Massachusetts Real Estate License Exam Practice – KGO | 435 Questions with 100% Correct Answers | Verified | Latest Update 2024 | 121 Pages

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 - B Evan bought into a Massachusetts housing cooperative that's focused on cultural exchange. Each month the co-op residents have dinner meetings and share food and culture from their respective regions. When Evan made his purchase, he received a proprietary lease for his unit. What else did he receive? A. Contract of mortgage B. Deed C. Plat maps D. Shares in the cooperative corporation - D Sylvia, 15, and her neighbor, Marge, 24, agree that Sylvia will babysit Marge's toddler for the summer for $10 an hour. What type of contract is this? A. Enforceable B. Unilateral C. Valid D. Voidable - DMassachusetts requires that agency disclosures be given to consumers who are considering becoming clients of a licensee. In what other circumstance must an agency disclosure be provided? A. At an open house, to inform all attendees about types of agency available B. When a licensee and client meet to discuss an offer C. When an offer is made to a seller, to let all parties know who the licensee represents D. When anyone comes into the brokerage office - C