Colibri New Jersey Real Estate Salesperson Final Assessment (Qns & Ans) 2026

Colibri New Jersey Real Estate Salesperson Final Assessment (Qns & Ans) 2026
1. What is the primary goal of risk management in real estate?
 - A. Increase commission
 - B. Minimize potential loss
 - C. Promote properties
 - D. Reach sales targets
 Correct ANS: B. Minimize potential loss
2. Which of the following is considered a natural hazard risk in
real estate?
 - A. Market fluctuations
 - B. Environmental contamination
 - C. Flooding
 - D. Title disputes
 Correct ANS: C. Flooding
3. What type of insurance is essential for protecting real estate
agents against claims of negligence?
 - A. Property insurance
 - B. Professional liability insurance
 - C. General liability insurance

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