A package deal of Massachusetts Real Estate Exam Questions with Correct Answers Already Passed

If you are under 18, what hours can you not drive, and who can you drive it with? 12:00- 5:00a.m., you can drive if you are with a licensed parent How long after getting a JOL can a teen not drive with someone in the car who is under 18, and who must accompany you in order for you to? 6 months, ...

DUTIES AND POWERS OF THE BOARD OF REGISTRATION A. Examine Records B. Conduct Investigations C. Hold Hearings D. Chp 112 Section 87AAA: (complaints, investigations, revocation or suspension, grounds and penalities). POWERS OF THE BOARD REGARDING HEARINGS A. Summon witnesses and records B. Hea...

Estoppel one promises to do something and another relies on that promise and is harmed by them not following through Encroachment illegal intrusion or trespass into or over the property of another. such as a wall or fence Nuisance Interferes with quiet enjoyment and is an encroachment. Private...

Bundle of Rights An ownership concept describing all the legal rights that attach to the ownership of real property. ( posession, control, enjoyment, exclusion, disposition) Personal Property Chattel; movable/ portable; everything that "falls out" of a house that is turned upside down Ripari...

RE Salesperson License requirements? 18 years old, 40 hour class, pass the exam, must affiliate with a broker to practice and may not accept direct client payments Broker's License requirements? 3 years salesperson experience, 40 hour class, pass the exam, $5,000 bond and pay a fee. What is M...

21E Certificate Certifies that property is free from contamination 203(b) FHA financing program for anyone purchasing a primary 1-4 family, owner-occupied residence 1031 Exchange Way to defer capital gains tax; property owner must re-invest profits from the sale of an investment property into ...

Leslie is selling her house and has no knowledge of any plumbing problems. However, the plumbing stack is seriously corroded and will require replacement soon. In the seller property condition disclosure, how should Leslie respond when asked whether she has any knowledge of plumbing system pro...