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Real Estate Licensing Massachusetts-Real-Estate-Salesperson Exam Dumps

Vendor

Real Estate Licensing

Exam Code

Massachusetts-Real-Estate-Salesperson

Exam Name

Massachusetts Real Estate Salesperson Exam

Exam Duration

Total Questions

135

$ 49

PDF VERSION

DEMO QUESTIONS

Q1:

The provisions of the Real Estate License Law apply to which of the following individuals?

A: A regular employee of a property owner who conducts lease transactions on the property

B: A licensed person who for a fee receives a referral from a licensed broker

C: A property manager who handles the sale of units within a managed condominium complex

D: Salespersons who sell their primary residences

Correct Answer: C

Q2:

A broker has a single agency relationship with the seller. Any required property condition disclosure would be completed by the

A: seller.

B: broker.

C: listing agent on behalf of broker.

D: listing agent on behalf of seller.

Correct Answer: A

Q3:

The Massachusetts Consumer Protection Act (M.G.L. c. 93A)

A: Protects homeowners who sell their homes without a broker.

B: Protects tenants from personal property disputes.

C: Prohibits use of unfair and deceptive practices in business.

D: Prohibits use of only deceptive practices in landlord-tenant law.

Correct Answer: C

Q4:

Which of the following assurances is provided to home buyers who purchase a $75,000 property with an FHA-insured mortgage?

A: The property is not subject to eminent domain.

B: The neighborhood values will increase.

C: A down payment is not required.

D: The property has been appraised for value.

Correct Answer: D

Q5:

Which of the following is true about a competitive market analysis?

A: It is employed for insurance purposes.

B: It is used to establish depreciable value.

C: It is usually based on local tax assessment.

D: It is useful to the buyer as well as to the seller.

Correct Answer: D

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