PSI New Jersey Real Estate State Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

Prepare for the New Jersey Real Estate Exam. Ace your test with comprehensive multiple-choice questions. Each question includes detailed explanations and hints. Start studying today and boost your confidence!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

What must out-of-state real estate marketed in New Jersey through a common promotional plan do?

Be listed in the local newspapers
Be registered with the New Jersey Real Estate Commission
Have a local managing broker
Comply with lease stipulations

The correct answer is: Be registered with the New Jersey Real Estate Commission

The requirement for out-of-state real estate marketed in New Jersey through a common promotional plan to be registered with the New Jersey Real Estate Commission is based on state regulations designed to protect consumers and ensure transparency in real estate transactions. By mandating registration, the commission can monitor and oversee the marketing practices of out-of-state properties, ensuring compliance with local laws and standards. This registration is intended to provide buyers with important information about the properties being advertised and ensure that the marketing practices adhered to are in line with New Jersey's regulations. This registration process helps maintain a level of accountability and due diligence from those marketing real estate, contributing to a structured and reliable marketplace for consumers. This requirement is crucial for safeguarding the interests of real estate buyers, as it helps to prevent fraud and misinformation regarding out-of-state properties being promoted in New Jersey.