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Real Estate New-Jersey-Real-Estate-Salesperson Exam Syllabus Topics:

Real Estate New Jersey Real Estate Salesperson Sample Questions:

1. Prospective buyers for a house want to operate a recycling center in their backyard. Local zoning laws do not allow this. What do they need to do first?

A) Obtain a variance or special exception.
B) Obtain a building permit.
C) File an appeal with the local court.
D) Obtain a modification to the local master plan.

2. An applicant for a real estate salesperson's license must apply for the issuance of the license within:

A) one year from the date of completion of the prelicensure education course
B) one year from the date of beginning the prelicensure education course
C) 30 days after accepting an offer of employment from a licensed real estate broker
D) one year from the date of passing the state licensing examination

3. Two real estate firms shared equally a 6% commission on the sale of a house. The listing licensee was paid
60% of the broker's share. The house was sold for $110,000. How much did the listing agent earn?

A) $1,980
B) $1,320
C) $2,640
D) $3,980

4. A ranch house with a double garage is being valued. The house next door, which is similar except that it lacks a garage and has an outside deck, was sold last month for $138,000. Experience in that area shows that a two- car garage is probably worth $10,000 to buyers, while in general, they will pay only $500 extra for a deck.
The ranch house is most likely to sell for around:

A) $148,500
B) $123,500
C) $147,500
D) $128,500

5. A property that contains a 2,500-square-foot house has a land value of $45,000. The house suffers from
$7,000 of physical depreciation and $2,500 of functional obsolescence. If the replacement cost of the house is
$75 per square foot, what is the value of the property?

A) $187,500
B) $223,000
C) $232,500
D) $178,000

Solutions: