10 exam-style questions with answers and explanations, straight from our 1,030-question bank. Tap an answer to check yourself. When you're ready, take the scored version in the free practice test.
These 10 free NJRES questions are organized by exam domain, so you can see how each part of the New Jersey Real Estate Salesperson Exam blueprint is tested. Reveal the answer and explanation under each question.
A seller removes a wall-mounted wine refrigerator from a custom cabinet two days before closing. The contract is silent. Although the seller says it was always meant to be taken, the unit was hardwired and custom-trimmed into the cabinetry. Which classification best supports the buyer's claim?
Correct answer: B - It is a fixture under the attachment, adaptation, and intent factors
The zoning district permits single-family homes, but an unusually narrow lot cannot meet the required side-yard setback. The owner is not seeking a different use. Which relief fits the request?
Correct answer: D - A bulk or area variance for dimensional hardship
An apartment building has $132,000 in potential gross income, $8,000 in vacancy and collection loss, $4,000 in laundry income, and $44,000 in operating expenses. Annual mortgage debt service is $20,000. Using an 8% capitalization rate, what value is indicated by direct capitalization?
Correct answer: A - $1,050,000
Two days before a scheduled mortgage consummation, the creditor adds a prepayment penalty that was not shown on the Closing Disclosure. What must occur before the loan can consummate?
Correct answer: C - Issue a corrected Closing Disclosure and begin a new three-business-day waiting period
A buyer offers $610,000. The seller counters at $625,000. Before the buyer responds, the seller says, 'I accept the original $610,000 offer.' The buyer has not renewed that offer. What is the contractual result?
Correct answer: D - No contract exists because the counteroffer terminated the original offer
A seller receives a $720,000 financed offer with no appraisal contingency and a $735,000 offer contingent on the sale of the buyer's current home. After both are presented, the seller prefers the lower offer. What should the listing salesperson do?
Correct answer: A - Honor the seller's choice after confirming both offers were understood
In a New Jersey brokerage, one affiliated salesperson is designated to represent the seller and another is designated to represent the buyer. Both parties gave informed written consent. Which statement correctly describes the relationship?
Correct answer: C - Each designated agent is fiduciary only to that agent's principal; the firm is a disclosed dual agent
During negotiations, an unrepresented buyer tells a New Jersey transaction broker, without requesting confidentiality, 'I would pay up to $15,000 more.' What warning should the broker have given before receiving that information?
Correct answer: B - A transaction broker represents neither party, so the statement may be disclosed unless law or agreement requires confidentiality
At a showing in an older building, a buyer starts pulling apart frayed pipe insulation that may contain asbestos. What is the salesperson's immediate professional response?
Correct answer: D - Stop disturbing the material and recommend evaluation by a qualified asbestos professional
A landlord has a no-pets policy. An applicant whose disability is not apparent requests an assistance animal and supplies reliable information showing a disability-related need. How should the request be handled?
Correct answer: A - Evaluate it as a reasonable accommodation and do not impose a pet fee
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