New jersey property - Study guides, Class notes & Summaries

When a land owner uses his land as security for a loan, the encumbrances created is called ? - Answer : Mortgage lien If an owner wants to list a property for sale "as is" the listing agent should - Answer : Question the seller to any known defects According to the New Jersey real estate timeshare act, if a licensee is selling a timeshare located within the state of New Jersey all of the following are true EXCEPT that the ? - Answer : Licensee must hold a timeshare license Can a New Jer...

When a land owner uses his land as security for a loan, the encumbrances created is called ? - Answer : Mortgage lien If an owner wants to list a property for sale "as is" the listing agent should - Answer : Question the seller to any known defects According to the New Jersey real estate timeshare act, if a licensee is selling a timeshare located within the state of New Jersey all of the following are true EXCEPT that the ? - Answer : Licensee must hold a timeshare license Can a New Jer...

NJ Property Producer License Questions and Answers Rated A+ A "certification of license status" report can be run on any currently licensed New Jersey producer, but can only contain information on formal disciplinary actions taken within the past 4 Years What is not an additional cause of loss in broad form commercial property policies Replacement Cost An installation floater is used to insure Appliances intended to become a permanent part of the building. The list of lines of...

NJ Core Applicator Test Questions and Answers Already Passed Applicators of all pesticides or their supervisors must have state certification.T/F True Pesticide applicators may be classified as private applicators if they apply pesticides a) only on their own property b)to produce agricultural commodities primarily on the property of other people c) to produce agricultural commodities on their own property d) on the property of others for hire and their own property c) to produce ...

Bail - Correct Answer-a security depost that guarantees the appearance of a defendant in court for trail, forgeited if the defendant fails to appear for trail; also the act of delivering goods to another to be helf in trust for a special purpose bailee - Correct Answer-a person one who has care, custody, or control of another's property, usually for repair, cleaning, processing, storage, ro service bailee's customer policy - Correct Answer-this provides coverage for loss of or damage to ...

NJ Core Applicator Test| 190 questions| with complete solutions Applicators of all pesticides or their supervisors must have state certification.T/F correct answer: True Pesticide applicators may be classified as pr ivate applicators if they apply pesticides a) only on their own property b)to produce agricultural commodities primarily on the property of other people c) to produce agricultural commodities on their own property d) on the property of others for hire and their own property correct ...

Applicators ofall pesticides or their supervisors must have state certification. True or false. correct answer: True Pesticide applicators may be classified as private applicators if they apply pesticides- correct answer: To produce agricultural commodities on their own property Pesticides inthe restricted-use category can be used by the general public without certification if recommended by a state agency. True of false. correct answer: False Ifa commercial applicator wishes to appl...

When a land owner uses his land as security for a loan, the encumbrance created is called. - C. an involuntary lien If an owner wants to list a property for sale "as is," the listing agent should - C. Question the seller to any known defects According to the New Jersey Real Estate Time Share Act, if a licensee is selling a timeshare located within the state of New Jersey, all of the following are true EXCEPT that the - A. licensee must hold a timeshare license May a New Jersey real estate l...

Bail - Answer- a security depost that guarantees the appearance of a defendant in court for trail, forgeited if the defendant fails to appear for trail; also the act of delivering goods to another to be helf in trust for a special purpose bailee - Answer- a person one who has care, custody, or control of another's property, usually for repair, cleaning, processing, storage, ro service bailee's customer policy - Answer- this provides coverage for loss of or damage to property of others th...

NJ Real Estate Exam Questions According to New Jersey License Law, A licensee who wants to sell property that the licensee owns MUST? a) list the same property with another licensee in the same office b) disclose the ownership interest in any advertisement of the property c) disclose the ownership interest in any notice submitted on the listing to the MLS d) disclose in the contract of sale that the seller holds a New Jersey Real Estate license d. disclose in the contract of sale that th...