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New-Jersey-Real-Estate-Salesperson Reliable Study Plan & Valid New-Jersey-Real-Estate-Salesperson Exam Forum

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Real Estate New Jersey Real Estate Salesperson Exam Sample Questions (Q29-Q34):

NEW QUESTION # 29
According to the New Jersey Law Against Discrimination, which of the following descriptions may be used in advertising properties in a townhome development?

A. Singles only
B. Close to synagogues and churches
C. Ethnic neighborhood
D. Senior housing

Answer: D

Explanation:
Under the New Jersey Law Against Discrimination (LAD) and HUD advertising guidelines:
Ads cannot reference religion, ethnicity, or familial status (e.g., "singles only" or "close to synagogues").
However, housing for older persons (senior housing) is a permitted exception under the Housing for Older Persons Act (HOPA).
Correct answer = D. Senior housing.
Reference: NJ Law Against Discrimination (N.J.S.A. 10:5-1 et seq.); HUD Fair Housing Advertising Guidelines.

NEW QUESTION # 30
Which of the following items would be prorated at closing with the credit going to the seller?

A. prepaid property taxes
B. unearned rent collected in advance
C. accrued interest on an assumed mortgage
D. earnest money

Answer: A

Explanation:
Prepaid items (like property taxes already paid by seller) are prorated at closing, with the buyer reimbursing the seller for the period after closing. The credit therefore goes to the seller.
Accrued interest is typically credited to the buyer (since the seller owes it).
Earnest money is applied to buyer's costs, not prorated.
Unearned rent collected in advance is credited to the buyer, since the seller must pass future rent benefit to the buyer.
Correct answer = B.
Reference: NJ Real Estate Salesperson Study Guide, Chapter on Closings and Prorations.

NEW QUESTION # 31
A public utility company is installing power lines across several counties. Will the utility company be more likely to be granted an easement appurtenant or an easement in gross?

A. easement in gross because it allows the holder of the easement to eventually gain title to the encumbered property
B. easement appurtenant because it cannot be extinguished by merger of the dominant and servient tenements
C. easement appurtenant because it cannot run with the land
D. easement in gross because it does not require ownership of real property adjacent to the property that is subject to the easement

Answer: D

Explanation:
An easement in gross benefits a person or entity, rather than another parcel of land. Unlike an easement appurtenant, which requires a dominant and servient estate (two adjoining parcels), an easement in gross does not require ownership of adjacent property.
Utility companies (electric, gas, water, sewer, cable) typically hold easements in gross, allowing them to install and maintain lines across multiple properties. The easement is granted to the utility company, not to a neighboring landowner.
Therefore, the correct answer is C.
Reference: NJ Real Estate Salesperson Pre-Licensure Course Guide, Chapter on Interests in Real Estate (Easements); NJ Property Law principles on easements.

NEW QUESTION # 32
A tenant has a commercial lease that requires that the tenant pay taxes, insurance, maintenance, and parking lot repairs. What kind of lease does the tenant have?

A. ground
B. gross
C. net
D. percentage

Answer: C

Explanation:
A net lease requires the tenant to pay some or all operating expenses, including taxes, insurance, maintenance, and sometimes repairs. Commercial leases often use this form (single, double, or triple net).
A gross lease means the landlord pays all expenses.
A ground lease is long-term land rental.
A percentage lease ties rent partly to sales volume.
This is a net lease.
Reference: NJ Real Estate Salesperson Study Guide, Chapter on Leases and Property Management.

NEW QUESTION # 33
In a jurisdiction where the common law of agency applies, a broker has listed a home and then presented to the seller an offer from another client of the broker. The offer has been accepted. The broker has what type of agency relationship with the parties?

A. no agency relationship; in this situation the broker becomes a facilitator only
B. dual agency
C. seller agency, no agency relationship with buyer
D. seller agency, buyer sub-agency

Answer: B

Explanation:
Under the common law of agency, when a broker represents both the seller and the buyer in the same transaction, the broker is acting as a dual agent.
The broker has a fiduciary duty to both parties.
This arrangement is only legal if both parties give informed, written consent.
A sub-agency relationship would apply if another agent brought the buyer as a subagent of the seller's broker, not if the buyer is directly the broker's own client.
Therefore, the correct agency type in this case is dual agency.
Reference: NJ Real Estate Salesperson Study Guide, Chapter on Agency Relationships and Disclosure; Common Law of Agency Principles.

NEW QUESTION # 34
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