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

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. Who establishes zoning ordinances?

A) regional councils
B) local authorities
C) individual states
D) the federal government

2. Which of the following is among the typical responsibilities of a residential property manager?

A) requesting that the tenant's employer withhold the past due rent from wages
B) making decisions about structural changes that will enhance the property value
C) negotiating leases between the property owner and potential tenants
D) selecting tenants to provide a diverse environment

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

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

4. A licensee listed a property that had an unfinished garage. The licensee received an offer subject to the garage being finished. Was a contractual obligation created?

A) Yes, because a definite and certain offer was made by the buyer.
B) No, because the seller has not accepted the offer.
C) No, because contractual obligations must be in writing and notarized.
D) Yes, because both the seller and buyer offered to enter into a contract.

5. Which of the following is true about mortgage assumptions?

A) The buyer is required to sign a new mortgage note.
B) The seller may or may not be released from liability.
C) The mortgagee automatically releases the seller upon receipt of a warranty deed.
D) The buyer is relieved of personal liability.

Solutions: