NEW JERSEY REAL ESTATE EXAM QUESTIONS WITH
CORRECT ANSWERS LATEST UPDATE 2026
New Jersey's real estate license law is known as:
a. the Statute of Frauds
b. Title VII
c. Title 45
d. the Law of Agency -ANSWER-c. Title 45
A New Jersey resident does NOT need a license to:
a. help a neighbor sell his or her house in return for a used car
b. negotiate the purchase of vacant land on behalf of a developer in return for one lot
c. draw up a binding lease for a new tenant in a property the resident owns
d. charge a fee for selling someone else's pizza business, including name, ovens, truck, and
small building -ANSWER-c. draw up a binding lease for a new tenant in a property the
resident owns
A real estate license is valid for:
a. six months
b. one year
c. two years
d. life -ANSWER-c. two years
According to the law, to obtain a salesperson's license one must reach the age of:
a. 18
b. 19
c. 20
d. 21 -ANSWER-a. 18
, A broker must have completed how many hours of study beyond the original salesperson's
course?
a. 30
b. 75
c. 150
d. 165 -ANSWER-c. 150
The pre-license course must be taken over if the student does not apply for a license within:
a. six months
b. two years
c. one year
d. an unlimited amount of time -ANSWER-c. one year
A nonresident broker requesting a New Jersey license must:
a. post a bond
b. agree to be sued in New Jersey
c. open an office in the state
d. have a licensed New Jersey broker as a sponsor -ANSWER-b. agree to be sued in New
Jersey
An honorably discharged war veteran with a service-connected wound or disability may:
a. sell real estate and charge commissions without holding a real estate license
b. be exempt from payment of license fees
c. obtain a license even if younger than 18
d. be excused from taking the state licensing examination -ANSWER-b. be exempt from
payment of license fees
If a principal broker dies, associated salespersons should promptly:
CORRECT ANSWERS LATEST UPDATE 2026
New Jersey's real estate license law is known as:
a. the Statute of Frauds
b. Title VII
c. Title 45
d. the Law of Agency -ANSWER-c. Title 45
A New Jersey resident does NOT need a license to:
a. help a neighbor sell his or her house in return for a used car
b. negotiate the purchase of vacant land on behalf of a developer in return for one lot
c. draw up a binding lease for a new tenant in a property the resident owns
d. charge a fee for selling someone else's pizza business, including name, ovens, truck, and
small building -ANSWER-c. draw up a binding lease for a new tenant in a property the
resident owns
A real estate license is valid for:
a. six months
b. one year
c. two years
d. life -ANSWER-c. two years
According to the law, to obtain a salesperson's license one must reach the age of:
a. 18
b. 19
c. 20
d. 21 -ANSWER-a. 18
, A broker must have completed how many hours of study beyond the original salesperson's
course?
a. 30
b. 75
c. 150
d. 165 -ANSWER-c. 150
The pre-license course must be taken over if the student does not apply for a license within:
a. six months
b. two years
c. one year
d. an unlimited amount of time -ANSWER-c. one year
A nonresident broker requesting a New Jersey license must:
a. post a bond
b. agree to be sued in New Jersey
c. open an office in the state
d. have a licensed New Jersey broker as a sponsor -ANSWER-b. agree to be sued in New
Jersey
An honorably discharged war veteran with a service-connected wound or disability may:
a. sell real estate and charge commissions without holding a real estate license
b. be exempt from payment of license fees
c. obtain a license even if younger than 18
d. be excused from taking the state licensing examination -ANSWER-b. be exempt from
payment of license fees
If a principal broker dies, associated salespersons should promptly:
