Nj real estate commission - Study guides, Class notes & Summaries
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NJ real estate exam questions and answers 100% pass
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NJ real estate exam questions and answers 100% pass 
Which of the following is a permitted free offering? o- 
A. A complimentary home warranty with every listing 
B. A coupon for a discounted commission on listing services 
C. A free dinner for attendees at a homebuyers' evening seminar D. Free use of a local moving van for all listings C. A Free dinner for attendees at a homebuyers' evening seminar 
Depreciation usually applies to . 
A. the building only. 
B. the land only. 
C. both the land ...
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NJ Real Estate Exam Questions with Correct Answers
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NJ Real Estate Exam Questions with Correct Answers 
Branch Office - Answer-broker's additional place of business 
 
commingling - Answer-mixing broker's money with that of others 
 
duplicate original - Answer-copy of a real estate contract with original signatures 
 
probation - Answer-least severe discipline by the real estate commission 
 
A licensed salesperson is allowed to - Answer-leave one broker and affiliate with another 
 
Under some circumstances, a real estate office may be in th...
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NJ Real Estate practice Exam Questions with Correct Answers
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NJ Real Estate practice Exam Questions with Correct Answers 
 
Who must be licensed? - Answer-Anyone who takes part in a real estate transaction in NJ for another person for a fee, commission, or other valuable consideration 
 
Real Estate Commission - Answer-Composed by 8 members appointed by the governor, 5 r/e brokers who have been licensed as such for at least ten years, 2 members are chosen from the general public, and one member represents a department of the state government 
 
Classes o...
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NJ Real Estate 2024 Exam Questions with Correct Answers
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NJ Real Estate 2024 Exam Questions with Correct Answers 
Broker - Answer-is authorized to operate a real estate business, hire salespersons, and to charge the public for services. 
 
Broker-salesperson - Answer-Has fulfilled all the requirements of a broker yet chooses to work in a sales capacity for and in the name of another broker. 
 
Continuing Education - Answer-All Broker, broker-salespersons, and salespersons licensees must complete 12 hours of approved continuing education courses befor...
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NJ Real Estate Exam question n answers rated A+
- Exam (elaborations) • 38 pages • 2024
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NJ Real Estate ExamBranch Office - correct answer broker's additional place of business 
 
commingling - correct answer mixing broker's money with that of others 
 
duplicate original - correct answer copy of a real estate contract with original signatures 
 
probation - correct answer least severe discipline by the real estate commission 
 
A licensed salesperson is allowed to - correct answer leave one broker and affiliate with another 
 
Under some circumstances, a real estate office may be...
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NJ Real Estate Exam LATEST UPDATE 2023 GUARANTEED GRADE A+
- Exam (elaborations) • 21 pages • 2023
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Broker 
One who buys and sells for another for a fee. 
Broker-Salesperson 
A qualified broker who practices real estate in the position of salesperson in another broker's office 
bureau of subsidized land sales control 
regulations covering out of state properties sold in NJ 
continuing education 
12 hours required every two years, two of which must be on ethics 
NJ Real Estate Commission 
Department of Banking and Insurance. 8 members. 5 brokers for at least 10 years, two from general public a...
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NJ Real Estate Exam 2 Questions with complete solution 2023/2024
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NJ Real Estate Exam 2 Questions with complete solution 2023/2024Broker - correct answer One who buys and sells for another for a fee. 
 
Broker-Salesperson - correct answer A qualified broker who practices real estate in the position of salesperson in another broker's office 
 
bureau of subsidized land sales control - correct answer regulations covering out of state properties sold in NJ 
 
continuing education - correct answer 12 hours required every two years, two of which must be on ethics ...
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NJ Real Estate Exam Question and answers already passed 2023/2024
- Exam (elaborations) • 27 pages • 2024
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NJ Real Estate Exam Question and answers already passed 2023/2024Broker - correct answer One who buys and sells for another for a fee. 
 
Broker-Salesperson - correct answer A qualified broker who practices real estate in the position of salesperson in another broker's office 
 
bureau of subsidized land sales control - correct answer regulations covering out of state properties sold in NJ 
 
continuing education - correct answer 12 hours required every two years, two of which must be on ethics...
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NJ Real Estate Exam Questions with complete solution 2023/2024
- Exam (elaborations) • 38 pages • 2024
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NJ Real Estate Exam Questions with complete solution 2023/2024Branch Office - correct answer broker's additional place of business 
 
commingling - correct answer mixing broker's money with that of others 
 
duplicate original - correct answer copy of a real estate contract with original signatures 
 
probation - correct answer least severe discipline by the real estate commission 
 
A licensed salesperson is allowed to - correct answer leave one broker and affiliate with another 
 
Under some...
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NJ Real Estate Unit 2 Commission Rules and Regulations Question and answers correctly solved 2023/2024
- Exam (elaborations) • 8 pages • 2024
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NJ Real Estate Unit 2 Commission Rules and Regulations Question and answers correctly solved 2023/2024 
Waiver of Broker Cooperation - correct answer Form sellers must sign for an office-exclusive listing 
 
Trust Account - correct answer Another name for escrow account 
 
Suspension - correct answer Temporary lifting of a real estate license 
 
Revocation - correct answer Cancellation of a real estate license 
 
Probation - correct a
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