Real Estate Massachusetts-Real-Estate-Salesperson

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

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. When practicing as a facilitator, the facilitator

A) Must represent a seller or a buyer.
B) Has an agency obligation of disclosure to the seller.
C) Must have signed Disclosed Dual Agency.
D) Does not represent the seller or the buyer.

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

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

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

4. A buyer receives a seller's property condition disclosure in which the buyer's agent believes the seller has misrepresented the condition of the property. The buyer's agent should

A) call the listing agent and express this concern.
B) point out this concern to the buyer and recommend further inspection or investigation before proceeding.
C) remain silent as the agent does not know for certain that the seller has misrepresented the property.
D) recommend that the buyer withdraw from the transaction.

5. A married couple owns property as tenants by the entirety. If they were to divorce, their ownership would be

A) Tenancy in severalty.
B) Tenancy in common.
C) Joint tenancy.
D) Tenancy by the entirety.

Solutions: