New Jersey License Law
Which of the following is NOT exempt from NJ real estate licensing requirements?
AAn attorney acting under a power of attorney
BA property manager handling leases for compensation on behalf of others✓ Correct
CA court-appointed receiver selling property
DA bank officer disposing of foreclosed property
Explanation
A property manager who leases properties for others in exchange for compensation must hold a NJ real estate license. The other choices qualify for statutory exemptions.
Related New Jersey New Jersey License Law Questions
- Which document must a NJ broker have a seller sign before listing a property?
- How many continuing education hours must a New Jersey salesperson complete each two-year renewal cycle?
- A NJ broker must keep a copy of every listing agreement for a minimum of:
- Under NJ law, a licensee who is convicted of a crime involving moral turpitude may have their license:
- A NJ broker's trust account must be:
- The NJREC may suspend or revoke a real estate license for all of the following EXCEPT:
- The New Jersey real estate salesperson licensing exam consists of how many questions?
- How many hours of pre-license education does NJ require for a broker applicant?
Practice More New Jersey Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free New Jersey Quiz →