New Jersey Real Estate License 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: Option A is not a responsibility under New Jersey Real Estate Commission rules because licensees are expected to negotiate commissions based on market standards and their professional judgment, rather than accepting any commission without consideration.
Option B is essential, as honesty is a fundamental ethical obligation for licensees to maintain trust and integrity in transactions.
Option C is also critical, as disclosing material defects ensures transparency and protects the interests of buyers.
Option D highlights the fiduciary duty of agents to prioritize their principal's interests, reinforcing the ethical framework guiding real estate practice.
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