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

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. The provisions of the Real Estate License Law apply to which of the following individuals?

A) A regular employee of a property owner who conducts lease transactions on the property
B) Salespersons who sell their primary residences
C) A property manager who handles the sale of units within a managed condominium complex
D) A licensed person who for a fee receives a referral from a licensed broker

2. Which of the following types of agreements applies when the seller retains the right to sell?

A) Net Listing
B) MLS Listing
C) Exclusive Right to Sell Listing
D) Exclusive Agency Listing

3. An offer of $569,000 is verbally accepted by a seller. Two hours later an offer of $589,000 is presented to the seller, which the seller accepts in writing. Based on the above situation the first buyer is

A) Not entitled to purchase the property.
B) Entitled to an additional offer.
C) Entitled to purchase the property.
D) Not entitled to the status as a backup offer.

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

5. Which of the following is incorrect regarding carbon monoxide inspection?

A) The inspection must be completed as a prerequisite to sell a residential property burning fossil fuel.
B) There is no additional fee if the inspection is done at the same time as the smoke detector inspection.
C) The inspection must be completed by a building inspector.
D) The inspection must be completed by the local fire department.

Solutions: