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Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. In a jurisdiction where a seller's property condition disclosure is required, the licensee is responsible for

A) ensuring that the buyer receives the property disclosure before the contract is finalized.
B) ensuring that the seller complete the property condition disclosure before closing.
C) completing the property condition disclosure.
D) checking the disclosure for accuracy and ensuring that the buyer receives it before closing.

2. A buyer makes an offer on a property and asks the Seller's broker to recommend a good home inspector. The Seller's broker may

A) Provide a list of no fewer than 20 licensed home inspectors in the county where the property is located.
B) Provide business cards of local home inspectors.
C) Recommend a specific home inspector.
D) Provide the complete list of home inspectors prepared by the Commonwealth of Massachusetts.

3. 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 broker-salesperson distinction does not apply to commercial properties.
B) Violating the law because the salesperson is not a broker and cannot advertise.
C) Not violating the law because the salesperson has all the rights of a non-salesperson owner.
D) Violating the law because a salesperson may not sell an income-producing property.

4. A first-year licensee without either a degree in finance, or a strong background in real estate investment should generally refrain from

A) acting as the seller's agent in selling an oceanfront lot to a retiree.
B) listing commercial income property.
C) representing an owner who wants to sell raw land to a developer.
D) representing a first time home buyer.

5. What type of relationship does NOT require confidentiality?

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

Solutions: