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Real Estate Massachusetts-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| General Real Estate Knowledge | 67% | - Real Estate Practice
|
| Massachusetts Real Estate Law | 33% | - Massachusetts Real Estate Practices
|
Real Estate Massachusetts Real Estate Salesperson Sample Questions:
A property manager has successfully negotiated the lease of a home built in 1965 to tenants who have no children. Regarding disclosure of lead-based paint, the property manager should
- A. have all the lead-based paint covered or removed by licensed mitigators.
- B. do nothing, as regulations only apply when children are present.
- C. have the tenants sign the disclosure form and provide them with the required booklet.
- D. give the tenants 10 days to test the home and provide them with the required booklet.
Correct Answer: C 🗳️
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An office building has annual gross income of $122,000 and annual operating expenses of $70,000. If an appraiser uses a 10% capitalization rate, what is the indicated value?
- A. $1,220,000
- B. $420,000
- C. $500,000
- D. $520,000
Correct Answer: D 🗳️
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An owner has a freestanding cabinet that was custom-built to fit an alcove of the living room. When the owner sells the home, the cabinet will be best described as
- A. real property.
- B. a fixture.
- C. an appurtenance.
- D. personal property.
Correct Answer: B 🗳️
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Under current Massachusetts probate law, where is the initial estate proceeding generally filed?
- A. Wherever the executor personally chooses
- B. Always in the county where the person physically died
- C. In the county where the decedent was domiciled at death; if the decedent was not domiciled in Massachusetts, in a Massachusetts county where the decedent owned property
- D. In the county where the beneficiaries live
Correct Answer: C 🗳️
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If owners ask a broker not to show a property to recipients of government assistance, the broker must
- A. Accept the listing.
- B. Inform the Massachusetts Commission Against Discrimination.
- C. Inform the Board of Registration.
- D. Refuse the listing.
Correct Answer: D 🗳️
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