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Massachusetts-Real-Estate-Salesperson exam is an important Real Estate Certification which can test your professional skills. Candidates want to pass the exam successfully to prove their competence. Fast2test Real Estate technical experts have collected and certified 354 questions and answers of Massachusetts Real Estate - Massachusetts Real Estate Salesperson Exam which are designed to cover the knowledge points of the Planning and Designing Real Estate Superdome Server Solutions and enhance candidates' abilities. With Fast2test Massachusetts-Real-Estate-Salesperson preparation tests you can pass the Massachusetts Real Estate - Massachusetts Real Estate Salesperson Exam easily, get the Real Estate certification and go further on Real Estate career path.

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

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

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

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. Fiberglass insulation
  • D. Polyvinyl flooring
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

A retail tenant installs shelving, specialized counters, and equipment for operation of the tenant ' s business.
Assuming the lease does not provide otherwise, these items are generally classified as:

  • A. Trade fixtures and personal property of the tenant
  • B. Easements
  • C. Real property belonging automatically to the landlord
  • D. Emblements
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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A Massachusetts tenant independently hires a broker to locate an apartment. What must the broker provide concerning the broker ' s fee?

  • A. Disclosure only after the tenant moves in
  • B. Disclosure only if the fee exceeds one month ' s rent
  • C. Written disclosure identifying the hiring party, fee amount, and payment terms
  • D. Nothing in writing
Reveal Solution  Discussion  0

Correct Answer: C  🗳️

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For how long must a Massachusetts broker generally retain the written rental-fee notice provided to a prospective tenant?

  • A. Six months
  • B. Three years
  • C. Seven years
  • D. One year
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

The city wishes to purchase a parcel of property to be used as a cloverleaf for access to the nearby interstate.
The landowner refuses to sell. To acquire title to the property, the city will initiate a process of

  • A. escheat.
  • B. negotiation.
  • C. accession.
  • D. condemnation.
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

Explanation: Only visible for Fast2test members. You can sign-up / login (it's free).

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