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Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. Time is of the essence means

A) every act under the contract must be performed on the exact date specified.
B) time limits set forth in the contract must be carefully observed.
C) time limits stated in the contract may not be modified, even by mutual agreement of the parties.
D) the closing must occur as soon as possible.

2. Which of the following groups are protected under the Massachusetts Fair Housing Laws?

A) Students
B) Smokers
C) Sex offenders
D) Public assistance recipients

3. If a seller defaults in performance of a contract, any of the following actions would be likely to help the buyer recover any losses EXCEPT

A) bringing an action against the seller for payment of compensatory damages.
B) filing a complaint with the Real Estate Commission.
C) suing the seller for specific performance.
D) canceling the contract and recovering the earnest money.

4. Prospective buyers for a house want to operate a recycling center in their backyard. Local zoning laws do not allow this. What do they need to do first?

A) Obtain a building permit.
B) Obtain a modification to the local master plan.
C) File an appeal with the local court.
D) Obtain a variance or special exception.

5. The Massachusetts Consumer Protection Act requires that

A) The seller disclose all offers received.
B) The broker disclose known material defects.
C) The buyer be informed of all offers.
D) The seller's information be kept confidential.

Solutions: