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New Jersey Prelicense Course Final Exam Questions and Complete Solutions Graded A+.

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New Jersey Prelicense Course Final Exam Questions and Complete Solutions Graded A+.

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August 23, 2024
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2024/2025
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New Jersey Prelicense
Course Final Exam
Questions and Complete
Solutions Graded A+

Denning [Date] [Course title]

, The real estate licensing law can be found in what chapter and title of the New Jersey Statutes
Annotated? - Answer: Title 45 Professions and Occupations Chapter 15



What is the term of office for a member of the Real Estate Commission who is NOT the government
representative? - Answer: Three years



Which is NOT. a duty with which the Real Estate Commission is tasked? - Answer: Establishing standard,
fair commission rates charged by brokers



Who appoints the members of the Real Estate Commission? - Answer: The Governor



A broker ember of the Real Estate Commission must have been a broker for at least __________ years
prior appointments - Answer: 10 years



What is the breakdown membership in the Real Estate Commission? - Answer: Five Real Estate Brokers

Two members of the public

One government representative



Who would NOT be exempt from licensing requirements under the real estate licensing law? - Answer:
Vivian, who accepts a fee from a developer for selling lots in a subdivision.



What is the experience requirement to apply for a broker license in New Jersey? - Answer: At least 40
hours per week for three years immediately preceding application



To be eligible to take the state licensing exam, an applicant for a salesperson license must complete
______ hours of pro licensing education. - Answer: 75 hours



A nonresident application for a New Jersey real estate must file a(n)_________ form with the Real
Estate Commission - Answer: Irrevocable consent to service (to be sued)



A candidate for a New Jersey broker license who is taking the state licensing exam will have completed a
total of how many hours of education? - Answer: 225 hours

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