Massachusetts Real Estate Exam Package Deal

harmed by them not following through Encroachment - Answer illegal intrusion or trespass into or over the property of another. such as a wall or fence Nuisance - Answer Interferes with quiet enjoyment and is an encroachment. Private nuisance= small area and can take court action Public Nuisan...

Blockbusting causes: A Trust busting B Panic peddling C Blind advertising D Redlining - Answer B. Panic Peddling Blockbusting causes panic peddling (also known as panic selling), where homeowners quickly sell their homes for fear of a drop in home values due to the entry of a protected class...

DUTIES AND POWERS OF THE BOARD OF REGISTRATION - Answer 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 - Answer A. Summon witnesses a...

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 scenario, the broker is... - Answer still entitled to collect a commission. Af...

Q2 Which of the following is a legal, but not an ownership, interest ?A) A leasehold B) An encroachment C) An easement d) Subterranean rights - Answer A. A leasehold, The other interests represent either an ownership interest or a potential ownership interest. Which of the following could be an e...

Emma, a Massachusetts licensed salesperson, wants to place an advertisement in Brookline's local real estate magazine. What must she be sure to include? A. A fair housing statement B. Her broker's complete information C. Her email address D. Her license number - Answer B Evan bought i...

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?...

A licensee who has passed the broker's state examination, but desires to continue to operate under an owner-employer, will be a what under the law? - Answer Broker If a home owner was hoping to purchase a second home, but did not have plans to sell their primary residence necessarily, which of t...