Description
Book updated November 2020. In New Jersey, it is the New Jersey Real Estate Commission REC that administers and enforces the real estate licensing law, N.J.S.A. 45:15-1 et seq. A lot of topics are covered by the exam but we choose to focus on the legal and regulatory topics here. A lot of topics are covered by the exam but we choose to focus on the legal and regulatory topics here. We give you knowledge information relevant to the exam specification. To be able to succeed in the real exam, you’ll need to apply your earned knowledge to the question scenarios. Many of the exam questions are written to be less straight forward. They tend to be framed within the context of short scenarios. An advice: Do NOT rely on a single source for exam preparation. To secure exam success, always use multiple sources and read as much as possible! TAX RATES AND FEES TEND TO CHANGE FREQUENTLY. THEREFORE YOU SHOULD CHECK WITH YOUR LOCAL AUTHORITIES FOR THE LATEST INFORMATION UPDATES.
