Real Estate Massachusetts Real Estate Salesperson : Massachusetts-Real-Estate-Salesperson Exam Questions

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

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

2. Which of the following statements about the leasing of apartments in Massachusetts is correct?

A) Interest on security deposits begins after the first year of tenancy.
B) Death of the landlord terminates residential leases.
C) Tenancies at will are enforceable under the law.
D) Leases terminate when the property is sold.

3. In Massachusetts, which of the following statements about smoke detectors prior to closing is always correct?

A) A three-family residence can have either battery-operated or hard-wired smoke detectors.
B) Smoke detectors are optional in single-family houses.
C) A smoke detector certificate must be obtained from the local fire department.
D) All single-family residences must have hard-wired smoke detectors.

4. An owner signed a contract to sell an apartment building. Just before closing, the owner informed the buyers that the owner would NOT sell the property. A lawsuit filed by the buyers would be for

A) a deficiency judgment.
B) lis pendens.
C) specific performance.
D) quiet title action.

5. A buyer wants to purchase a home for $275,000 with a 20% down payment. The lender charges 2.25 points.
How much money does the buyer need up front to make the purchase?

A) $61,188
B) $56,238
C) $55,000
D) $59,950

Solutions: