Real Estate Massachusetts Real Estate Salesperson : Massachusetts-Real-Estate-Salesperson

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Real Estate Massachusetts-Real-Estate-Salesperson Exam Syllabus Topics:

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. A salesperson's client is the lessee. Who does the salesperson represent?

A) lender
B) tenant
C) landlord
D) lien holder

2. A buyer is purchasing a 3-acre property and is paying $12,000 per acre. The cooperating fee is 3½% of the sale price. The buyer's agent will receive 55% of the cooperating fee from a broker. How much commission did the buyer's agent receive?

A) $231
B) $1,260
C) $693
D) $1,386

3. A prospective tenant wishes to rent an apartment and is told by the owner that the owner does not want to rent to anyone with children because of the lead paint. The prospective tenant, who has children ages four, six, and nine years old, is not concerned about lead paint and wants to rent the apartment for six months. The owner agrees to lease them the unit. Concerning the lead paint, the owner must

A) De-lead or make lead-safe whether the tenant requires it or not.
B) Wait to de-lead until the owner has sufficient funds.
C) Write into the lease that the tenant has agreed that de-leading is not necessary.
D) Not de-lead because this is only a six-month lease.

4. The Massachusetts Consumer Protection Act requires that

A) The broker disclose known material defects.
B) The buyer be informed of all offers.
C) The seller's information be kept confidential.
D) The seller disclose all offers received.

5. A buyer is looking in several different cities for land to purchase for a shopping center. The buyer has decided to hire several real estate licensees, each representing the buyer in that licensee's city. Which type of agreement would protect the buyer from owing multiple commissions?

A) exclusive right to sell
B) nonexclusive buyer-agency
C) nonexclusive right-to-lease
D) exclusive agency representation

Solutions: