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

  • Massachusetts-Real-Estate-Salesperson pdf
  • Exam Code: Massachusetts-Real-Estate-Salesperson
  • Exam Name: Massachusetts Real Estate Salesperson Exam
  • Updated: Aug 08, 2026
  • Q & A: 139 Questions and Answers
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  • Exam Code: Massachusetts-Real-Estate-Salesperson
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  • Q & A: 139 Questions and Answers
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Real Estate Massachusetts-Real-Estate-Salesperson Exam Syllabus Topics:

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

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. A broker lists a property for ninety days. A buyer stops at the owner's residence and makes an offer for the property, which the owner accepts. The broker has no knowledge of the sales agreement between the buyer and the owner. The broker is entitled to a commission from the sale if the agreement the broker had with the owner was a(n)

A) Open listing.
B) Exclusive agency listing.
C) Net listing.
D) Exclusive right-to-sell listing.


2. A private integrated club refused to rent one of its condos to a minority family. The club explained that it did not rent the condos to the public since the condos were for members only. Is the club in violation of the federal Fair Housing Act, and if so, how?

A) Yes, because when race is involved, no exceptions to the federal Fair Housing Act exist.
B) Yes, because the club had minority members, and therefore was not eligible for exemptions from the federal Fair Housing Act.
C) No, because a private club may restrict the rental of its own lodgings to its members as long as the lodgings are not operated commercially.
D) No, because as an integrated club, they could discriminate on the basis of race in renting facilities.


3. Standard title insurance would protect a buyer

A) in a purchase where the buyer had knowledge of a shed violating setback requirements.
B) if after closing, the HOA placed a lien on the property for the previous owner's unpaid dues.
C) when the seller has forged an ex-partner's signature on the deed.
D) for the purchase of a property bought sight unseen where the buyer discovers a tenant living at the property.


4. A buyer makes an offer on a property and asks the Seller's broker to recommend a good home inspector. The Seller's broker may

A) Provide the complete list of home inspectors prepared by the Commonwealth of Massachusetts.
B) Provide a list of no fewer than 20 licensed home inspectors in the county where the property is located.
C) Recommend a specific home inspector.
D) Provide business cards of local home inspectors.


5. A property manager has successfully negotiated the lease of a home built in 1965 to tenants who have no children. Regarding disclosure of lead-based paint, the property manager should

A) do nothing, as regulations only apply when children are present.
B) have all the lead-based paint covered or removed by licensed mitigators.
C) have the tenants sign the disclosure form and provide them with the required booklet.
D) give the tenants 10 days to test the home and provide them with the required booklet.


Solutions:

Question # 1
Answer: D
Question # 2
Answer: A
Question # 3
Answer: C
Question # 4
Answer: A
Question # 5
Answer: C

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