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Real Estate Massachusetts-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Massachusetts Real Estate Law | 33% | - Massachusetts Real Estate Practices
|
| General Real Estate Knowledge | 67% | - Real Estate Practice
|
Real Estate Massachusetts Real Estate Salesperson Sample Questions:
Question #1
What written instrument is ordinarily used to convey legal title to real property from a grantor to a grantee?
A. Deed
B. Listing agreement
C. Promissory note
D. Bill of sale
Question #2
Per-capita income, household income, employment levels, interest rates, and availability of mortgage financing are examples of which type of forces affecting real estate value?
A. Social forces
B. Economic and financial forces
C. Transfer-of-title forces
D. Physical and environmental forces
Question #3
A transaction carries a 6.5% total brokerage commission. The listing side and cooperating side split the commission equally. The listing broker receives $2,593.50. What was the property sale price?
A. $69,800
B. $79,800
C. $103,740
D. $89,500
Question #4
Which statement correctly describes an estate for years?
A. It automatically includes ownership of the property
B. It lasts for the tenant ' s lifetime
C. It continues indefinitely until notice is given
D. It has a definite beginning and ending period and expires according to its term
Question #5
The listing broker has been presented with multiple offers. The seller would accept only a cash offer on the home, so the broker will present
A. the highest offer to the seller.
B. all offers to the seller.
C. only cash offers to the seller.
D. the highest cash offer to the seller.
Solutions:
| Question #1 Correct Answer: A | Question #2 Correct Answer: B | Question #3 Correct Answer: B | Question #4 Correct Answer: D | Question #5 Correct Answer: B |
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