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

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. Disclosure of licensee relationships to prospective buyers and sellers is required

A) When listing commercial properties.
B) When responding to a telephone or internet inquiry.
C) At the first personal meeting to discuss a specific single-family property.
D) When discussing any real estate issue.

2. A first-year licensee without either a degree in finance, or a strong background in real estate investment should generally refrain from

A) listing commercial income property.
B) representing an owner who wants to sell raw land to a developer.
C) acting as the seller's agent in selling an oceanfront lot to a retiree.
D) representing a first time home buyer.

3. Quality Supermarkets has taken occupancy of a retail building and has a long-term lease. As part of their fit- up, they bolt to the floor their meat and dairy coolers, shelves, and check-out stands.
When Quality Supermarkets vacates the property at the end of the lease, will Quality Supermarkets be legally entitled to remove these fixtures?

A) No, because they are bolted to the floor.
B) No, because they are trade fixtures.
C) Yes, because they are appurtenances.
D) Yes, if removed prior to the end of the lease.

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

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

5. A motel is the subject of an appraisal and it is determined that a rerouting of a county highway has limited customer access to the motel. This is an example of

A) functional obsolescence.
B) regression.
C) landlocked property.
D) economic obsolescence.

Solutions: