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

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

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

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

3. A buyer makes an offer on a property and asks the Seller's broker to recommend a good home inspector. The Seller's broker may

A) Provide the complete list of home inspectors prepared by the Commonwealth of Massachusetts.
B) Recommend a specific home inspector.
C) Provide a list of no fewer than 20 licensed home inspectors in the county where the property is located.
D) Provide business cards of local home inspectors.

4. In a jurisdiction where a seller's property condition disclosure is required, the licensee is responsible for

A) ensuring that the seller complete the property condition disclosure before closing.
B) ensuring that the buyer receives the property disclosure before the contract is finalized.
C) checking the disclosure for accuracy and ensuring that the buyer receives it before closing.
D) completing the property condition disclosure.

5. Prospective buyers for a house want to operate a recycling center in their backyard. Local zoning laws do not allow this. What do they need to do first?

A) Obtain a building permit.
B) Obtain a variance or special exception.
C) Obtain a modification to the local master plan.
D) File an appeal with the local court.

Solutions: