PACKAGE::-MASSACHUSETTS REAL ESTATE EXAMS(LATEST UPDATE)

Massachusetts Real Estate Exam; Questions and Answer 100% Solved 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 Nu...

Massachusetts Real Estate Exam; Questions and Answer 100% Solved 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; everyt...

Massachusetts Real Estate Salesperson License; Questions and Answer 100% Solved 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 salespers...

Massachusetts Real Estate Test Definitions (2024/2024); Questions and Answer 100% Solved 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 ...

MA Real Estate Exam General Questions; Questions and Answer 100% Solved Broker acts as a point of contact between two or more people in negotiating the sale, purchase, or rental of property Slesperson Conducts brokerage activities on behalf of the broker. The broker is responsible for the...

MA Real Estate Exam Study Guide 2024; Questions and Answer 100% Solved Appraisal An estimation of a property's value, usually prepared by a professional who is licensed in this field. Brokerage The business of bringing people together in a real estate transaction. Commerical The types of...

MA Real Estate License - State Exam; Questions and Answer 100% Solved A licensed RE broker finds a ready, willing and able buyer for the seller. The seller initial signs and accepts the buyer's written offer, then later changes his mind and withdraws the acceptance of the offer. In this sc...

MA Real Estate Practice Exam Questions; Questions and Answer 100% Solved Blockbusting causes: A Trust busting B Panic peddling C Blind advertising D Redlining B. Panic Peddling Blockbusting causes panic peddling (also known as panic selling), where homeowners quickly sell their homes for ...

MA Real Estate Pre-license Study Guide; Questions and Answer 100% Solved Acceleration Clause The clause in a mortgage that can be enforced to make the entire debt due if the mortgage defaults on any covenant in the mortgage Accession Acquiring land from deposit of soil washed up from a river,...

PSI MA Real Estate Exam Study Guide 2024/25 Questions and Answer 100% Solved Appraisal An estimation of a property's value, usually prepared by a professional who is licensed in this field. Brokerage The business of bringing people together in a real estate transaction. Commerical The ty...