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Real Estate Massachusetts-Real-Estate-Salesperson Exam Overview:
| Certification Vendor: | Massachusetts Board of Registration of Real Estate Brokers and Salespersons |
| Exam Name: | Massachusetts Real Estate Salesperson Exam |
| Exam Number: | Massachusetts-Real-Estate-Salesperson |
| Available Languages: | English |
| Real Exam Qty: | 120 |
| Exam Format: | Multiple Choice, Computer Based Test |
| Certificate Validity Period: | 2 years |
| Exam Duration: | 240 minutes |
| Exam Price: | USD $85 |
| Related Certifications: | Massachusetts Real Estate Salesperson License |
| Passing Score: | 70% |
| Sample Questions: | Real Estate Massachusetts-Real-Estate-Salesperson Sample Questions |
| Exam Way: | Online proctored exam or in-person testing at PSI test centers. |
| Pre Condition: | Must be at least 18 years old, complete 40 hours of approved pre-licensing education, and obtain 3 candidate endorsements. |
| Official Syllabus URL: | https://www.mass.gov/how-to/prepare-for-and-schedule-your-real-estate-license-exam |
Real Estate Massachusetts-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Massachusetts Real Estate Law | 33% | - Licensing Requirements
|
| Topic 2: General Real Estate Knowledge | 67% | - Financing
|
Real Estate Massachusetts Real Estate Salesperson Sample Questions:
1. An offer of $569,000 is verbally accepted by a seller. Two hours later an offer of $589,000 is presented to the seller, which the seller accepts in writing. Based on the above situation the first buyer is
A) Entitled to purchase the property.
B) Not entitled to purchase the property.
C) Entitled to an additional offer.
D) Not entitled to the status as a backup offer.
2. Which of the following is true about mortgage assumptions?
A) The mortgagee automatically releases the seller upon receipt of a warranty deed.
B) The buyer is required to sign a new mortgage note.
C) The seller may or may not be released from liability.
D) The buyer is relieved of personal liability.
3. A tenant in a building that is being converted to condominiums is required to receive an opportunity to purchase the unit the tenant occupies at terms
A) Equal to or better than that offered to the general public.
B) At a monthly payment equal to the tenant's current monthly rent.
C) 15% less than that offered to the general public.
D) 20% less than that offered to the general public.
4. Which of the following activities may result in a fine from the Massachusetts Commission Against Discrimination (MCAD) against a licensee?
A) Blockbusting
B) Failing to give both the buyer and the seller a copy of the purchase and sales agreement
C) Acting in the dual capacity of broker and undisclosed principal in the same transaction
D) Knowingly making any substantial misrepresentation
5. If a seller defaults in performance of a contract, any of the following actions would be likely to help the buyer recover any losses EXCEPT
A) bringing an action against the seller for payment of compensatory damages.
B) suing the seller for specific performance.
C) canceling the contract and recovering the earnest money.
D) filing a complaint with the Real Estate Commission.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: D |
By James
