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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% | - Real Estate Practice
|
Real Estate Massachusetts Real Estate Salesperson Sample Questions:
A contractor completes paving work on an owner ' s driveway, is not paid, and records a lien against the property to secure the unpaid construction debt. What type of lien is this?
- A. Mechanic ' s lien
- B. General contractor lien
- C. Attachment lien
- D. Judgment lien
Correct Answer: A 🗳️
Explanation: Only visible for TrainingDumps members. You can sign-up / login (it's free).
A salesperson owns an apartment complex in Boston. The salesperson has decided to advertise the property for sale in a local newspaper and personally sell it. If the salesperson proceeds in this manner, the salesperson is
- A. Not violating the law because the salesperson has all the rights of a non-salesperson owner.
- B. Violating the law because a salesperson may not sell an income-producing property.
- C. Violating the law because the salesperson is not a broker and cannot advertise.
- D. Not violating the law because the broker-salesperson distinction does not apply to commercial properties.
Correct Answer: A 🗳️
Explanation: Only visible for TrainingDumps members. You can sign-up / login (it's free).
The purpose of Regulation Z is to
- A. set maximum interest charges.
- B. control the use of credit.
- C. inform the borrower of credit costs.
- D. regulate interest charges.
Correct Answer: C 🗳️
Explanation: Only visible for TrainingDumps members. You can sign-up / login (it's free).
Richard, a real estate agent, refuses to show a Muslim family a house because he believes the neighborhood is not "Muslim-friendly" and instead directs them elsewhere. What prohibited practice is this?
- A. Redlining
- B. Steering
- C. Blockbusting
- D. Puffing
Correct Answer: B 🗳️
Explanation: Only visible for TrainingDumps members. You can sign-up / login (it's free).
Joan personally signs an offer to purchase a property. She later discovers that the salesperson who had been assisting her was terminated by the brokerage the previous day. Assuming no other defect in Joan ' s offer, what is its status?
- A. Void
- B. Executed
- C. Valid
- D. Automatically unenforceable
Correct Answer: C 🗳️
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