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Last Updated: Aug 25, 2026
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| Section | Objectives |
|---|---|
| Topic 1: Land Use Controls and Regulations | |
| Topic 2: Valuation and Market Analysis | |
| Topic 3: New Jersey Real Estate Law and Regulations | |
| Topic 4: Contracts | |
| Topic 5: Financing and Settlement | |
| Topic 6: Real Estate Practice and Disclosures | |
| Topic 7: Agency Relationships and Brokerage | |
| Topic 8: Ethics and Professional Responsibility | |
| Topic 9: Property Ownership |
1. Which of the following is a permitted free offering?
A) A complimentary home warranty with every listing
B) A coupon for 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
2. A national company desires a parcel of land which must be 4 times the size of its proposed building. If the building design includes 20,000 square feet, then which of the following minimum sized lots should be purchased?
A) 2 acres
B) 1 acre
C) 8 acres
D) 4 acres
3. A married couple is planning to purchase a house that costs $86,000. If they obtain a 60% loan and the lender charges a 2.5% loan origination fee and 0.5 discount points, what is the cost of these expenses?
A) $2,150
B) $1,548
C) $2,580
D) $1,290
4. 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 does not require ownership of real property adjacent to the property that is subject to the easement
B) easement appurtenant because it cannot run with the land
C) easement appurtenant because it cannot be extinguished by merger of the dominant and servient tenements
D) easement in gross because it allows the holder of the easement to eventually gain title to the encumbered property
5. Which of the following statements in an advertisement would be an example of non-discriminatory language under HUD's Fair Housing Advertising Guidelines?
A) female seeking female roommate
B) nice home ideal for any family with children
C) located within walking distance to a great Catholic school
D) apartment available. No pets or children allowed
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: B |
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