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Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. Multi-ethnic families were beginning to move into a neighborhood that had previously been all one ethnicity.
A local broker passed out flyers to homeowners that said, "Sell now before it's too late! We have beautiful new homes with attractive financing and good schools." These flyers would likely be viewed by the courts as

A) steering.
B) redlining.
C) good marketing.
D) blockbusting.

2. A property manager has successfully negotiated the lease of a home built in 1965 to tenants who have no children. Regarding disclosure of lead-based paint, the property manager should

A) do nothing, as regulations only apply when children are present.
B) give the tenants 10 days to test the home and provide them with the required booklet.
C) have the tenants sign the disclosure form and provide them with the required booklet.
D) have all the lead-based paint covered or removed by licensed mitigators.

3. If a seller defaults in performance of a contract, any of the following actions would be likely to help the buyer recover any losses EXCEPT

A) bringing an action against the seller for payment of compensatory damages.
B) filing a complaint with the Real Estate Commission.
C) canceling the contract and recovering the earnest money.
D) suing the seller for specific performance.

4. Which of the following statements about the leasing of apartments in Massachusetts is correct?

A) Death of the landlord terminates residential leases.
B) Leases terminate when the property is sold.
C) Tenancies at will are enforceable under the law.
D) Interest on security deposits begins after the first year of tenancy.

5. What kind of lease would require the lessee to pay the taxes, insurance, repairs, and other operating expenses of the premises in addition to the regular rental payment?

A) net lease
B) graduated lease
C) percentage lease
D) gross lease

Solutions: