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Real Estate New Jersey Real Estate Salesperson Exam Sample Questions (Q70-Q75):

NEW QUESTION # 70
A real estate broker's maintained place of business MUST conspicuously display on the exterior the broker's name and the word(s):

A. Licensed Real Estate Broker
B. Licensed Realtor
C. Real Estate Broker
D. Realtor

Answer: A

Explanation:
According to N.J.A.C. 11:5-6.1, every broker's main office must have a sign on the exterior that is visible to the public. The sign must display the broker's name and the exact words "Licensed Real Estate Broker." This is a mandatory requirement to ensure public identification of licensed brokerage offices.
Using terms like "Realtor" is optional and only permitted if the broker is a member of the National Association of REALTORS, but the law specifically requires the words Licensed Real Estate Broker.
Reference: NJ Real Estate Commission Rules and Regulations, N.J.A.C. 11:5-6.1 (Office Requirements and Signage).

NEW QUESTION # 71
Are electronic signatures enforceable on a real estate contract?

A. No, because they are only allowed on deeds.
B. Yes, because they are allowed by the federal government.
C. No, because they must be signed and witnessed.
D. Yes, because they are legal in real estate transactions.

Answer: D

Explanation:
Electronic signatures are legally enforceable under the federal Electronic Signatures in Global and National Commerce Act (E-SIGN Act, 2000) and the New Jersey Uniform Electronic Transactions Act (UETA, N.J.S.
A). 12A:12-1 et seq.).
These laws confirm that electronic signatures are valid and binding in real estate contracts, listings, leases, and other documents.
They are not restricted to deeds, and do not require witnessing to be valid.
Therefore, the correct answer is B.
Reference: Federal E-SIGN Act (2000); NJ Uniform Electronic Transactions Act; NJ Real Estate Salesperson Study Guide, Chapter on Contracts and Closing.

NEW QUESTION # 72
Which of the following actions is a function of a municipal planning board?

A. Prescribing and controlling the development and use of all land in a municipality
B. Approving a variance for an addition to a garage on a residential property
C. Creating a master plan for all the land in a particular county
D. Unilaterally approving subdivisions in a jurisdiction

Answer: A

Explanation:
A municipal planning board (sometimes called a planning or zoning board) has authority to:
Adopt and enforce the master plan for land use in the municipality.
Regulate subdivisions, site plans, and development approvals.
Control zoning ordinances and land-use policies.
Variances are typically handled by a zoning board of adjustment, not the planning board.
Counties adopt county-wide plans but do not govern municipalities.
Correct answer = D.
Reference: NJ Municipal Land Use Law (MLUL, N.J.S.A. 40:55D); NJ Real Estate Salesperson Study Guide, Chapter on Land Use and Zoning.

NEW QUESTION # 73
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. 8 acres
C. 4 acres
D. 1 acre

Answer: B

Explanation:

NEW QUESTION # 74
The Freshwater Wetlands Protection Act of 1987 is a New Jersey law that:

A. empowers the New Jersey Department of Environmental Protection to acquire title to certain real estate for less than its fair market value through condemnation
B. restricts development of real estate in certain designated areas
C. requires environmental impact statements to be filed with the New Jersey Department of Environmental Protection before title to developed real estate can be transferred
D. requires the registration of residential development projects with the New Jersey Department of Community Affairs

Answer: B

Explanation:
The Freshwater Wetlands Protection Act (1987) gives the New Jersey Department of Environmental Protection (NJDEP) the authority to regulate activities in freshwater wetlands and transition areas (buffer zones). Its primary purpose is to restrict development in wetlands and certain protected areas to preserve environmental resources.
It does not require environmental impact statements prior to transfer of title, does not authorize below-market condemnation, and is unrelated to DCA residential project registration.
Reference: New Jersey Real Estate Salesperson Pre-Licensure Course Guide, Chapter on Environmental Issues; Freshwater Wetlands Protection Act, N.J.S.A. 13:9B-1 et seq.

NEW QUESTION # 75
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Free PDF Real Estate - New-Jersey-Real-Estate-Salesperson - New Jersey Real Estate Salesperson Exam Accurate New Dumps Book

Updated New-Jersey-Real-Estate-Salesperson Practice Exams for Self-Assessment (Web-Based )

Real Estate New Jersey Real Estate Salesperson Exam Sample Questions (Q70-Q75):

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