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Real Estate Massachusetts-Real-Estate-Salesperson Exam Overview:
| Certification Vendor: | Massachusetts Board of Registration of Real Estate Brokers and Salespersons |
|---|---|
| Exam Name: | Massachusetts Real Estate Salesperson Exam |
| Exam Number: | Massachusetts-Real-Estate-Salesperson |
| Exam Price: | USD $85 |
| Real Exam Qty: | 120 |
| Exam Duration: | 240 minutes |
| Passing Score: | 70% |
| Available Languages: | English |
| Exam Format: | Multiple Choice, Computer Based Test |
| Related Certifications: | Massachusetts Real Estate Salesperson License |
| Certificate Validity Period: | 2 years |
| Sample Questions: | Real Estate Massachusetts-Real-Estate-Salesperson Sample Questions |
| Exam Way: | Online proctored exam or in-person testing at PSI test centers. |
| Pre Condition: | Must be at least 18 years old, complete 40 hours of approved pre-licensing education, and obtain 3 candidate endorsements. |
| Official Syllabus URL: | https://www.mass.gov/how-to/prepare-for-and-schedule-your-real-estate-license-exam |
Real Estate Massachusetts-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Massachusetts Real Estate Law | 33% | - Massachusetts License Law
|
| General Real Estate Knowledge | 67% | - Contracts
|
Real Estate Massachusetts Real Estate Salesperson Sample Questions:
Which of the following is not itself one of the classic economic principles of value, even though it can strongly influence supply and demand?
- A. Demographics
- B. Substitution
- C. Anticipation
- D. Contribution
Correct Answer: A 🗳️
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An owner grants another person a life estate in a house, with the property reverting to the original owner at the life tenant ' s death. The life tenant seriously damages the property. What cause of action most directly addresses that conduct?
- A. Partition
- B. Waste
- C. Nonpayment of rent
- D. Quiet title
Correct Answer: B 🗳️
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Which hazardous material found particularly in older residential properties poses a significant poisoning risk to very young children?
- A. Carbon fiber
- B. Lead-based paint
- C. Polyvinyl flooring
- D. Fiberglass insulation
Correct Answer: B 🗳️
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A real-estate brokerage, acting in the course of its business, receives more than $10,000 in cash in a single transaction or related transactions. What federal reporting rule can apply?
- A. The transaction generally triggers Form 8300 reporting requirements
- B. A real-estate broker may never receive any cash
- C. Only cash exceeding $100,000 is reportable
- D. No reporting requirement exists for real-estate businesses
Correct Answer: A 🗳️
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A seller has entered into an exclusive right to sell agreement with a broker. The buyer presents the seller with an offer to purchase which is 20% less than the list price. Which of the following is appropriate?
- A. The seller is under no obligation to accept the offer or make a counteroffer.
- B. The seller has 72 hours to submit a counteroffer or else the offer is considered to be accepted.
- C. The seller is obligated to pay the buyer a commission or the offer price if the seller rejects the offer.
- D. The seller is obligated to make a counteroffer to the buyer if the offer is unacceptable.
Correct Answer: A 🗳️
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By Nat
