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

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

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

Question 1

A tenant in a building that is being converted to condominiums is required to receive an opportunity to purchase the unit the tenant occupies at terms

A. Equal to or better than that offered to the general public.
B. At a monthly payment equal to the tenant ' s current monthly rent.
C. 15% less than that offered to the general public.
D. 20% less than that offered to the general public.

Question 2

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 the rent.
B. Presence of any sex offenders living in the neighborhood.
C. Amount of fee, if any, that the prospective tenant will have to pay for the broker ' s services.
D. Name and address of the landlord.

Question 3

A broker lists a property abutting a pond. A potential buyer is interested in the property but plans to build an addition onto a boathouse. The buyer will need

A. Approval from the local conservation commission.
B. A certificate of compliance.
C. Approval from the State Sanitary Commission.
D. A letter of interim control.

Question 4

A homeowner sells a single-family house and purchases the right to occupy a unit in a cooperative building.
What does the purchaser generally acquire?

A. An easement in gross
B. A life estate in the entire building
C. Shares or membership interest in the cooperative entity together with a proprietary lease
D. Fee-simple title directly to the apartment

Question 5

A buyer is looking in several different cities for land to purchase for a shopping center. The buyer has decided to hire several real estate licensees, each representing the buyer in that licensee's city. Which type of agreement would protect the buyer from owing multiple commissions?

A. exclusive agency representation
B. nonexclusive right-to-lease
C. nonexclusive buyer-agency
D. exclusive right to sell

Solutions: