Real Estate Massachusetts-Real-Estate-Salesperson

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Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. The Massachusetts Consumer Protection Act (M.G.L. c. 93A)

A) Protects tenants from personal property disputes.
B) Protects homeowners who sell their homes without a broker.
C) Prohibits use of unfair and deceptive practices in business.
D) Prohibits use of only deceptive practices in landlord-tenant law.

2. A buyer receives a seller's property condition disclosure in which the buyer's agent believes the seller has misrepresented the condition of the property. The buyer's agent should

A) recommend that the buyer withdraw from the transaction.
B) point out this concern to the buyer and recommend further inspection or investigation before proceeding.
C) remain silent as the agent does not know for certain that the seller has misrepresented the property.
D) call the listing agent and express this concern.

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

4. The broker has a single agency relationship with the seller. The broker will show the property to a buyer who is a customer. The broker must disclose that the

A) home has a lake view.
B) home has a leaky roof in heavy rains.
C) seller needs to move soon.
D) seller does not like the next door neighbor.

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

Solutions: