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

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

Question 1

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

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

Question 2

An owner knows another person is asserting an adverse claim affecting the owner ' s real property but unreasonably delays seeking judicial relief until the delay prejudices the other party. Which equitable doctrine can bar the owner ' s claim?

A. Doctrine of laches
B. Novation
C. Acceleration
D. Estoppel by deed

Question 3

Which activity may a Massachusetts salesperson perform while acting under the supervision and identity of the employing broker?

A. Accept a brokerage listing in the salesperson's independent name
B. Perform all three activities independently
C. Advertise the brokerage's listings under the employing broker's identity
D. Maintain client deposits in the salesperson's own escrow account

Question 4

Massachusetts Title 5 primarily regulates:

A. Mortgage interest rates
B. Private on-site sewage disposal systems
C. Brokerage commissions
D. Condominium ownership

Question 5

When a purchase contract contains a contingency whose satisfaction depends heavily on a third party, such as a lender or inspector, the contingency should generally contain:

A. No deadline
B. A definite and reasonably short deadline
C. A deadline selected after closing
D. An indefinite performance period

Solutions: