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Law

Exam & Certification Prep

New Jersey Real Estate Salesperson

82 lessons — Exam-focused review for the New Jersey real estate salesperson license: national principles (ownership, contracts, agency, finance, fair housing, math) and New Jersey law and regulation (NJREC, licensing, agency disclosure, trust funds, advertising, closing), each topic explained in plain language with a New Jersey example.

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Property Ownership and Interests7 lessons

Chapter page

  1. Real Property vs Personal Property
  2. Land Characteristics and Legal Descriptions
  3. Estates in Land
  4. Concurrent Ownership
  5. Common Interest Ownership
  6. Encumbrances and Property Restrictions
  7. Government Powers

Land Use Controls and Environmental Issues3 lessons

Chapter page

  1. Land Use Controls
  2. Private Land-Use Controls
  3. Environmental Issues

Valuation and Market Analysis5 lessons

Chapter page

  1. Value Concepts and Principles
  2. Appraisal Process
  3. Approaches to Value
  4. Depreciation
  5. Comparative Market Analysis

Real Estate Finance5 lessons

Chapter page

  1. Loan Concepts and Instruments
  2. Mortgage Loan Types and Financing
  3. Mortgage Markets
  4. Federal Lending Laws
  5. Default and Foreclosure

General Principles of Agency6 lessons

Chapter page

  1. Agency Creation and Types
  2. Agency Relationships
  3. Fiduciary Duties
  4. Agency Disclosures and Dual Agency
  5. Agency Termination
  6. Agency Liability

Property Condition and Disclosures5 lessons

Chapter page

  1. Material Facts and Defects
  2. Seller Disclosures and Inspections
  3. Property Condition
  4. Lead-Based Paint
  5. Stigmatized Property

Contracts7 lessons

Chapter page

  1. Contract Essentials
  2. Contract Classifications
  3. Offer, Acceptance, and Consideration
  4. Statute of Frauds
  5. Contract Remedies and Disputes
  6. Real Estate Contracts
  7. Contingencies

Leasing and Property Management4 lessons

Chapter page

  1. Landlord-Tenant Relationships
  2. Property Management Responsibilities
  3. Property Management Financial Operations
  4. Fair Housing in Leasing and Management

Transfer of Title5 lessons

Chapter page

  1. Deeds
  2. Involuntary Transfer
  3. Title and Title Insurance
  4. Recording and Notice
  5. Closing

Practice of Real Estate5 lessons

Chapter page

  1. Brokerage Operations
  2. Licensee Conduct and Ethics
  3. Antitrust, Privacy, and Cybersecurity
  4. Fair Housing
  5. Advertising

Real Estate Calculations5 lessons

Chapter page

  1. Area and Volume
  2. Commissions
  3. Finance Calculations
  4. Prorations
  5. Income and Investment Calculations

New Jersey Real Estate Commission2 lessons

Chapter page

  1. Authority and Scope
  2. Discipline

New Jersey Licensing Requirements3 lessons

Chapter page

  1. Initial Licensing Path
  2. License Types and Status
  3. Continuing Education and Renewal

New Jersey Brokerage Relationships and Agency3 lessons

Chapter page

  1. Agency Disclosure Requirements
  2. Duties and Brokerage Conduct
  3. Attorney Review

New Jersey Trust Funds and Escrow3 lessons

Chapter page

  1. Funds Received in a Fiduciary Capacity
  2. Trust Account Controls
  3. Disbursement and Disputes

New Jersey Licensee Conduct and Supervision3 lessons

Chapter page

  1. Broker Supervision
  2. Salesperson Limitations
  3. Unlicensed Assistants and Staff

New Jersey Advertising and Solicitation2 lessons

Chapter page

  1. Advertising Requirements
  2. Prohibited Advertising and Solicitation

New Jersey Housing Discrimination Law3 lessons

Chapter page

  1. New Jersey and Federal Protections
  2. Prohibited Discrimination
  3. Listing Duties and Compliance

New Jersey Consumer Protection and Disclosures3 lessons

Chapter page

  1. Consumer Protection
  2. Property Condition and Disclosure Issues
  3. Special Transaction Issues

New Jersey Transfer and Closing Issues3 lessons

Chapter page

  1. Closing Requirements
  2. Transfer and Recording
  3. Closing Adjustments