Adler,Toro and Associates
School of Real Estate
3133 Central Ave, suite 206,
Union City, NJ 07087
201 - 546 - 7154
201 - 471 - 1331
Monday through Sunday
8:00 am through 9:00 pm
We can be reached during the following hours:
MONDAY THROUGH SUNDAY
8:00 AM 9:00 PM
iPHONE AND TABLET
THINKING OF EXPANDING YOUR HORIZONS?
THINKING OF A CAREER CAPABLE OF
MULTIPLE STREAMS OF INCOME?
THINK ABOUT BECOMING A REAL ESTATE LICENSEE!!
A WONDERFUL WORLD
Twenty years from now you will be more disappointed
by the things that you didn't do than by the ones you
So throw off the bowlines. Sail away from the safe
harbor. Catch the trade winds in your sails.
Explore, dream and discover the amazing world of real
Adler, Toro and Associates School of Real Estate's vast
experience in the industry will prepare you for your
HAVE YOU EVER WONDER
WHAT IS ON A REAL ESTATE EXAM?
Real estate exams cover several competencies and key
concepts. Licenses are issued at the state level, so each
state has the authority to create and administer its own
test. Each real estate exam has a general section and a
state-specific section. Exam questions are multiple
choice. A state's real estate commission may change
the exam questions and layout periodically to deter
test-takers from cheating.
The real estate exam covers a variety of concepts
related to property. The exam covers property classes,
types of property ownership and property transfer
rules. The exam covers land use regulations, including
government rights as well as private and public
controls. Candidates must know land characteristics
and the various legal descriptions of property.
Real Estate Regulations
A portion of the real estate exam is dedicated to federal
laws that govern real estate practices. Candidates must
have knowledge of fair housing and fair credit laws as
well as landlord-tenant laws. This portion also covers
ethical issues related to brokers, agents and other real
The real estate exam covers real estate calculations
and various mathematics concepts. License candidates
must understand how to calculate property taxes as
well as how to make general lending calculations. Other
real estate calculations include calculations for
mortgages and property values.
Licensed agents must possess a general knowledge of
real estate finance concepts. The exam tests the
candidate's knowledge of different types of real estate
loans and the different sources of loans. The exam also
covers various government programs, mortgages and
Real Estate Valuation
Contracts and Disclosures
The real estate exam covers contractual relationships
between buyers and sellers. Candidates must have
knowledge of general contract law. Candidates must
possess property-specific contract knowledge including
purchase agreements, lease agreements, counteroffers
and rescissions. Further, the exam covers numerous
real estate disclosures such as material facts and
property condition disclosures.
A portion of the real estate exam is dedicated to state-
specific statutes and regulations. The state-specific
portion covers licensing requirements as well as
continuing education, license renewal and transfer
rules as required by the New Jersey Real Estate
Commission. This portion also covers state laws
governing licensee activities and state-specific real
estate laws such as property ownership and transfer
rules, landlord-tenant laws, fair housing rules and
other state-specific disclosures.
ADLER, TORO AND YOU, PERFECT TOGETHER
CONTACT CARMEN AT
201 - 546 - 7154