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MA Real Estate Practice Exam Questions & ANSWERS(GRADED A)
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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 clas...

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Voorbeeld van de inhoud

MA Real Estate Practice Exam Questions &
ANSWERS(GRADED A)

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 into their neighborhood.



Which of the following advertisements would violate fair housing law?



A Private outdoor space

B No elevator access

C Walk-in closet

D Easy access to the highway - ANSWER C Walk-in closet



"Walk-in closet" is an example of discriminatory advertising directed toward those with a physical
disability. A better choice of words would be "spacious closet" or "large closet."



Which of the following activities would a salesperson be able to perform?



A Take listings

B Deposit client money

C Advertise listings

D All of the above - ANSWER D All of the above

, Salespersons are never allowed to handle client money or technically take listings, since the listings
belong to the brokerage. The broker is the one who takes the listing and the salesperson may work to
advertise, sell and negotiate the terms as an extension of the broker.



Under the Fair Housing Act of 1968 and amendments, it is lawful to discriminate based on:



A Religion

B Children

C National origin

D Sexual orientation - ANSWER D Sexual orientation



While sexual orientation is protected under many state's fair housing laws, it is not a protected class
under the Fair Housing Act of 1968 and amendments



All of the following are included in the four unities of joint tenancy, except:



A Unity of time

B Unity of measure

C Unity of interest

D Unity of possession - ANSWER B Unity of measure



The four unities of joint tenancy are time, interest, possession, and title.



A bill of sale is used to convey what?



A Real property

B Personal property

C Property by will

D None of the above - ANSWER B Personal property

, Bills of sale (or receipts) transfer ownership of personal propert



Real property can become personal property by which process?



A Fiduciary

B Annexation

C Severance

D Hypothecation - ANSWER C Severance



The act of severance makes real property become personal property; an example is digging up a tree.



A lease creates an interest(s) known as a:



A Freehold interest

B Non-freehold interest

C Non-freehold and rental only interest

D Non-freehold, transference, and possession interest - ANSWER B Non-freehold interest



A freehold is an ownership interest, and a non-freehold is a possessory interest (for example, a rental).



Tom Brady gives Jimmy Garoppolo the right to his home so long as Jimmy is alive. However, once Jimmy
passes away, the property will revert back to Tom. Jimmy throws wild parties and destroys the house.
Tom brings a lawsuit against Jimmy in order to get him to leave. Under what cause of action would Tom
bring his lawsuit?



A Quiet title

B Failure to pay rent

C Waste

D Partition - ANSWER C Waste

, Waste is a cause of action that future interest holders can bring against a life estate tenant when that
tenant causes damage to the property.



An ownership interest that is more of an ownership of time is a:



A Timeshare

B Interest for years

C Estate for years

D Non-freehold - ANSWER A Timeshare



A timeshare is a form of ownership where the owner only owns the property for a specific period of time
during the year in fee simple, along with a shared interest in the common areas.



The key to a storage locker located in the basement of a condominium building is:



A Realty

B Personalty

C trade fixture

D An emblement - ANSWER B Personalty



A key is an example of personalty (aka personal property or chattel) since it is not directly or indirectly
attached to land.



George is hired to pave Martha's driveway. After George finishes his work, he and Martha have a
disagreement about the work that was done, and Martha refuses to pay him. George files for a lien
against Martha's property to secure payment. This encumbrance is a:



A Attachment lien

B Judgment lien

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