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MASSACHUSETTS PORTION OF REAL ESTATE; Questions and Answer 100% Solved

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  • MA Real Estate
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  • MA Real Estate

MASSACHUSETTS PORTION OF REAL ESTATE; Questions and Answer 100% Solved DUTIES AND POWERS OF THE BOARD OF REGISTRATION A. Examine Records B. Conduct Investigations C. Hold Hearings D. Chp 112 Section 87AAA: (complaints, investigations, revocation or suspension, grounds and penalities). POW...

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  • August 26, 2024
  • 38
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • MA Real Estate
  • MA Real Estate
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MASSACHUSETTS PORTION OF REAL
ESTATE; Questions and Answer 100% Solved
DUTIES AND POWERS OF THE BOARD OF REGISTRATION ✔✔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 ✔✔A. Summon witnesses and

records


B. Hear testimony under oath


C. Take disciplinary actions


D. Reconsider any decision and reissue or reinstate a license that has been

refused


NOTICE OF HEARING REQUIREMENTS ✔✔A. 10 day notice in writing to all

parties

, MASSACHUSETTS PORTION OF REAL
ESTATE; Questions and Answer 100% Solved
B. Notice must contain the grounds for the complaint and a copy of the

complaint or charges


DECISIONS OF THE BOARD ✔✔A. Must be by majority vote & contain the basis

for the


boards action


B. Must be sent to all parties concerned


C. Must be reported to the attorney general


RIGHTS OF THE ACCUSED AND CONDUCTS OF HEARINGS ✔✔A. Hearings are


conducted in a manner similar to a legal trial


B. Accused may be represented by any attorney, but the board doesn't have to

furnish counsel


POWERS OF THE SUPERIOR COURT ON APPEAL ✔✔A. Affirm or annul the boards


decision


B. Make a new decision

C. Assess costs if either party acted in bad faith

, MASSACHUSETTS PORTION OF REAL
ESTATE; Questions and Answer 100% Solved
**NOTE: Licensees are forbidden to continue practice pending outcome of

appeal


Suspension, Revocation, Refusal to Renew License ✔✔1. Made any Substantial


Misrepresentation


2. Acting in Dual capacity (working for the other person as well as your principal)


3. Dual agency without disclosing to parties


Suspension, Revocation, Refusal to Renew License ✔✔4. Failed to account for

any money


belonging to others


5. Paid or shared fees to unlicensed persons


6. Accepted, gave, or charged any undisclosed commission, rebate, or profit on

expenditures for


a principal


Suspension, Revocation, Refusal to Renew License ✔✔7. Induced a party to

break a contract for

, MASSACHUSETTS PORTION OF REAL
ESTATE; Questions and Answer 100% Solved
personal gain


8. Commingling of money or property of a principal


9. Failed to give a copy of purchase & sale agreement to buyer and seller


Suspension, Revocation, Refusal to Renew License ✔✔10. Committed any act

expressly


prohibited by license law.


11. Found guilty of blockbusting (panic peddling) and Commission against

discrimination


(MCAD)


12. Accepted a NET LISTING from a prospective seller


Suspension, Revocation, Refusal to Renew License ✔✔13. Advised against using

an Attorney in


any real estate transaction


14. Lack of good moral character resulting in conviction of a criminal offense


15. Failed to comply with the out-of-state property registration act

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