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Updated: Sep 05, 2025
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Real Estate New Jersey Real Estate Salesperson Sample Questions:
1. A private integrated club refused to rent one of its condos to a minority family. The club explained that it did not rent the condos to the public since the condos were for members only. Is the club in violation of the federal Fair Housing Act, and if so, how?
A) Yes, because when race is involved, no exceptions to the federal Fair Housing Act exist.
B) No, because as an integrated club, they could discriminate on the basis of race in renting facilities.
C) No, because a private club may restrict the rental of its own lodgings to its members as long as the lodgings are not operated commercially.
D) Yes, because the club had minority members, and therefore was not eligible for exemptions from the federal Fair Housing Act.
2. A deposit check from a buyer paid upon the submission of an offer may be held without being deposited into the broker's escrow account:
A) for no more than five business days after the termination of the attorney review period
B) for no more than five business days after receipt of the money
C) until negotiations are concluded and the seller has accepted the offer
D) until all inspections required by the contract have been performed
3. The local gas company has a 10-foot easement along the rear of a residential lot. This is best known as an easement:
A) by prescription
B) appurtenant
C) in gross
D) by necessity
4. A real estate licensee is a partial owner of a local inspection company. It is permissible for the licensee to tell all clients to use this company when:
A) the licensee does not know any of the other title companies in the area
B) it is in the best interest of the client
C) the client does not ask for other recommendations
D) the licensee discloses the interest in the company to the client
5. An appraisal made by a certified appraiser is required:
A) when heirs receive property.
B) when the buyer is using an FHA loan to purchase.
C) before real property can transfer from one owner to another.
D) before any property settlement in a divorce.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: D | Question # 5 Answer: B |
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