Real Estate New-Jersey-Real-Estate-Salesperson 問題集 : New Jersey Real Estate Salesperson Exam

A buyer made an offer to purchase a home using a VA loan, but the property's appraised value was determined to be less than the contract price. If the buyer really wants the property, which of the following choices is the buyer's best option?

• A. Do nothing, because the seller must sell the property at the appraised value.
• B. Seek an FHA lender who will automatically make up the difference between the contract price and the appraised value.
• C. Make up the difference between the contract price and appraised value in cash.
• D. Hire an appraiser and see if a second appraisal yields a higher appraised value.

The common area of a condominium development is owned by:

• A. any individuals who pay a prorated share of the taxes and maintenance.
• B. all owners as tenants in common.
• C. those owners who were original owners of the units.
• D. its duly elected Board of Directors.

An appraisal made by a certified appraiser is required:

• A. when the buyer is using an FHA loan to purchase.
• B. before any property settlement in a divorce.
• C. when heirs receive property.
• D. before real property can transfer from one owner to another.

A landlord may require that a disabled tenant

• A. remove the wheelchair ramp from the apartment upon vacating the unit.
• B. pay double the usual $500 security deposit.
• C. pay an additional fee for using the swimming pool to cover the added insurance cost.
• D. not install grab bars in the tile shower if drilling holes in the tile is required.

Which of the following statements about branch offices is INCORRECT?

• A. A licensed broker-salesperson must supervise the office on a full-time basis.
• B. The employing broker is ultimately responsible for all licensees employed at the branch office.
• C. Two salespersons may be designated to share supervising responsibilities.
• D. The name of the branch office supervisor must be recorded with the commission.