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

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

Question 1

A home warranty for a previously owned home would usually cover which of the following items?

A. major appliances and home systems such as electric, heating, and plumbing
B. major appliances, the buyer's personal property, and any seller added fixtures
C. only home systems such as the roof, plumbing, and foundation
D. structure or flooding issues after closing

Question 2

What type of relationship does NOT require confidentiality?

A. Dual agency
B. Facilitator
C. Buyer agency
D. Seller agency

Question 3

Inactive salespersons are permitted to perform which of the following activities?

A. List homes by telephone.
B. Affiliate with inactive brokers.
C. Refer potential buyers to an active salesperson in exchange for a fee from the salesperson.
D. Refer potential listings to an active broker in exchange for a fee from the active broker.

Question 4

An offer of $569,000 is verbally accepted by a seller. Two hours later an offer of $589,000 is presented to the seller, which the seller accepts in writing. Based on the above situation the first buyer is

A. Entitled to purchase the property.
B. Entitled to an additional offer.
C. Not entitled to the status as a backup offer.
D. Not entitled to purchase the property.

Question 5

An appraisal made by a certified appraiser is required

A. when the buyer is using an FHA loan to purchase.
B. before any property settlement in a divorce.
C. before real property can transfer from one owner to another.
D. when heirs receive property.

Solutions: