PSI New Jersey Real Estate State Practice Exam

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Prepare for the PSI New Jersey Real Estate State Exam. Study with flashcards and multiple choice questions, each with detailed hints and explanations. Get ready to succeed on your exam!

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How many days must licensees notify the commission after being charged with a crime?

  1. 10 days

  2. 30 days

  3. 60 days

  4. 90 days

The correct answer is: 30 days

Licensees are required to notify the commission within a specific timeframe after being charged with a crime to ensure transparency and maintain the integrity of the real estate profession. The correct time frame for this notification is 30 days. This requirement is in place to allow the commission to take appropriate actions based on the nature of the charges and to keep the public informed about the conduct of licensed real estate professionals. Timely notification helps in managing any potential risks associated with the charges and ensures that the licensee is compliant with regulatory standards.