Real Estate Salesperson Practice Test – New Jersey (NJ)· Study Mode
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Question 1 / 1310%
Q1. A New Jersey property manager enters into a management agreement with a landlord. The agreement states the manager will receive 10% of collected rents as a fee. After three months, the landlord wants to terminate the agreement immediately due to dissatisfaction. Under New Jersey law, what is the property manager's best legal position?
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