New Jersey Real Estate Practice Exam Practice Question
Under New Jersey Real Estate Commission rules, a licensee's obligations to the public include all of the following responsibilities EXCEPT:
Correct Answer: A
Rationale: In New Jersey, real estate licensees must uphold ethical standards that prioritize honesty and transparency. Options B and C emphasize the importance of dealing honestly with all parties and disclosing material defects, both of which are essential responsibilities to protect the public. Option D highlights the obligation to promote the interests of the principal, reinforcing the agent's fiduciary duty. In contrast, option A is incorrect; accepting any commission, regardless of its reasonableness, may compromise the agent's integrity and the interests of the client, violating ethical standards.
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