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Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. Which of the following assurances is provided to home buyers who purchase a $75,000 property with an FHA- insured mortgage?

A) The property is not subject to eminent domain.
B) The neighborhood values will increase.
C) A down payment is not required.
D) The property has been appraised for value.

2. When real estate brokers and salespersons engage in renting residential dwelling units, they must provide a prospective tenant with written notice of the

A) Amount of the rent.
B) Presence of any sex offenders living in the neighborhood.
C) Name and address of the landlord.
D) Amount of fee, if any, that the prospective tenant will have to pay for the broker's services.

3. A buyer files a complaint against a licensee with the Massachusetts Commission Against Discrimination (MCAD). MCAD denies the complaint because the buyer filed it too long after the discriminatory incident occurred. Within how many days after the alleged incident must a complaint be filed to be considered?

A) 365
B) 150
C) 200
D) 300

4. What is the difference between a license to use property and an easement?

A) There must be consideration paid for an easement.
B) An easement can be cancelled by the issuer.
C) There must be consideration paid for a license.
D) A license can be cancelled by the issuer.

5. A licensee whose license has been suspended is required to

A) Do nothing; no action is required.
B) Appeal the decision within 14 days.
C) Stop working, but may still make referrals.
D) Surrender the license to the Board of Registration.

Solutions: