Real Estate Massachusetts-Real-Estate-Salesperson : Massachusetts Real Estate Salesperson Exam
- Exam Code: Massachusetts-Real-Estate-Salesperson
- Exam Name: Massachusetts Real Estate Salesperson Exam
- Updated: Sep 30, 2026
- Q & A: 354 Questions and Answers
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Real Estate Massachusetts-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Massachusetts Real Estate Law | 33% | - Licensing Requirements
|
| Topic 2: General Real Estate Knowledge | 67% | - Property Ownership
|
Real Estate Massachusetts Real Estate Salesperson Sample Questions:
Inactive salespersons are permitted to perform which of the following activities?
- A. List homes by telephone.
- B. Refer potential listings to an active broker in exchange for a fee from the active broker.
- C. Refer potential buyers to an active salesperson in exchange for a fee from the salesperson.
- D. Affiliate with inactive brokers.
Correct Answer: B 🗳️
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RESPA generally applies to covered residential settlement-service transactions involving:
- A. Every cash purchase of vacant land
- B. A federally related mortgage loan
- C. Every commercial lease
- D. Every transfer of personal property
Correct Answer: B 🗳️
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A broker has been engaged to locate a property for a buyer. The broker has determined that a suitable property for the buyer is for sale and is owned by the broker ' s cousin. The broker has not informed the buyer of the broker ' s relationship with the owner. If the buyer purchases the property under these circumstances, the broker is
- A. Not violating the license law because the broker in this situation has no duty of disclosure.
- B. Violating the license law because it is illegal to purchase family property for a principal.
- C. Not violating the license law because a relative ' s interest is an exception to the fiduciary duty rule.
- D. Violating the license law because a relative ' s interest shall be made known to all parties.
Correct Answer: D 🗳️
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Fifteen-year-old Tammy owns land and accepts a written purchase offer from 31-year-old Ned. Which statement best describes Ned ' s ability to enforce the agreement against Tammy because of her age?
- A. Neither party can ever enforce any part of the agreement
- B. Ned may force Tammy to convey because the agreement is written
- C. The agreement is valid only if Tammy ' s sibling approves it
- D. Ned generally cannot force Tammy to convey the land because the minor may avoid the contract
Correct Answer: D 🗳️
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A veteran has applied for a VA loan to purchase a house with a sale price of $90,000. The Department of Veterans Affairs (VA) appraised the house at $85,000. In this situation, the veteran
- A. may use the VA loan to buy the house after making a down payment of $5,000.
- B. may buy the property with the VA loan only if the seller agrees to take back a second mortgage for
$5,000. - C. may buy the property with the VA loan only if the price is reduced to $85,000.
- D. cannot secure a VA loan because such loans are limited to a maximum of $75,000.
Correct Answer: A 🗳️
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