New Jersey Real Estate License Exam Practice Question

A licensee may use the term 'REALTOR' or 'REALTOR ASSOCIATE' ONLY if the licensee is:

Correct Answer: B

Rationale: Using the terms 'REALTOR' or 'REALTOR ASSOCIATE' is reserved for those who are members of the National Association of REALTORS® (NAR). This membership signifies adherence to a strict code of ethics and professional standards, ensuring a commitment to quality service.

Option A is incorrect; while being licensed is necessary for practicing real estate, it does not grant the right to use these specific titles. Option C is misleading; ownership or management of a real estate company does not automatically confer REALTOR status. Option D is not relevant, as affiliation with a national franchise does not equate to NAR membership.

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