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

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. Which type of deed provides the purchaser of real estate the greatest protection?

A) quitclaim deed
B) trustee's deed
C) deed in trust
D) general warranty deed

2. A buyer files a complaint against a licensee with the Massachusetts Commission Against Discrimination (MCAD). MCAD denies the complaint because the buyer filed it too long after the discriminatory incident occurred. Within how many days after the alleged incident must a complaint be filed to be considered?

A) 200
B) 365
C) 300
D) 150

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

4. The Massachusetts Consumer Protection Act requires that

A) The seller's information be kept confidential.
B) The seller disclose all offers received.
C) The buyer be informed of all offers.
D) The broker disclose known material defects.

5. A broker may withdraw money from the broker's escrow account

A) To cover the broker's commission.
B) When the transaction has been consummated.
C) When ordered by the seller's attorney.
D) To pay for advertising expenses related to the sale.

Solutions: