Massachusetts State Exam Questions and Answer Graded A
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Course
Massachusetts State
Institution
Massachusetts State
Massachusetts State Exam Questions
and Answer Graded A
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 aske...
Massachusetts State Exam Questions
and Answer Graded A
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 problems?
No
Members of the Board of Registration of Real Estate Brokers and Salespersons are selected
by which of the following?
the governor
To whom does the responsibility belong for the preparation of promissory notices involved
in a closing?
lender
Nelson is a broker who has a listing agreement with a seller. The buyer's broker has
learned about the property through the MLS. When should the cooperating broker identify
his representation to Nelson?
Prior to the showing
Howard contacts a real estate office and indicates an interest in buying a home in the
community. Sue is a salesperson at the agency who meets with Howard during his visit.
Which of the following actions should NOT be taken by Sue?
,She may advise Howard on how much to offer for a home in the area.
Which of the following persons must have a real estate broker's license in order to transact
business?
A person who negotiates the sales of entire businesses, including stock equipment and buildings,
for a promised fee.
Which of the following conditions must be met in order for a partnership, association, or
corporation to be granted a license in Massachusetts?
if a designated officer or partner has been issued a broker's license
A Massachusetts home owner knows the house contains lead paint but her children have
never been shown to have elevated blood lead levels. Must the property owner take any
further action?
yes, she must abate defective lead paint
Peter, a licensed broker, finds a buyer for his seller-principal, the Noonans. After accepting
the buyer's offer in writing, the Noonans change their minds and withdraw their
acceptance. Which of the following is Peter's recourse?
Peter is entitled to collect a commission.
Which of the following does NOT have to be disclosed by a real estate agent under
Massachusetts Stigmatized Property Law?
a ghost
, Which of the following is NOT required of a broker in any real estate transaction that the
broker negotiates?
Provide a personal opinion on the condition of the seller's title to the property
Andrea is a salesperson who engaged in activities that constituted violations of the
Massachusetts Fair Housing Law. This is her first offense. In addition the actions taken by
the court, what must the Board of Registration of Real Estate Brokers and Salespersons
do?
suspend her license for a period of sixty days
What information must be included on a real estate broker's web site in Massachusetts?
name and address of the broker's office and the states in which the brokerage holds licenses
After what period of time do unclaimed estates escheat to the state?
20 years
Which one of the following activities is NOT considered "engaging in the real estate
business" ?
reselling a mobile home
Which of the following is NOT grounds for revocation of a broker's license in
Massachusetts?
agreeing with a seller to accept a listing for higher than the normal commission rate
If a licensee has allowed her license to expire, how long does she have to reinstate it without
paying a penalty?
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