Real Estate Commission if
this type of action is initiated in another state. He does not remember how quickly he
needs to notify them. Can you help him?
, Within 10 days
Within 15 days
Within 30 days
Within 60 days
Give this one a try later!
Within 30 days
Jordan has received an offer to purchase a property she has recently listed for sale.
How long does she have to present this offer to the seller assuming she has not
received any special instructions from the seller regarding the presentation of offers?
24 hours
36 hours
48 hours
72 hours
Give this one a try later!
24 hours
When a real estate office advertises, the Real Estate Commission wants the public to
know that the company is in the brokerage business. Which of the following business
names would satisfy this requirement?
American Dream Realty
party to the transaction, with her own, is guilty of:
usury
commingling
segregation
redlining
Give this one a try later!
commingling
Which of the following advertisements by a broker would NOT be prohibited by the
NJ Law Against Discrimination?
,Near St. Peters R.C. Church
Men only
All nationalities welcome
Near public and private schools
Give this one a try later!
Near public and private schools
When an advertisement contains the legend, "Each office independently owned and
operated" , it usually means that:
the office does not come under Real Estate Commission rule.
the company has more than one location
each office has it's own branch office manager.
the company is part of a franchise.
Give this one a try later!
the company is part of a franchise.
The required statement regarding a seller's right to negotiate a commission or fee
with the listing broker applies to:
all listings
,all residential listings
listings of 1 to 4 family dwellings
listings for more than 90 days
Give this one a try later!
listings of 1 to 4 family dwellings
Action Agency Inc. maintains a trust account as required by New Jersey Real Estate
Commission regulations. Which one of the following may not be a signatory on that
account?
The broker of record
The unlicensed bookkeeper
A broker-salesperson licensed with the company
A salesperson licensed with the company
Give this one a try later!
The unlicensed bookkeeper
Alex is licensed as a salesperson on both New Jersey and New York. Formal
disciplinary action has been started by the New York State Board of Real Estate in
connection with a real estate transaction he was recently involved with. Alex recalls
from his real estate class that he must notify the New Jersey Real Estate Commission if
this type of action is initiated in another state. He does not remember how quickly he
needs to notify them. Can you help him?
, Within 10 days
Within 15 days
Within 30 days
Within 60 days
Give this one a try later!
Within 30 days
Jordan has received an offer to purchase a property she has recently listed for sale.
How long does she have to present this offer to the seller assuming she has not
received any special instructions from the seller regarding the presentation of offers?
24 hours
36 hours
48 hours
72 hours
Give this one a try later!
24 hours
When a real estate office advertises, the Real Estate Commission wants the public to
know that the company is in the brokerage business. Which of the following business
names would satisfy this requirement?
American Dream Realty
