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Real Estate Massachusetts Real Estate Salesperson Sample Questions:
1. The Massachusetts Consumer Protection Act (M.G.L. c. 93A) does NOT apply to which of the following persons?
A) Owners who sell their homes privately
B) Listing brokers who receive only a percentage of commissions
C) Builders who sell fewer than ten homes a year
D) Salespersons since they are obligated to their employing brokers only
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 credit to seller.
D) no entry to buyer; a debit to seller.
3. 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) structure or flooding issues after closing
C) only home systems such as the roof, plumbing, and foundation
D) major appliances, the buyer's personal property, and any seller added fixtures
4. An advertisement emphasizes information meant to appeal to a particular ethnic or national group in an effort to maintain the character of the neighborhood. From the viewpoint of the federal Fair Housing Act, this could constitute a violation known as
A) blockbusting.
B) steering.
C) panic selling.
D) redlining.
5. Which of the following is incorrect regarding carbon monoxide inspection?
A) The inspection must be completed by the local fire department.
B) The inspection must be completed by a building inspector.
C) The inspection must be completed as a prerequisite to sell a residential property burning fossil fuel.
D) There is no additional fee if the inspection is done at the same time as the smoke detector inspection.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: B |
By Harlan
