EXAMPLES OF TEST QUESTIONS REQUIRING UNDERSTANDING OF WRITTEN ENGLISH

 

Failure to renew will void a license after –

 

For which of the following crimes does the New Jersey Estate Commission have the power to promptly revoke the offending agent’s license –

 

A rancher owns a parcel of land on which oil was discovered.  If the rancher has not previously conveyed the oil rights, who owns the oil –

 

L conveys the ownership of his house to his mother and stipulates that upon her death he will recapture the ownership.  /the interest L has in the ownership is a –

 

After real estate has been sold by the state or county to satisfy a delinquent tax lien, the defaulted owner usually has a right to –

 

A listing contract in which the broker’s commission is contingent on the broker being able to produce a buyer before the property is sold by the owner or another broker is called –

 

If a landlord fails to provide heat to an apartment and the tenant is forced to vacate the premises, this is an example of –

 

If the amount realized at a sheriff’s sale as part of a mortgage foreclosure is more than the amount of the indebtedness and expenses, then the excess belongs to –

 

A real estate loan payable in periodic installments that are sufficient to pay the principal in full during the term of the loan is called –

 

When the supply of commodity decreases –

 

The accrued interest on an assumed mortgage loan is entered on the closing statement as a -