New Jersey Real Estate Salesperson Course Notes

QUICK EXAM MAP: The 2026 PSI New Jersey salesperson exam lists 110 scored questions, a 70% passing score (77 correct), and 4 hours. PSI may administer 5–10 additional unscored experimental questions that still consume exam time. The New Jersey-specific outline accounts for 30 scored items, so the remaining 80 are national/general content. Highest-yield national areas are Contracts (19%), Agency (13%), Practice of Real Estate (12%), Property Ownership (10%), and Financing (10%). Memorize definitions, document roles, disclosure duties, and the core formulas, then practice scenario application rather than isolated vocabulary.

• Treating every attached item as a fixture without analyzing adaptation/intent or the contract.

• Prioritize Contracts, Agency, Practice of Real Estate, Property Ownership, and Financing; together they dominate the national/general outline.

NEW JERSEY QUICK MAP: The 2026 PSI outline assigns 30 state-specific salesperson items: 2 Duties/Powers of the Real Estate Commission, 3 Licensing Requirements, 22 Statutes and Rules Governing Licensee Activities, and 3 Additional Requirements. The highest-yield state area is licensee activities. P.L. 2024, c.32 is critical: know the five brokerage business relationships, default agency, designated agency, disclosed dual agency, transaction brokerage, the Consumer Information Statement (CIS), Brokerage Services Agreement (BSA), Property Condition Disclosure Statement (PCDS), material-information duties, written-offer presentation, and negotiable compensation.

• Expanding CIS incorrectly; CIS means Consumer Information Statement.

• The state-specific portion is 30 items, and 22 are in Statutes/Rules Governing Licensee Activities—spend most NJ-law study time there.