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Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. A building was purchased for $350,000 with a 20% down payment. If the lender charged the buyer three discount points, how much will the buyer need to close?

A) $61,600
B) $78,400
C) $360,500
D) $80,500

2. Which of the following is incorrect regarding carbon monoxide inspection?

A) The inspection must be completed by a building inspector.
B) There is no additional fee if the inspection is done at the same time as the smoke detector inspection.
C) The inspection must be completed as a prerequisite to sell a residential property burning fossil fuel.
D) The inspection must be completed by the local fire department.

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

4. In Massachusetts, deeds are recorded at the

A) State registry.
B) County registry.
C) City or town hall.
D) Massachusetts Board of Registration.

5. If owners ask a broker not to show a property to recipients of government assistance, the broker must

A) Inform the Board of Registration.
B) Refuse the listing.
C) Inform the Massachusetts Commission Against Discrimination.
D) Accept the listing.

Solutions: