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PSI Exam Questions and Answers 100% Correct| Latest 2024

PSI Exam Questions and Answers 100% Correct| Latest 2024

PSI Exam Questions and Answers 100% Correct| Latest 2024
PSI Exam Questions and Answers 100%
Correct| Latest 2024
what would prevent a seller from providing marketable title
Mechanics lien
the seller has required that the buyer must use his title insurance company and that
brokers reduce their portion of the real estate commission, increasing the sellers net
proceeds
This is illegeal according to respa
If a license mentions MLS when advertising, the advertisement must include
the name of the MLS
According to the New Jersey Real estate Licensing Laws, which of the following is
a requirement for any advertisement made by a salesperon
Name of the salesperson firm
A license may use the term "Realtor" or "realtor associate" only if the licensee is
a member of the national association of realtors
Which of the following would automatically be included in the sale of property
Plumbing fixtures
a seller is offering his property for sale in as is condition. a buyer enters into a
contract with the seller. The buyer
can void the contract due to the sellers failure to disclose the latent defect
Maintains a real estate agency and terminated two salespersons, in this situation,
the broker is required to take all the following steps except
Permit them to remove original sales and listing contracts from the brokers office
What should buyers insert into the purchase offer to make sure they would not
have to go through with the purchase if they are not met
contingencies
A potential buyer signs a contract with a seller but then decides not to buy. The
seller may sue the potential buyer for specific preformance because the contract
was a
bilateral contract
Standard title insurance policy would protect a buyer
When the seller has forged his ex-wife's signature on the deed
Under New Jersey Real Estate commission rules, a licensee's obligations to the
public include all of the following except
Accepting any reasonable commission offered by a seller in the course of
negotiating a listing agreement
When operating in a discloses dual agency relationship, a licensee must disclose
the
Buyer being laid-off after submitting a mortgage application
A land contract is sometimes known as

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