Free Real Estate Licensing New-Jersey-Real-Estate-Salesperson Exam Questions

Become Real Estate Licensing Certified with updated New-Jersey-Real-Estate-Salesperson exam questions and correct answers

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Total 121 Questions | Updated On: Jun 17, 2026

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Question 1

A CORRECT statement about transaction brokers is that they:

A : represent both the buyer and the seller

B : represent neither the buyer nor the seller

C : are required to disclose confidential information

D : may conduct transactions without an active real estate license

Answer: B

Question 2

A broker maintains a real estate agency and terminated two salespersons. In this situation, the broker is REQUIRED to take all the following actions with regard to these two salespersons EXCEPT:

A : provide each with a written accounting of all monies due each salesperson.

B : permit them to remove original sales or listing contracts from the brokers office.

C : pay any undisputed compensation due within ten days of the broker's receipt of such funds.

D : abide by the post-termination compensation clause contained in their employment agreements or provide a written explanation for not doing so.

Answer: B

Question 3

A client is considering listing an industrially zoned 10-acre site. It has been vacant for several years, and was formerly used as an automobile junkyard. What would a responsible real estate licensee recommend the seller consider obtaining prior to putting the property on the market?

A : a radon measurement analysis

B : an environmental site assessment

C : an electromagnetic field determination

D : an air quality report from the Environmental Protection Agency

Answer: B

Question 4

Salesperson P leaves the employ of Broker A. One of the listings at Broker As firm has agreed to list with Salesperson P at the new firm. In this instance the listing file:

A : can be taken to the new firm so there is no interruption of service to the client.

B : cannot be taken because it belongs to Broker A.

C : should be turned into the MLS.

D : should be given to the seller.

Answer: B

Question 5

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

A : $1,320

B : $1,980

C : $2,640

D : $3,980

Answer: B

Page: 1 / 25

Total 121 Questions | Updated On: Jun 17, 2026

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