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Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. An example of modular construction is

A) prefabricated housing.
B) a home used as a model.
C) a log cabin.
D) an apartment building.

2. A buyer is looking in several different cities for land to purchase for a shopping center. The buyer has decided to hire several real estate licensees, each representing the buyer in that licensee's city. Which type of agreement would protect the buyer from owing multiple commissions?

A) exclusive right to sell
B) nonexclusive buyer-agency
C) nonexclusive right-to-lease
D) exclusive agency representation

3. Which of the following is incorrect regarding carbon monoxide inspection?

A) The inspection must be completed by a building inspector.
B) The inspection must be completed by the local fire department.
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.

4. Which of the following is true of a quitclaim deed?

A) It cannot be recorded.
B) It can be used to remove a cloud on a title.
C) It has warranties similar to a special warranty deed.
D) It cannot be used to transfer a title held in fee simple.

5. A licensee lists a property and discovers that the property is too far away to market effectively. The licensee's firm retains the listing, but does not advertise or show it. Which of the following has been violated?

A) seller disclosure laws
B) fiduciary responsibility
C) Consumer Protection Act
D) statute of frauds

Solutions: