The economic importance of real estate today demands a higher professional level for all persons dealing in real estate, with an increased emphasis on educational requirements. Also, every state requires that a person engaging professionally in the real estate business, either as a broker or as a salesperson, must be licensed, and in each case, a state examination is a prerequisite for a license. Principles and Practices of New Jersey Real Estate has been written to serve as an educational guide for students and for persons desiring to take New Jersey's real estate licensing examination, as a quick reference for those already in the profession, and for use by the many other professionals dealing with various aspects of real estate.