Carol wants to become a licensed real estate salesperson in New Jersey. She has never held a real estate license in any state. Before she can sit for the New Jersey salesperson examination, what is the minimum pre-licensure education requirement she must complete?
Correct Answer
A) A 75-hour salesperson pre-licensure course approved by the NJREC
New Jersey requires a 75-hour NJREC-approved salesperson pre-licensure course before a first-time applicant may sit for the salesperson licensing examination, under N.J.S.A. 45:15-10.1 and NJREC regulations.
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Related Topics & Key Terms
Key Terms:
Related Concepts
A trust account, also called an escrow account, is a separate bank account maintained by a broker to hold funds belonging to others, such as earnest money deposits, security deposits, or other client funds.
Advertising regulations govern how real estate licensees may market properties and services, requiring truthful, non-deceptive advertising that includes proper identification of the brokerage.
Antitrust violations in real estate occur when competing brokerages or agents engage in practices that restrain trade, reduce competition, or harm consumers through collusion. These violations are governed by the Sherman Antitrust Act and can result in severe penalties.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
In Wyoming real estate practice, a first-time salesperson applicant completes coursework. What should the licensee remember?
A Wyoming licensee is reviewing an out-of-state salesperson applicant prepares for testing. What is the best answer?
In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
A responsible broker in Wyoming asks about a nonresident applicant provides home-state evidence. Which answer follows Wyoming law?
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