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Massachusetts State Exam 2024/25 Questions and Answer 100% Solved $15.99   Add to cart

Exam (elaborations)

Massachusetts State Exam 2024/25 Questions and Answer 100% Solved

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  • Course
  • MA Driver\'s Ed
  • Institution
  • MA Driver\'s Ed

Massachusetts State Exam 2024/25 Questions and Answer 100% Solved 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 r...

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  • August 26, 2024
  • 37
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MA Driver's Ed
  • MA Driver's Ed
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TheeGrades
Massachusetts State Exam 2024/25 Questions
and Answer 100% Solved
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?

, Massachusetts State Exam 2024/25 Questions
and Answer 100% Solved
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

, Massachusetts State Exam 2024/25 Questions
and Answer 100% Solved
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

, Massachusetts State Exam 2024/25 Questions
and Answer 100% Solved
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

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