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

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

Question 1

Inactive salespersons are permitted to perform which of the following activities?

A. Affiliate with inactive brokers.
B. List homes by telephone.
C. Refer potential buyers to an active salesperson in exchange for a fee from the salesperson.
D. Refer potential listings to an active broker in exchange for a fee from the active broker.

Question 2

The Massachusetts Consumer Protection Act requires that

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

Question 3

If a lender has granted a VA-guaranteed loan to a veteran, the veteran

A. may sell the property to another veteran who assumes the loan.
B. cannot prepay any of the principal amount of the loan.
C. makes the down payment directly to the VA.
D. cannot apply for another VA loan in the veteran's lifetime.

Question 4

The Massachusetts Consumer Protection Act requires that

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

Question 5

Which statement correctly describes an option to purchase real estate?

A. The optionor may decide whether the optionee is permitted to purchase after exercise
B. Both parties are immediately obligated to close
C. The optionee receives the right, but not initially the obligation, to purchase on stated terms during the option period
D. The optionee must purchase immediately upon signing

Solutions: