Final Test Practice for New Jersey Real Estate Test | 55 Questions with 100% Correct Answers | Updated & Verified

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Who appoints the 8 members of the New Jersey Real Estate Commission? - ✔✔Governor Who makes the payments to a claimant from the Guaranty Fund? - ✔✔The state treasurer Agent Louis Lee is work... ing with several people from his home town in Hong Kong. They sought him out because he speaks their native language. The Chans are anxious to purchase a house before the school year starts. Agent Lee listens to their needs and tells them, "I know exactly where you will be comfortable". Has agent Lee committed any violation? - ✔✔For Steering Beth decides she wants to change brokers. How long does her broker have to return her license? - ✔✔5 days after her request Agent Mike Brown is representing both buyer and seller in the same transaction. Since the contract was signed by all parties, did Mike have any other obligation? - ✔✔Obtain written consent of principals [Show More]

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