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Free Massachusetts Real Estate Salesperson Exam Practice Questions

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Total Questions : 350

Start with our free Massachusetts-Real-Estate-Salesperson practice questions, carefully crafted to mirror the domains, phrasing, and difficulty of the real Massachusetts Real Estate exam. Each Massachusetts-Real-Estate-Salesperson exam question comes with a detailed rationale that explains not just which answer is correct but why the others fall short. That's how concepts stick. Use the free set to benchmark yourself: identify your Real Estate weak domains, see where you're losing marks, and build a focused study plan in minutes.

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Question # 61

A seller is selling a Massachusetts residence constructed before 1978 to buyers who have a four-year-old child. Which statement is correct?

Options:

A.  

The seller must fully delead the property before any sale can occur.

B.  

The buyers must obtain a lead inspection before purchasing.

C.  

The seller and involved real-estate licensees must provide the required Property Transfer Lead Paint Notification before the purchase-and-sale agreement.

D.  

Lead-notification rules apply only to rentals.

Discussion 0
Question # 62

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

Options:

A.  

Interest on security deposits begins after the first year of tenancy.

B.  

Leases terminate when the property is sold.

C.  

Death of the landlord terminates residential leases.

D.  

Tenancies at will are enforceable under the law.

Discussion 0
Question # 63

A farmer openly uses and cultivates a portion of a neighbor ' s land without permission continuously for 20 years. Under Massachusetts law, which doctrine could potentially allow the farmer to acquire title to that land?

Options:

A.  

Easement by necessity

B.  

Adverse possession

C.  

Prescription by lease

D.  

Escheat

Discussion 0
Question # 64

A tenant in a building that is being converted to condominiums is required to receive an opportunity to purchase the unit the tenant occupies at terms

Options:

A.  

20% less than that offered to the general public.

B.  

15% less than that offered to the general public.

C.  

At a monthly payment equal to the tenant ' s current monthly rent.

D.  

Equal to or better than that offered to the general public.

Discussion 0
Question # 65

Which statement most accurately summarizes the Massachusetts real estate salesperson ' s legal position within a brokerage?

Options:

A.  

The salesperson operates an independent brokerage and may control escrow funds

B.  

The salesperson may practice without broker supervision after passing the exam

C.  

The salesperson performs licensed brokerage activities through and under the supervision of the employing broker

D.  

The salesperson has the same independent authority as the broker of record

Discussion 0
Question # 66

A residence has severely outdated plumbing and an obsolete floor plan that reduce its market appeal. What type of depreciation does this represent?

Options:

A.  

Physical deterioration only

B.  

Functional obsolescence

C.  

External obsolescence

D.  

Appreciation

Discussion 0
Question # 67

A property owner has the right to sell, lease, mortgage, give away, or otherwise transfer an ownership interest in real estate. Which element of the bundle of rights describes this power?

Options:

A.  

Disposition

B.  

Alienation

C.  

Possession

D.  

Exclusion

Discussion 0
Question # 68

What is the difference between a license to use property and an easement?

Options:

A.  

A license can be cancelled by the issuer.

B.  

An easement can be cancelled by the issuer.

C.  

There must be consideration paid for a license.

D.  

There must be consideration paid for an easement.

Discussion 0
Question # 69

Licensee A and Licensee B work for a principal broker for ABC Realty. For Licensee A, the principal broker supervises the work as a listing/buyer’s agent, collects commissions, and pays out based on their commission split agreement. Licensee A works from home and attends training meetings at the office. Licensee B works 8 a.m. to 4 p.m. in the ABC Realty office for relocations, showing local properties to relocating clients. Licensee B is licensed to show homes and submits offers for purchase from individuals who are relocating but is paid by salary based on hours worked, with a bonus for production. What are Licensee A and B’s relationships with ABC Realty?

Options:

A.  

Licensee A is an employee and Licensee B is a contractor.

B.  

Licensee A is a contractor and Licensee B is an employee.

C.  

Licensee A and Licensee B are both contractors.

D.  

Licensee A and Licensee B are both employees.

Discussion 0
Question # 70

At settlement, a mortgage lender requires the borrower to deposit $345 into an escrow account. For what purpose would those funds most commonly be held?

Options:

A.  

Brokerage commissions

B.  

Property taxes and homeowners insurance

C.  

Furniture purchases

D.  

Seller ' s moving costs

Discussion 0

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