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

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

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. According to the Massachusetts Fair Housing Law, it is unlawful to ask prospective tenants questions about their

A) Occupation.
B) Income.
C) Place of birth.
D) Criminal history.


2. Which of the following are potential remedies for violating Massachusetts General Laws Chapter 93A?

A) Fine of not more than $11,000
B) 1 year probation
C) Imprisonment
D) Double or triple damages, attorney's fees and court costs


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

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


4. The heir to a large estate will be of legal age within 30 days. The heir lists for sale with a broker one of the properties held by the estate. The broker knows of a buyer for the property and sells it within 24 hours of listing, with closing to be in 45 days. Both listing and sale contracts are

A) fulfilled.
B) executed.
C) executory.
D) voidable.


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


Solutions:

Question # 1
Answer: C
Question # 2
Answer: D
Question # 3
Answer: C
Question # 4
Answer: D
Question # 5
Answer: A

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