PSI PA State Real Estate Practice Exam/PSI PA Real Estate Practice Exam/PA Real Estate National Exam/NJ Real Estate Exam Practice Questions/NJ Real Estate Broker s Exam/NJ Real Estate Broker s Exam/New Jersey Real Estate Exam Prep/NJ Real Estate Exam - Ti

The economic characteristics of land are - Answer- scarcity, location, and durability A major difference between freehold and nonfreehold estates is that all freehold estates - Answer- are of indeterminable duration An easement can be terminated by - Answer- merger of titles The land descri...

A subject property is an older home with four bedrooms and one bathroom. However, the surrounding neighborhood primarily consists of new construction with four bedrooms and three bathrooms. What can be said of the subject property? - Answer- The subject property is worth less because of functional o...

According to fair housing, which of these is not a protected class? A. muslim B. arab C. homosexual D. single mother - Answer- C. homosexual The front door key to a house is: A. chattel B. fixture C. improvement D. trade fixture - Answer- B. fixture The phrase "bundle of legal rig...

The right of a utility company to enter someone's property for the purpose of repairing or maintaining the utility service is called (A.) an easement in gross (B.) an easement appurtenant (C.) eminent domain (D.) a prescriptive easement - Answer- (A.) An easement in gross Mark, Linda...

Mark, a licensed broker, procures a ready, willing, and able buyer for his seller-principal. The seller accepts the buyer's offer in writing. Just before the schedule closing, the seller has a change of heart and refuses to sell. Mark - Answer- is entitle to collect a full commission A real esta...

How long from class end date to pass the School and State Exam and submit license application - Answer- 1 year How long must a Salesperson wait until they are eligible for a Broker's license - Answer- 3 years full-time Members of the Real Estate Commission Serve terms of - Answer- 3 years ...

Some one who lives outside of New Jersey can be licensed as a non resident broker if he or she A. Posts a bond of $5,000 B. Is a citizen of the United States C. Finds a New Jersey sponsor D. Consents to being sued in New Jersey - Answer- D. consents to being sued in New Jersey By the time sh...