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20 Cards in this Set
- Front
- Back
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new jersey's real estate license lawn is known as
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title 45
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a new jersey resident does not need a license to
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draw up a binding lease for a new tenant in a property the residents owns.
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a real estate license is valid for
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two years
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according to the law, to obtain a salesperson's license one must reach the age of
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18
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a broker must have completed how many hours of study beyond the original salespersons course
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150
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the prelicense course must be taken over if the student does not apply for a license within
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one year
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a nonresident broker requesting a new jersey license must
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agree to be sued in NJ
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an honorably discharged war veteran with a service connected wound or disability may
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be exempted from payment of license fees
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if a princliple broker dies, associted salespersons should promptly
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have one of their members apply for a temporary broker's license
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the real estate commission has how many members
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8
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a real estate salesperson received his or her own
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pocket identification card
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which of the following are never allowed to sell real estate without a license
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insurance brokers
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the guaranty fund is supported by
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fees paod at first license application
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real estate brokers may need special registration when selling some
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out-of-state properties
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rental referral agencies must
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furnish prospective tenants with a written contract
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terry, an unlicensed assistant, is asked over the phone "how many bedrooms are there in that house at 78 oak street?" terry is allowed to
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give no answer to the questions about the property
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new jersey requires the broker who sells out-of-state subdivided lands to
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register with the state
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in new jersey, the buyer who purchases out-of-state subdivided land may cancel the contract for no reason within
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seven calendar days
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a developer advertises properties for sale in vermont to new jersey residents. the advertisements are all in french. any additional forms, contracts, or other materials that are made available to prospective purchasers must be in
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french
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an apartment is listed with a rental referral agency, but its not actively advertised to the public. how frequently must the agency check the apartments availability
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every three days
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