- Exam Code: Massachusetts-Real-Estate-Salesperson
- Exam Name: Massachusetts Real Estate Salesperson Exam
- Certification Provider: Real Estate
- Corresponding Certification:Massachusetts Real Estate
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Real Estate Massachusetts Real Estate Salesperson Sample Questions:
1. Two top licensees in a small town have agreed not to show listings of a new real estate firm charging a low commission rate to sellers. This behavior is a violation of the
A) federal fair housing laws.
B) Sherman Antitrust Act.
C) Equal Credit Opportunity Act.
D) Blue-Sky laws.
2. A ranch house with a double garage is being valued. The house next door, which is similar except that it lacks a garage and has an outside deck, was sold last month for $138,000. Experience in that area shows that a two- car garage is probably worth $10,000 to buyers, while in general, they will pay only $500 extra for a deck.
The ranch house is most likely to sell for around
A) $123,500
B) $148,500
C) $128,500
D) $147,500
3. A home warranty for a previously owned home would usually cover which of the following items?
A) structure or flooding issues after closing
B) only home systems such as the roof, plumbing, and foundation
C) major appliances and home systems such as electric, heating, and plumbing
D) major appliances, the buyer's personal property, and any seller added fixtures
4. A building was purchased for $350,000 with a 20% down payment. If the lender charged the buyer three discount points, how much will the buyer need to close?
A) $360,500
B) $80,500
C) $78,400
D) $61,600
5. A 2-year lease on a property has expired. The owner permits the tenant to remain in the house while a new lease is being negotiated. Which of the following types of interest does the tenant now have?
A) tenancy from year to year
B) tenancy at sufferance
C) tenancy at will
D) tenancy in common
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: B | Question # 5 Answer: C |
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