Real Estate Massachusetts-Real-Estate-Salesperson Q&A - in .pdf

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  • Exam Code: Massachusetts-Real-Estate-Salesperson
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Real Estate Massachusetts-Real-Estate-Salesperson Exam Syllabus Topics:

SectionWeightObjectives
Massachusetts Real Estate Law33%- Licensing Requirements
  • 1. License Renewal
  • 2. Continuing Education
  • 3. Salesperson Licensing Rules
- Massachusetts Real Estate Practices
  • 1. Advertising Rules
  • 2. Agency Disclosure
  • 3. Escrow Requirements
- Massachusetts License Law
  • 1. Disciplinary Actions
  • 2. Consumer Protection
  • 3. Board Regulations
General Real Estate Knowledge67%- Valuation and Market Analysis
  • 1. Market Value
  • 2. Appraisal Principles
  • 3. Comparative Market Analysis
- Real Estate Practice
  • 1. Listings
  • 2. Settlement Procedures
  • 3. Transfer of Title
- Laws of Agency
  • 1. Duties of Agents
  • 2. Agency Relationships
  • 3. Disclosure Requirements
- Financing
  • 1. Loan Qualification
  • 2. Mortgage Types
  • 3. Financing Instruments
- Property Ownership
  • 1. Types of Ownership
  • 2. Land Characteristics
  • 3. Property Rights
- Contracts
  • 1. Purchase Agreements
  • 2. Contract Law
  • 3. Leases

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

Question #1

Which hazardous material found particularly in older residential properties poses a significant poisoning risk to very young children?

  • A. Carbon fiber
  • B. Lead-based paint
  • C. Polyvinyl flooring
  • D. Fiberglass insulation
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for TroytecDumps members. You can sign-up / login (it's free).

Question #2

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.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for TroytecDumps members. You can sign-up / login (it's free).

Question #3

If a deed creating a tenancy in common does NOT state the fractional interest of each co-owner, it

  • A. is void.
  • B. must be determined by a majority vote of the tenants.
  • C. is presumed each owner has an equal interest.
  • D. becomes a joint tenancy.
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

Explanation: Only visible for TroytecDumps members. You can sign-up / login (it's free).

Question #4

According to the CAN-SPAM Act, every email advertisement for real estate services must do all of the following EXCEPT

  • A. inform the recipient of the name and location of the brokerage firm.
  • B. advise the recipient that it will take 180 days to remove the recipient's name from this email list.
  • C. allow a method for the recipient to opt out and not receive future emails.
  • D. clearly indicate the nature of the content of the email.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for TroytecDumps members. You can sign-up / login (it's free).

Question #5

A buyer is looking in several different cities for land to purchase for a shopping center. The buyer has decided to hire several real estate licensees, each representing the buyer in that licensee's city. Which type of agreement would protect the buyer from owing multiple commissions?

  • A. nonexclusive right-to-lease
  • B. nonexclusive buyer-agency
  • C. exclusive right to sell
  • D. exclusive agency representation
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for TroytecDumps members. You can sign-up / login (it's free).

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