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

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. A buyer is looking in several different cities for land to purchase for a shopping center. The buyer has decided to hire several real estate licensees, each representing the buyer in that licensee's city. Which type of agreement would protect the buyer from owing multiple commissions?

A) exclusive agency representation
B) nonexclusive right-to-lease
C) nonexclusive buyer-agency
D) exclusive right to sell

2. Real estate taxes that are paid in advance are prorated on the closing statement as

A) a debit to buyer; a credit to seller.
B) a credit to buyer; a debit to seller.
C) no entry to buyer; a debit to seller.
D) no entry to buyer; a credit to seller.

3. A broker lists a property for ninety days. A buyer stops at the owner's residence and makes an offer for the property, which the owner accepts. The broker has no knowledge of the sales agreement between the buyer and the owner. The broker is entitled to a commission from the sale if the agreement the broker had with the owner was a(n)

A) Open listing.
B) Exclusive right-to-sell listing.
C) Net listing.
D) Exclusive agency listing.

4. If owners ask a broker not to show a property to recipients of government assistance, the broker must

A) Accept the listing.
B) Inform the Massachusetts Commission Against Discrimination.
C) Inform the Board of Registration.
D) Refuse the listing.

5. A salesperson owns an apartment complex in Boston. The salesperson has decided to advertise the property for sale in a local newspaper and personally sell it. If the salesperson proceeds in this manner, the salesperson is

A) Violating the law because the salesperson is not a broker and cannot advertise.
B) Violating the law because a salesperson may not sell an income-producing property.
C) Not violating the law because the broker-salesperson distinction does not apply to commercial properties.
D) Not violating the law because the salesperson has all the rights of a non-salesperson owner.

Solutions: