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Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. Which of the following acts does NOT require notifying the Board of Registration?

A) A salesperson terminates employment with one broker and affiliates with another.
B) A broker conducts business under the broker's own name.
C) A broker commences business under the trade name of ABC Realty.
D) A broker changes his or her mailing address.

2. When practicing as a facilitator, the facilitator

A) Does not represent the seller or the buyer.
B) Must have signed Disclosed Dual Agency.
C) Has an agency obligation of disclosure to the seller.
D) Must represent a seller or a buyer.

3. A couple enters into a purchase contract to buy a house, and their parents are providing a $5,000 earnest money check. The check is deposited in the listing broker's escrow account. The buyers are unable to get financing, and the contract provides for return of the earnest money to the buyers. The buyers and seller agree in writing to the release of the earnest money. The listing broker should

A) issue a $5,000 check to the parents.
B) return the earnest money check, minus expenses, to the parents.
C) return the earnest money check, minus expenses, to the buyers.
D) issue a $5,000 check to the buyers.

4. An advertisement emphasizes information meant to appeal to a particular ethnic or national group in an effort to maintain the character of the neighborhood. From the viewpoint of the federal Fair Housing Act, this could constitute a violation known as

A) blockbusting.
B) panic selling.
C) steering.
D) redlining.

5. The Massachusetts Consumer Protection Act (M.G.L. c. 93A) does NOT apply to which of the following persons?

A) Builders who sell fewer than ten homes a year
B) Owners who sell their homes privately
C) Listing brokers who receive only a percentage of commissions
D) Salespersons since they are obligated to their employing brokers only

Solutions: