Exam New-Jersey-Real-Estate-Salesperson Topic 1 Question 11 Discussion

Actual exam question for Real Estate's New-Jersey-Real-Estate-Salesperson exam
Question #: 11
Topic #: 1
Broker P is the sole proprietor of XYZ Realty. P employs five salespersons, all of whom have been practicing real estate for at least two years. Under the license law, if P should die, which of the following actions can be taken?

Suggested Answer: D Vote an answer

Under NJ Real Estate Commission (NJREC) licensing rules, when a broker of record dies or becomes incapacitated, a qualified salesperson with at least three years' experience may apply for a temporary broker's license to continue the firm's operations for a limited period while the firm arranges a permanent broker.
Existing agency contracts and transactions do not become void simply because of the broker's death.
* Therefore, D is correct.
* A is incorrect-contracts are not automatically void, and salespersons don't lose their licenses.
* B is not the prescribed process.
* C misstates both who may act and the time period; NJ uses a temporary broker's license mechanism for a qualified salesperson (experience requirement is three years).
(Reference: NJ Real Estate Salesperson Pre-Licensure Course Study Guide, Licensing-Broker of Record Death/Incapacity; NJREC Rules on temporary broker authority.)

by Hubery at Aug 13, 2026, 08:27 AM

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