New Jersey Real Estate License Exam Practice Question
Recent consumer information statements must be provided to prospective:
Correct Answer: C
Rationale: Providing recent consumer information statements to prospective buyers, sellers, landlords, and tenants ensures that all parties have access to essential information regarding their rights and responsibilities in real estate transactions. This transparency fosters informed decision-making and promotes fairness in the market.
Option A is incorrect because it excludes sellers and landlords, who also need this information. Option B is similarly flawed as it omits buyers and tenants. Option D is not applicable, as lenders and appraisers are not the primary recipients of consumer information statements intended for prospective real estate participants.
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