Massachusetts real estate - Study guides, Class notes & Summaries

Estoppel - correct answer one promises to do something and another relies on that promise and is harmed by them not following through Encroachment - correct answer illegal intrusion or trespass into or over the property of another. such as a wall or fence Nuisance - correct answer Interferes with quiet enjoyment and is an encroachment. Private nuisance= small area and can take court action Public Nuisance = large area and takes city action Rectangular Survey System - correct answer sys...

Massachusetts Real Estate Exam Questions and Answers 2024

MASSACHUSETTS REAL ESTATE EXAM GUIDE EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+ Abandonment - -Lessee leaves without consent of lessor before lease expires, does not break lease or relieve lessee of obligations. Abatement - -Diminution of taxes Abstract of Title - -Condensed history of legal title, summarizing all instruments in chain of ownership, provided by lender's attorney and paid by the borrower. Abutting - -Neighboring land with a common boundary. Acceleration Clause - -A cl...

Massachusetts Real Estate Salesperson License Questions and Answers 100% Pass RE Salesperson License requirements? 18 years old, 40 hour class, pass the exam, must affiliate with a broker to practice and may not accept direct client payments Broker's License requirements? 3 years salesperson experience, 40 hour class, pass the exam, $5,000 bond and pay a fee. What is MLS? Multiple Listing Service. It's a marketing tool used by Salespeople to show their listings. Difference between RE Salesp...

MASSACHUSETTS REAL ESTATE EXAM (ACTUAL) LATEST 2024 WITH 130+ EXPERT CERTIFIED QUESTIONS AND ANSWERS I ALREADY GRADED A+ BRAND NEW!

MASSACHUSETTS REAL ESTATE SALESPERSON LICENSE/ EXAM REVIEW QUESTIONS AND ANSWERS, GRADED A+ RE Salesperson License requirements? - -18 years old, 40 hour class, pass the exam, must affiliate with a broker to practice and may not accept direct client payments Broker's License requirements? - -3 years salesperson experience, 40 hour class, pass the exam, $5,000 bond and pay a fee. What is MLS? - -Multiple Listing Service. It's a marketing tool used by Salespeople to show their listings...

Massachusetts Real Estate Exam Questions and Answers 2024

Massachusetts Real Estate License Test with Questions Solved 100% Correct| Verified

Blockbusting causes: A Trust busting B Panic peddling C Blind advertising D Redlining - 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 - C Walk-in close...

Massachusetts Real Estate Test Definitions (2022/2023) Already Passed