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[General] New-Jersey-Real-Estate-Salesperson Latest Exam Practice, New-Jersey-Real-Estate-

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【General】 New-Jersey-Real-Estate-Salesperson Latest Exam Practice, New-Jersey-Real-Estate-

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Real Estate New Jersey Real Estate Salesperson Exam Sample Questions (Q51-Q56):NEW QUESTION # 51
Limiting the neighborhoods in which a licensee shows houses because of a buyer's race is:
  • A. blockbusting
  • B. puffing
  • C. redlining
  • D. steering
Answer: D
Explanation:
Steering = Directing or discouraging buyers from certain neighborhoods based on race, religion, or other protected classes. This violates the Federal Fair Housing Act.
Blockbusting = Inducing owners to sell by suggesting a protected class moving into the neighborhood will lower values.
Redlining = Refusing loans or insurance in certain neighborhoods.
Puffing = Exaggerated sales talk, not discriminatory.
Therefore, the action described = steering.
Reference: Federal Fair Housing Act (1968, as amended); NJ Real Estate Salesperson Study Guide, Chapter on Fair Housing Practices.

NEW QUESTION # 52
New Jersey Real Estate Commission regulations require a licensee to terminate membership in a real estate board or multiple listing service whenever the organization:
  • A. suggests uniform commission rates among all member brokers
  • B. advocates rules, practices, and/or standards with which the licensee does not agree
  • C. lobbies against legislation that the licensee personally favors
  • D. charges dues that the licensee feels are excessive
Answer: A
Explanation:
The NJ Real Estate Commission prohibits price-fixing or collusion regarding commission rates. If a real estate board, trade association, or MLS suggests or enforces uniform commission rates among member brokers, participation in such a practice would violate antitrust laws as well as NJREC regulations.
In such cases, licensees must terminate their membership immediately to avoid disciplinary action. Lobbying, dues disputes, or general disagreements with rules are not grounds for mandatory termination.
Reference: NJREC Rules and Regulations; NJ Real Estate Salesperson Study Guide, Chapter on Antitrust and Commission Rules.

NEW QUESTION # 53
The main purpose of a deed is to
  • A. record and acknowledge title transfer.
  • B. provide documentation of legal possession.
  • C. guarantee clear title.
  • D. convey title.
Answer: D
Explanation:
Per the Property Ownership & Transfer section of the NJ Real Estate Salesperson Study Guide, the primary purpose of a deed is to transfer ownership (title) from the grantor to the grantee.
* A deed does not guarantee clear title (that would require a warranty or title insurance).
* A deed is not proof of possession; possession may occur without ownership.
* Recording and acknowledgment serve notice, but the deed's legal function is the act of conveyance.
Therefore, the correct answer is A: convey title.
(Reference: NJ Real Estate Salesperson Pre-Licensure Course Study Guide, Transfer of Title-Deeds.) D). verbally inform any buyer's agent of the proposed revision.
NJ Real Estate Agent said:

NEW QUESTION # 54
A licensee faxes a list of available properties to prospective buyers. Which of the following is true?
  • A. The licensee must mail an identical list to all parties.
  • B. The licensee's company's name does not need to be listed.
  • C. The fax must contain an opt-out provision for future communications.
  • D. The licensee must include only a phone number to reply.
Answer: C
Explanation:
Under the federal Telephone Consumer Protection Act (TCPA) and Junk Fax Prevention Act:
Any unsolicited fax must include a clear opt-out provision allowing the recipient to request no further communications.
The fax must also identify the sender, including company name.
There is no requirement to mail identical lists.
Correct answer = A.
Reference: Telephone Consumer Protection Act (TCPA); Junk Fax Prevention Act; NJ Real Estate Salesperson Study Guide, Chapter on Advertising Rules.

NEW QUESTION # 55
A broker who charges or collects an advance fee in excess of $25 for services to be rendered MUST:
  • A. deduct the amount collected from the commission or settlement
  • B. give the principal receipts for all expenditures
  • C. furnish within ninety days of its collection an accounting of how the money was used
  • D. retain the difference between the amount of money collected and the amount spent
Answer: C
Explanation:
According to N.J.A.C. 11:5-6.1(j), any broker who collects an advance fee greater than $25 for services to be rendered must provide the client with a written accounting within 90 days of the collection date. This accounting must detail how the money was used and what services were performed.
This rule prevents abuse of advance fees and ensures transparency between brokers and clients. Brokers cannot simply keep advance fees without providing an itemized report.
Therefore, the correct answer is C.
Reference: NJREC Rules and Regulations, N.J.A.C. 11:5-6.1(j); NJ Real Estate Salesperson Pre-Licensure Course Guide, Chapter on Brokerage Business Practices.

NEW QUESTION # 56
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