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Real Estate Massachusetts-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| General Real Estate Knowledge | 67% | - Real Estate Practice
|
| Massachusetts Real Estate Law | 33% | - Massachusetts License Law
|
Real Estate Massachusetts Real Estate Salesperson Sample Questions:
A buyer ' s earnest-money check has been deposited into the broker ' s escrow account while the transaction remains pending. Which statement best describes the money?
- A. It becomes the broker ' s money immediately
- B. It automatically belongs to the seller once deposited
- C. It automatically belongs to the salesperson who obtained the offer
- D. It is held in trust/escrow pending proper disposition under the transaction
Correct Answer: D 🗳️
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A purchaser wants to qualify for an environmental-law "innocent landowner" defense concerning contamination that existed before acquisition. Which step is particularly important before purchasing?
- A. Rely solely on the seller ' s oral statement
- B. Purchase without investigation and inspect after closing
- C. Conduct the legally required environmental due diligence or "all appropriate inquiries" and satisfy applicable continuing obligations
- D. Ignore prior uses if the property appears clean
Correct Answer: C 🗳️
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Which action, standing alone, is generally not a violation of RESPA Section 8?
- A. Paying a broker solely for directing settlement-service business
- B. Accepting cash solely for referring a buyer to a lender
- C. Recommending a particular lender to a buyer without receiving a prohibited referral fee
- D. Receiving an unearned portion of a settlement charge
Correct Answer: C 🗳️
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The Massachusetts Sanitary Code requires landlords to
- A. Notify a tenant 24 hours prior to entering a property.
- B. Maintain their properties in a safe and habitable condition.
- C. Provide a statement of condition within 30 days of the lease.
- D. Inspect the property every six months.
Correct Answer: B 🗳️
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What is an enforceable agreement between competent parties in which each party obtains a legal benefit or assumes a legal obligation?
- A. Contract
- B. Deed restriction
- C. Mortgage lien
- D. Easement
Correct Answer: A 🗳️
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Viewing questions 1-5 out of 354 questions.
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