New Jersey Real Estate Practice Exam Free 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 must negotiate commissions ethically and transparently, rather than accepting any commission without consideration of fairness or market standards.
Option B is essential, as honesty is fundamental to maintaining trust in real estate transactions.
Option C is also a requirement; licensees must disclose material defects to ensure buyers are fully informed, promoting transparency and safety.
Option D highlights the duty of agents to prioritize their clients' interests, which is a core principle of agency law.
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