Free Massachusetts-Real-Estate-Salesperson Questions for Real Estate Massachusetts Real Estate Salesperson Massachusetts-Real-Estate-Salesperson Exam as PDF & Practice Test Engine
Active licensees renewing a real estate license must have completed how many hours of continuing education during the two years prior to the scheduled renewal?
Correct Answer: C
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Which of the following is true about mortgage assumptions?
Correct Answer: D
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Under Housing and Urban Development guidelines, when an advertisement includes the phrase "walk to bus- stop," the advertisement is
Correct Answer: A
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The Massachusetts Consumer Protection Act (M.G.L. c. 93A) does NOT apply to which of the following persons?
Correct Answer: C
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A buyer is considering a property in one of the subdivisions of a Planned Unit Development (PUD). The buyer noticed nearby properties having detached garages and workshops. The buyer mentions to their agent that they want to build a detached building on the back of the lot for a home business. There is an HOA for this subdivision. Additionally, there are overarching covenants, conditions, and restrictions (CC&Rs) for the PUD. What actions, if any, should be taken by the broker to assure the buyer can use the property as they wish?
Correct Answer: D
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The Massachusetts Consumer Protection Act requires that
Correct Answer: A
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A client makes an offer on a residential property and provides a check for $2,000 as earnest money. The client instructs his buyer agent to hold the check for five days so it will clear the bank. What should the agent do with the check?
Correct Answer: A
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A buyer and seller agreed upon a selling price for a property and both signed a written agreement. As part of the contract, the buyer reserved the right to cancel the sale if the buyer's house, which was on the market, did not sell within 30 days. This contract is
Correct Answer: A
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A buyer is purchasing a $625,000 property. The lender requires a 20% down payment to avoid mortgage insurance. The buyer provided $5,000 in earnest money. The buyer closing costs are $13,000. What is the amount the buyer must bring to settlement to close the transaction?
Correct Answer: B
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When a licensee is hired to find a tenant for a summer vacation home on Cape Cod built in 1950, for a period of two weeks,
Correct Answer: D
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