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NEW JERSEY REAL ESTATE SALESPERSON EXAM PRACTICE QUESTIONS AND CORRECT ANSWER WITH EXPLANATION LATEST

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NEW JERSEY REAL ESTATE SALESPERSON EXAM PRACTICE QUESTIONS AND CORRECT ANSWER WITH EXPLANATION LATEST

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NEW JERSEY REAL ESTATE SALESPERSON EXAM
PRACTICE QUESTIONS AND CORRECT ANSWER WITH
EXPLANATION LATEST 2025-2026

1. The New Jersey Real Estate Commission regulates:

A. Property taxes
B. Real estate licensing and enforcement
C. Mortgage insurance
D. Home inspections
Answer: B
Rationale: The New Jersey Real Estate Commission oversees licensing and professional conduct.



2. A New Jersey real estate salesperson must work under a:

A. Contractor
B. Licensed broker
C. Attorney
D. Appraiser
Answer: B
Rationale: Salespersons are required to work under broker supervision.



3. Real property includes:

A. Furniture
B. Land and attached improvements
C. Vehicles
D. Jewelry
Answer: B
Rationale: Real property includes land and fixtures.



4. Personal property is also called:

,A. Fixtures
B. Chattels
C. Easements
D. Estates
Answer: B
Rationale: Chattels are movable personal property.



5. A fixture is:

A. Temporary property
B. Property permanently attached to land
C. A lease agreement
D. Insurance coverage
Answer: B
Rationale: Fixtures become part of the real estate.



6. The Statute of Frauds requires real estate contracts to be:

A. Verbal
B. Written
C. Implied
D. Optional
Answer: B
Rationale: Real estate contracts must be written to be enforceable.



7. Fiduciary duties include:

A. Loyalty
B. Tax filing
C. Appraisal
D. Lending
Answer: A
Rationale: Agents owe loyalty to their clients.



8. Which is NOT a fiduciary duty?

, A. Accounting
B. Confidentiality
C. Advertising
D. Obedience
Answer: C
Rationale: Advertising is not a fiduciary duty.



9. The Fair Housing Act prohibits discrimination based on:

A. Occupation
B. Protected classes
C. Education
D. Credit score
Answer: B
Rationale: Federal law protects individuals from discrimination.



10. Steering refers to:

A. Loan counseling
B. Directing buyers based on protected class
C. Property appraisal
D. Conducting inspections
Answer: B
Rationale: Steering is an illegal discriminatory practice.



11. Blockbusting involves:

A. Remodeling homes
B. Encouraging panic selling due to demographic changes
C. Loan servicing
D. Home inspections
Answer: B
Rationale: Blockbusting violates fair housing laws.



12. A deed transfers:

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