Nj real estate exam Study guides, Class notes & Summaries
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NJ Real Estate Exam Question and answers rated A+ 2023/2024
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NJ Real Estate Exam Question and answers rated A+ 2023/2024 
Title 45 - correct answer New Jersey's real estate license law is known as 
 
Draw up a binding lease for a new tenant in a property the resident owns - correct answer an unlicensed New Jersey resident may 
 
two years - correct answer a real estate license is valid for 
 
18 - correct answer according to the law, to obtain a salesperson's license one must reach the age of 
 
150 - correct answer a broker must have completed how many...
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nj real estate exam questions Question and answers 2023/2024 verified to pass
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nj real estate exam questions Question and answers 2023/2024 verified to passWhich of the following is a permitted free offering? o- 
A. A complimentary home warranty with every listing 
B. A coupon for a discounted commission on listing services 
C. A free dinner for attendees at a homebuyers' evening seminar 
D. Free use of a local moving van for all listings - correct answer C. A Free dinner for attendees at a homebuyers' evening seminar 
 
Depreciation usually applies to . 
A. the building...
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NJ real estate exam questions with complete solutions
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NJ real estate exam questions with complete solutions
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PSI NJ Real Estate Exam, PSI Practice Test Questions And Answers
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PSI NJ Real Estate Exam, PSI Practice Test Questions And Answers 
 
Water Rights - ANS The terms "littoral," "riparian," and "appropriative" refer to 
 
A salesperson lists a property with a contract that allows for subagency and dual agency. The salesperson is - ANS an agent to the broker and a subagent to the principal. 
 
Depreciation is calculated based on the - ANS Cost of the building only. 
 
When a property owner uses his home as collateral for a loan and creates a lien in f...
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NJ Real Estate Exam – Questions And Verified Answers
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NJ Real Estate Exam – Questions And Verified Answers
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NJ REAL ESTATE PRACTICE EXAM 2021 (Answers verified 100%)
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NJ REAL ESTATE PRACTICE EXAM 2021 (Answers verified 100%) 
The type of deed that warrants only that the grantor has not impaired the title 
during the term in which he held it is referred to as. 
1. Quitclaim Deed 
2. General Warranty Deed 
3. Bargain and Sale Deed 
4. Bargain and Sale Deed, CAG 
Bargain and Sale Deed, CAG 
Taxes raised to pay for improvements that benefit real estate are referred to as 
1. Special Assessments 
2. Facilities Taxes 
3. Ad Valorem Taxes 
4. Luxury Rates 
Spe...
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PSI NJ Real Estate Exam, PSI Practice Test.
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PSI NJ Real Estate Exam, PSI Practice Test. 
 
 
Water Rights - ANSWER-The terms "littoral," "riparian," and "appropriative" refer to 
 
A salesperson lists a property with a contract that allows for subagency and dual agency. The salesperson is - ANSWER-an agent to the broker and a subagent to the principal. 
 
Depreciation is calculated based on the - ANSWER-Cost of the building only. 
 
When a property owner uses his home as collateral for a loan and creates a lien in favor of the lende...
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NJ Real Estate Exam - Questions And Answers
- Exam (elaborations) • 22 pages • 2023
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NJ Real Estate Exam - Questions And Answers
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NJ REAL ESTATE PRACTICE EXAM 2024 100% correct!.
- Exam (elaborations) • 17 pages • 2024
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NJ REAL ESTATE PRACTICE EXAM 2024 100% correct!. 
 
Taxes raised to pay for improvements that benefit real estate are referred to as 
 
1. Special Assessments 
2. Facilities Taxes 
3. Ad Valorem Taxes 
4. Luxury Rates - ANSWER Special Assessments 
The type of deed that warrants only that the grantor has not impaired the title during the term in which he held it is referred to as. 
 
1. Quitclaim Deed 
2. General Warranty Deed 
3. Bargain and Sale Deed 
4. Bargain and Sale Deed, CAG - ANSWE...
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NJ Real Estate Exam 2023 with 100% correct answers
- Exam (elaborations) • 24 pages • 2023
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NJ Real Estate Exam 2023 with 100% correct answers