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

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. The Massachusetts Consumer Protection Act (M.G.L. c. 93A)

A) Prohibits use of only deceptive practices in landlord-tenant law.
B) Protects tenants from personal property disputes.
C) Prohibits use of unfair and deceptive practices in business.
D) Protects homeowners who sell their homes without a broker.

2. A broker maintains a trust or escrow account. A $10,000 earnest money deposit is received from a buyer and deposited in the account. Several weeks later and prior to closing, the broker withdraws $7,000 from the account and puts it in an operating account. This transaction is

A) permissible if the seller was informed about the transfer of funds.
B) permissible as long as the broker is entitled to at least $7,000 in commission.
C) a violation of federal banking regulations.
D) an instance of illegal conversion of funds.

3. In a jurisdiction where the common law of agency applies, a broker has listed a home and then presented to the seller an offer from another client of the broker. The offer has been accepted. The broker has what type of agency relationship with the parties?

A) no agency relationship; in this situation the broker becomes a facilitator only
B) seller agency, buyer sub-agency
C) dual agency
D) seller agency, no agency relationship with buyer

4. A 2-year lease on a property has expired. The owner permits the tenant to remain in the house while a new lease is being negotiated. Which of the following types of interest does the tenant now have?

A) tenancy at sufferance
B) tenancy from year to year
C) tenancy in common
D) tenancy at will

5. According to the CAN-SPAM Act, every email advertisement for real estate services must do all of the following EXCEPT

A) clearly indicate the nature of the content of the email.
B) allow a method for the recipient to opt out and not receive future emails.
C) advise the recipient that it will take 180 days to remove the recipient's name from this email list.
D) inform the recipient of the name and location of the brokerage firm.

Solutions: