New Jersey Real Estate License Exam Practice Question
In commercial property leasing, listing agents should ensure that the owner complies with:
Correct Answer: C
Rationale: In commercial property leasing, ensuring compliance with the Americans with Disabilities Act (ADA) is crucial as it mandates accessibility for individuals with disabilities in public spaces. This not only protects the rights of tenants but also shields property owners from potential legal issues.
Option A is incorrect; fiduciary responsibilities primarily pertain to the landlord's obligations to their tenants, not the listing agent’s responsibilities. Option B, while important, specifically relates to residential properties rather than commercial leasing. Option D, though relevant to market dynamics, does not address legal compliance, which is essential for property leasing.
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