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Real Estate Massachusetts-Real-Estate-Salesperson Exam Syllabus Topics:

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. Which type of deed provides the purchaser of real estate the greatest protection?

A) deed in trust
B) trustee's deed
C) quitclaim deed
D) general warranty deed

2. A salesperson's client is the lessee. Who does the salesperson represent?

A) landlord
B) lien holder
C) lender
D) tenant

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

A) The inspection must be completed by the local fire department.
B) There is no additional fee if the inspection is done at the same time as the smoke detector inspection.
C) The inspection must be completed as a prerequisite to sell a residential property burning fossil fuel.
D) The inspection must be completed by a building inspector.

4. What type of loan would allow homeowners to utilize the equity built up in their home without having to sell?

A) accelerated mortgage
B) graduated payment
C) sale-and-leaseback
D) reverse mortgage

5. The Massachusetts Consumer Protection Act requires that

A) The seller disclose all offers received.
B) The seller's information be kept confidential.
C) The broker disclose known material defects.
D) The buyer be informed of all offers.

Solutions: