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NJ Real Estate Exam 2025 Complete Questions And Verified Answers/ Complete Solutions With Rationales |Get It 100% Accurate!! Already graded A+ $22.99
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NJ Real Estate Exam 2025 Complete Questions And Verified Answers/ Complete Solutions With Rationales |Get It 100% Accurate!! Already graded A+

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  • NJ Real Estate
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  • NJ Real Estate

NJ Real Estate Exam 2025 Complete Questions And Verified Answers/ Complete Solutions With Rationales |Get It 100% Accurate!! Already graded A+

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  • December 28, 2024
  • 27
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • NJ Real Estate
  • NJ Real Estate
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CodedNurse
12/28/24, 8:33 AM NJ Real Estate Exam 2025 Complete Questions And Verified Answers/ Complete Solutions With Rationales |Get It 100% Acc…




NJ Real Estate Exam 2025 Complete Questions
And Verified Answers/ Complete Solutions With
Rationales |Get It 100% Accurate!! Already
graded A+


Practice questions for this set


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Studied 7 terms


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Terms in this set (69)


If a broker is expecting to d
receive 6% commission
on a sale of $250,000
house, what will the
commission be?


a) $750
b) $1,500
c) $7,500
d) $15,000




https://quizlet.com/988541337/nj-real-estate-exam-2025-complete-questions-and-verified-answers-complete-solutions-with-rationales-get-it-100-… 1/27

,12/28/24, 8:33 AM NJ Real Estate Exam 2025 Complete Questions And Verified Answers/ Complete Solutions With Rationales |Get It 100% Acc…

A lot measuring 240' by d
400' is selling for $400 a
front foot. What is the
price?


a) $1,600
b) $16,000
c) $72,000
d) $96,000

If the frontage of a half b
acre lot is 100 feet, how
deep is it?


a) 154 ft
b) 218 ft
c) 248 ft
d) 436 ft

An acre is how many 43,560
Sqft?

Which fact or facts is d
(are) TRUE concerning
the DVA loan?


a) a DVA loan cannot be
assumed
b) DVA loans made after
March
1,1998 are freely
assumable
c) the veteran must be
careful how she/he uses
up eligibility
d) the DVA fixes the rate
of interest charged by
the lender




https://quizlet.com/988541337/nj-real-estate-exam-2025-complete-questions-and-verified-answers-complete-solutions-with-rationales-get-it-100-… 2/27

, 12/28/24, 8:33 AM NJ Real Estate Exam 2025 Complete Questions And Verified Answers/ Complete Solutions With Rationales |Get It 100% Acc…

Selling price: $325,000, b
20% down and 2 points
plus $2,000 closing fees.
What is the total cash
required to close?


a) 71,500
b) 72,200
c) 73,500
d) 75,600

Which of the following is c
NOT characteristic of a
DVA loan?


a) loan is guaranteed
b) owner occupied
c) loan is insured
d) little or no down
payment

If a lender charges 2 b
points on a $60,000 loan,
how much does the
lender get?


a) 120
b) 1,200
c) 2,400
d) none of the above

A broker establishes a YES
company policy of
charging no less than 6%
commission, is this legal?

Money in a trust account, a
Broker must?


a) keep accurate records
b) may withdraw
commission amount

https://quizlet.com/988541337/nj-real-estate-exam-2025-complete-questions-and-verified-answers-complete-solutions-with-rationales-get-it-100-… 3/27

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