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Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. 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) 150
B) 365
C) 200
D) 300

2. To avoid triggering full disclosure under TILA when advertising financing availability on a listed property, which of the following statements must a real estate licensee avoid using?

A) FHA and VA financing available
B) assumable loan
C) buy for less than $650 per month
D) owner willing to finance

3. When real estate brokers and salespersons engage in renting residential dwelling units, they must provide a prospective tenant with written notice of the

A) Amount of the rent.
B) Name and address of the landlord.
C) Presence of any sex offenders living in the neighborhood.
D) Amount of fee, if any, that the prospective tenant will have to pay for the broker's services.

4. In a jurisdiction where a seller's property condition disclosure is required, the licensee is responsible for

A) ensuring that the buyer receives the property disclosure before the contract is finalized.
B) ensuring that the seller complete the property condition disclosure before closing.
C) completing the property condition disclosure.
D) checking the disclosure for accuracy and ensuring that the buyer receives it before closing.

5. Two top licensees in a small town have agreed not to show listings of a new real estate firm charging a low commission rate to sellers. This behavior is a violation of the

A) Blue-Sky laws.
B) Equal Credit Opportunity Act.
C) federal fair housing laws.
D) Sherman Antitrust Act.

Solutions: