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

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. Which of the following acts does NOT require notifying the Board of Registration?

A) A salesperson terminates employment with one broker and affiliates with another.
B) A broker changes his or her mailing address.
C) A broker conducts business under the broker's own name.
D) A broker commences business under the trade name of ABC Realty.

2. The Massachusetts Consumer Protection Act (M.G.L. c. 93A) does NOT apply to which of the following persons?

A) Salespersons since they are obligated to their employing brokers only
B) Builders who sell fewer than ten homes a year
C) Listing brokers who receive only a percentage of commissions
D) Owners who sell their homes privately

3. A contract is delivered to the listing broker by a cooperating broker. The listing broker makes an appointment with the owner to present the offer at 7 p.m. of that day. Before 7 p.m., two more offers arrive on the same property. Which offer should be presented to the owner at the 7 p.m. appointment?

A) The offer with the highest sale price
B) The offer most favorable to the seller, including price and all terms
C) The first offer received
D) All three of the offers

4. A buyer and broker enter into a 3-month exclusive buyer agency agreement. With regard to the broker's right to be compensated and to work with other clients, this means that during the term of this agreement, the broker

A) may not show a property to other buyers until the buyer decides if they want to make an offer.
B) is only due compensation if the buyer purchases one of the broker's listings.
C) must be compensated by the seller.
D) is entitled to compensation even if the buyer purchases a property that they locate.

5. A broker received a birthday check from a client. The broker decided to put it in the escrow account because it was from a client. This is

A) commingling.
B) conversion.
C) acceptable if the client has had a transaction within the last 18 months.
D) acceptable if the check was written on the client's business account.

Solutions: