New Jersey Real Estate Exam Practice Questions
Practice questions covering New Jersey real estate law, agency, the attorney review period, and PSI exam format to help you pass the NJ exam on your first try.
New Jersey Real Estate Exam Practice Questions
The New Jersey real estate exam is administered by PSI and consists of 80 national questions plus 30 state-specific questions for a total of 110 questions. You must score at least 70% — that is 77 correct answers — to pass. The time limit is 3 hours.
Sample National Questions
Question 1: Which type of deed provides the greatest protection to a buyer?
A) Quitclaim deed B) Special warranty deed C) General warranty deed D) Bargain and sale deed
Answer: C. A general warranty deed contains six covenants that protect the grantee against all title defects, even those arising before the grantor owned the property.
Question 2: A landlord refuses to rent to a family because they have three children. This is most likely a violation of which law?
A) The Americans with Disabilities Act B) The Federal Fair Housing Act C) RESPA D) The Truth in Lending Act
Answer: B. Familial status — including families with children under 18 — is a federally protected class under the Fair Housing Act.
Sample New Jersey State Questions
Question 3: Under New Jersey law, who pays the Realty Transfer Fee?
A) The buyer B) The seller C) Both buyer and seller equally D) The real estate broker
Answer: B. New Jersey's Realty Transfer Fee is paid by the seller. The rate starts at $2 per $500 for the first $150,000 and increases to $3.35 per $500 above that amount.
Question 4: In a standard New Jersey residential contract, the attorney review period lasts:
A) 24 hours B) 3 business days C) 5 calendar days D) 10 days
Answer: B. New Jersey residential contracts include a mandatory 3-business-day attorney review period during which either party's attorney can void or modify the contract.
Question 5: New Jersey pre-license education requires how many hours for a salesperson candidate?
A) 40 hours B) 60 hours C) 75 hours D) 90 hours
Answer: C. New Jersey requires 75 hours of pre-license education for salesperson candidates.
How to Use These Practice Questions
Focus your NJ state prep on:
- Realty Transfer Fee — know the seller pays and understand the rate tiers
- 1% mansion tax — buyer pays on residential properties $1 million and above
- Attorney review period — 3 business days, either attorney may void or modify
- NJREC structure — 9 members, under Division of Consumer Affairs, Dept of Law & Public Safety
- NJ fair housing additions — marital status, domestic partnership, civil union, sexual orientation, gender identity, source of income
- NJ Consumer Fraud Act — licensees can face fraud liability
Take timed practice sets to simulate the 3-hour exam window. Target 78% or above on practice tests before scheduling the real exam.
For more New Jersey exam prep, visit [CARealestate.com/states/new-jersey](https://carealestate.com/states/new-jersey).
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