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

SectionWeightObjectives
General Real Estate Knowledge67%- Laws of Agency
  • 1. Duties of Agents
  • 2. Agency Relationships
  • 3. Disclosure Requirements
- Contracts
  • 1. Purchase Agreements
  • 2. Contract Law
  • 3. Leases
- Valuation and Market Analysis
  • 1. Appraisal Principles
  • 2. Market Value
  • 3. Comparative Market Analysis
- Real Estate Practice
  • 1. Settlement Procedures
  • 2. Transfer of Title
  • 3. Listings
- Property Ownership
  • 1. Types of Ownership
  • 2. Land Characteristics
  • 3. Property Rights
- Financing
  • 1. Mortgage Types
  • 2. Loan Qualification
  • 3. Financing Instruments
Massachusetts Real Estate Law33%- Massachusetts License Law
  • 1. Disciplinary Actions
  • 2. Consumer Protection
  • 3. Board Regulations
- Massachusetts Real Estate Practices
  • 1. Escrow Requirements
  • 2. Agency Disclosure
  • 3. Advertising Rules
- Licensing Requirements
  • 1. Salesperson Licensing Rules
  • 2. Continuing Education
  • 3. License Renewal

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

When performing its duties, the Board of Registration protects and safeguards the interests of the

  • A. General public.
  • B. Governor ' s office.
  • C. State legislature.
  • D. Licensees.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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Weather conditions make it impossible to conduct a required Massachusetts Title 5 inspection before closing.
How long after the sale can the inspection generally be completed under the weather exception?

  • A. Six months
  • B. Three months
  • C. 30 days
  • D. Two years
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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A homeowner sells a single-family house and purchases the right to occupy a unit in a cooperative building.
What does the purchaser generally acquire?

  • A. An easement in gross
  • B. Shares or membership interest in the cooperative entity together with a proprietary lease
  • C. A life estate in the entire building
  • D. Fee-simple title directly to the apartment
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Which of the following statements about the leasing of apartments in Massachusetts is correct?

  • A. Tenancies at will are enforceable under the law.
  • B. Interest on security deposits begins after the first year of tenancy.
  • C. Leases terminate when the property is sold.
  • D. Death of the landlord terminates residential leases.
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

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A broker receives a buyer ' s earnest-money check and places it promptly into the required brokerage escrow account rather than the broker ' s operating account. Which prohibited practice is this procedure designed to avoid?

  • A. Puffing
  • B. Steering
  • C. Blockbusting
  • D. Commingling
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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