New Jersey Real Estate 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: Under New Jersey Real Estate Commission rules, a licensee must uphold ethical standards and prioritize the interests of their clients.
Option A is incorrect because accepting any reasonable commission does not align with the obligation to act in the best interest of the client; commissions should be negotiated and agreed upon rather than accepted without consideration.
Option B is essential, as honesty fosters trust between all parties involved in a transaction.
Option C is crucial because disclosing material defects ensures transparency and protects buyers.
Option D emphasizes the responsibility of agents to prioritize their client's interests, reinforcing their fiduciary duty.
Unlock All Questions
Subscribe to Premium for full access to all practice questions, detailed rationales, and performance tracking.
Subscribe Now