Exam Name: Massachusetts Real Estate Salesperson Exam
Certification Provider: Real Estate
Corresponding Certification: Massachusetts Real Estate
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Real Estate Massachusetts-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Massachusetts Real Estate Law | 33% | - Licensing Requirements
|
| Topic 2: General Real Estate Knowledge | 67% | - Property Ownership
|
Real Estate Massachusetts Real Estate Salesperson Sample Questions:
A seller lists the same property nonexclusively with several brokers and agrees to compensate only the broker who successfully procures the buyer. What type of listing is this?
- A. Exclusive-agency listing
- B. Open listing
- C. Net listing
- D. Exclusive-right-to-sell listing
Correct Answer: B 🗳️
Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).
Which situation has the strongest potential to fall within a narrow fair-housing exemption rather than constituting ordinary discriminatory housing practice?
- A. A landlord charges African American applicants higher rent
- B. A broker refuses to show homes to Muslims
- C. A listing agent refuses applicants who use Section 8 vouchers
- D. An owner personally selects a roommate for genuinely shared living space without using a broker or discriminatory public advertising, where an applicable statutory exemption permits the choice
Correct Answer: D 🗳️
Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).
Which instrument pledges real property as security for repayment of a debt while allowing the borrower to retain possession?
- A. Proprietary lease
- B. Listing agreement
- C. Mortgage
- D. Bill of sale
Correct Answer: C 🗳️
Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).
While inspecting a tenant-occupied property, the buyer was told by the seller that the microwave oven would be included in the sale price. Upon possession, the buyer learned that the microwave oven belonged to the tenant and not the seller. Is the buyer entitled to the microwave oven?
- A. No, because the seller did not have the right to include the microwave in the sale.
- B. No, because the microwave was the real property of the tenant.
- C. Yes, because the buyer's offer to purchase included all real property.
- D. Yes, because all oral contracts for the sale of real property are enforceable.
Correct Answer: A 🗳️
Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).
Who has ultimate regulatory responsibility for accepting and maintaining transaction escrow funds in a Massachusetts brokerage?
- A. The home inspector
- B. The broker
- C. The buyer
- D. The affiliated salesperson
Correct Answer: B 🗳️
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