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Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. Which of the following are potential remedies for violating Massachusetts General Laws Chapter 93A?

A) Imprisonment
B) 1 year probation
C) Double or triple damages, attorney's fees and court costs
D) Fine of not more than $11,000

2. A seller informs the listing broker that the wind chime on the back door is broken and the roof leaks when it rains. The listing broker is required to disclose

A) Nothing.
B) Both the wind chime and the leaky roof.
C) The wind chime.
D) The leaky roof.

3. A broker may withdraw money from the broker's escrow account

A) To pay for advertising expenses related to the sale.
B) When the transaction has been consummated.
C) To cover the broker's commission.
D) When ordered by the seller's attorney.

4. What is the difference between a license to use property and an easement?

A) There must be consideration paid for a license.
B) There must be consideration paid for an easement.
C) An easement can be cancelled by the issuer.
D) A license can be cancelled by the issuer.

5. The city wishes to purchase a parcel of property to be used as a cloverleaf for access to the nearby interstate.
The landowner refuses to sell. To acquire title to the property, the city will initiate a process of

A) accession.
B) condemnation.
C) escheat.
D) negotiation.

Solutions: