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Real Estate Massachusetts-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| National Real Estate Principles & Practices | - Agency Principles
|
| Massachusetts State-Specific Real Estate Law | - Real Estate Practices in Massachusetts
|
Real Estate Massachusetts Real Estate Salesperson Sample Questions:
1. Which of the following is among the typical responsibilities of a residential property manager?
A) selecting tenants to provide a diverse environment
B) making decisions about structural changes that will enhance the property value
C) requesting that the tenant's employer withhold the past due rent from wages
D) negotiating leases between the property owner and potential tenants
2. A first-year licensee without either a degree in finance, or a strong background in real estate investment should generally refrain from
A) listing commercial income property.
B) representing an owner who wants to sell raw land to a developer.
C) representing a first time home buyer.
D) acting as the seller's agent in selling an oceanfront lot to a retiree.
3. A couple enters into a purchase contract to buy a house, and their parents are providing a $5,000 earnest money check. The check is deposited in the listing broker's escrow account. The buyers are unable to get financing, and the contract provides for return of the earnest money to the buyers. The buyers and seller agree in writing to the release of the earnest money. The listing broker should
A) return the earnest money check, minus expenses, to the buyers.
B) issue a $5,000 check to the parents.
C) return the earnest money check, minus expenses, to the parents.
D) issue a $5,000 check to the buyers.
4. When real estate brokers and salespersons engage in renting residential dwelling units, they must provide a prospective tenant with written notice of the
A) Amount of fee, if any, that the prospective tenant will have to pay for the broker's services.
B) Presence of any sex offenders living in the neighborhood.
C) Name and address of the landlord.
D) Amount of the rent.
5. Which of the following assurances is provided to home buyers who purchase a $75,000 property with an FHA- insured mortgage?
A) The property has been appraised for value.
B) The neighborhood values will increase.
C) The property is not subject to eminent domain.
D) A down payment is not required.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: A | Question # 5 Answer: A |
