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

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. A rectangular lot contains 16,500 square feet. It has a depth of 150 feet. Each of two adjacent rectangular lots contains 4,950 square feet with a depth of 150 feet. What is the total street frontage of the three lots in linear feet?

A) 133
B) 143
C) 159
D) 176

2. In a firm whose business model is designated agency, who represents the client named in the consumer licensee disclosure form?

A) All other designated seller agents
B) All other designated buyer agents
C) All the licensees
D) Only the individual agent(s) named on the consumer licensee disclosure form

3. A buyer files a complaint against a licensee with the Massachusetts Commission Against Discrimination (MCAD). MCAD denies the complaint because the buyer filed it too long after the discriminatory incident occurred. Within how many days after the alleged incident must a complaint be filed to be considered?

A) 300
B) 365
C) 150
D) 200

4. Broker N has five affiliated salespersons. On Monday at 10:00 a.m., Salesperson J submitted an offer to purchase from a prospective buyer. The offer price was $300,000. An hour later, Salesperson R submitted an offer of $296,000. However, Broker N held the second offer until the seller rejected the first offer. Broker N's conduct in this situation is

A) Not permissible because a broker must present all offers to the principal forthwith.
B) Permissible as long as both salespeople share a commission on either of the offers accepted by the seller.
C) Permissible as long as both salespeople knew of Broker N's action.
D) Not permissible because a broker must inform all potential buyers of existing offers.

5. Which of the following is true about a competitive market analysis?

A) It is useful to the buyer as well as to the seller.
B) It is employed for insurance purposes.
C) It is used to establish depreciable value.
D) It is usually based on local tax assessment.

Solutions: