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: Mar 05, 2026

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Question 1

If an owner wants to list a property for sale "as is," the listing agent should:

A : assume that the owner will accept a relatively low price for the property.

B : conclude that if the buyer later discovers defects that were not disclosed the listing agent is relieved of any responsibility.

C : question the seller as to any known defects.

D : assume that the house is a "fixer-upper."

Answer: C

Question 2

A private integrated club refused to rent one of its condos to a minority family. The club explained that it did not rent the condos to the public since the condos were for members only. Is the club in violation of the federal Fair Housing Act, and if so, how?

A : Yes, because when race is involved, no exceptions to the federal Fair Housing Act exist.

B : Yes, because the club had minority members, and therefore was not eligible for exemptions from the federal Fair Housing Act.

C : No, because as an integrated club, they could discriminate on the basis of race in renting facilities.

D : No, because a private club may restrict the rental of its own lodgings to its members as long as the lodgings are not operated commercially.

Answer: D

Question 3

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

Question 4

In commercial property leasing, listing agents should ensure that the owner complies with:

A : their fiduciary responsibilities to the tenant

B : state and federal Fair Housing laws

C : the Americans with Disabilities Act

D : market lease rates

Answer: C

Question 5

Which of the following is a radioactive odorless gas which may require mitigation?

A : radon

B : asbestos

C : formaldehyde

D : carbon monoxide

Answer: A

Page: 1 / 25

Total 121 Questions | Updated On: Mar 05, 2026

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