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Real Estate New-Jersey-Real-Estate-Salesperson Exam Syllabus Topics:

Section

Weight

Objectives

Topic 1: New Jersey State Portion (30 questions)

27%

- New Jersey License Law

1. Disciplinary procedures
2. License types and categories
3. License requirements and qualifications
4. Continuing education requirements

- New Jersey-Specific Practices

1. New Jersey landlord-tenant law basics
2. State-specific contracts and forms
3. Agency relationships in NJ
4. Brokerage arrangements

- New Jersey Real Estate Commission Rules

1. Commission regulations
2. Advertising rules
3. Transaction requirements
4. Office and supervisory requirements

Topic 2: National Portion (80 questions)

73%

- Calculations

1. ROI and capitalization rates
2. Proration calculations
3. Commission calculations
4. Interest and amortization

- Contracts and Agreements

1. Lease agreements
2. Contract contingencies
3. Breach of contract remedies
4. Purchase and sale contracts

- Property Transfer and Disclosure

1. Disclosure requirements
2. Listing agreements
3. Federal fair housing laws
4. Deeds and title transfer

- Practice and Ethics

1. Licensee responsibilities
2. Fiduciary duties
3. Trust account requirements
4. Code of ethics

- Real Property Ownership and Land Use

1. Types of ownership
2. Zoning and land use regulations
3. Property rights and interests
4. Encumbrances and liens

- Finance and Lending

1. Financing types and products
2. Foreclosure processes
3. Loan application and approval
4. Mortgage calculations

Real Estate New Jersey Real Estate Salesperson Sample Questions:

Question #1

To avoid triggering full disclosure under TILA when advertising financing availability on a listed property, which of the following statements must a real estate licensee avoid using?

A. FHA and VA financing available
B. owner willing to finance
C. buy for less than $650 per month
D. assumable loan

Reveal Solution Discussion 0

Correct Answer: C 🗳️