- Exam Code: Massachusetts-Real-Estate-Salesperson
- Exam Name: Massachusetts Real Estate Salesperson Exam
- Certification Provider: Real Estate
- Corresponding Certification:Massachusetts Real Estate
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Real Estate Massachusetts-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Massachusetts Real Estate Law | 33% | - Licensing Requirements
|
| General Real Estate Knowledge | 67% | - Valuation and Market Analysis
|
Real Estate Massachusetts Real Estate Salesperson Sample Questions:
For Massachusetts real-estate brokerage recordkeeping, transaction and escrow records generally must be retained for at least:
- A. Ten years
- B. Three years
- C. One year
- D. Two years
Correct Answer: B 🗳️
Explanation: Only visible for TrainingDump members. You can sign-up / login (it's free).
Which leasehold estate automatically continues for successive periods until properly terminated by either landlord or tenant?
- A. Estate at sufferance
- B. Periodic tenancy
- C. Life estate
- D. Estate for years
Correct Answer: B 🗳️
Explanation: Only visible for TrainingDump members. You can sign-up / login (it's free).
If a lender has granted a VA-guaranteed loan to a veteran, the veteran
- A. cannot apply for another VA loan in the veteran's lifetime.
- B. makes the down payment directly to the VA.
- C. cannot prepay any of the principal amount of the loan.
- D. may sell the property to another veteran who assumes the loan.
Correct Answer: D 🗳️
Explanation: Only visible for TrainingDump members. You can sign-up / login (it's free).
In Massachusetts, deeds are recorded at the
- A. State registry.
- B. County registry.
- C. City or town hall.
- D. Massachusetts Board of Registration.
Correct Answer: B 🗳️
Explanation: Only visible for TrainingDump members. You can sign-up / login (it's free).
A private integrated club refused to rent one of its condos to a minority family. The club explained that it did not rent the condos to the public since the condos were for members only. Is the club in violation of the federal Fair Housing Act, and if so, how?
- A. No, because as an integrated club, they could discriminate on the basis of race in renting facilities.
- B. Yes, because the club had minority members, and therefore was not eligible for exemptions from the federal Fair Housing Act.
- C. No, because a private club may restrict the rental of its own lodgings to its members as long as the lodgings are not operated commercially.
- D. Yes, because when race is involved, no exceptions to the federal Fair Housing Act exist.
Correct Answer: D 🗳️
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