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Real Estate Massachusetts-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: National Portion | 67% | - Real Estate Calculations
|
| Topic 2: Massachusetts State Portion | 33% | - Board Regulations and Licensing
|
Real Estate Massachusetts Real Estate Salesperson Sample Questions:
Question 1
A veteran has applied for a VA loan to purchase a house with a sale price of $90,000. The Department of Veterans Affairs (VA) appraised the house at $85,000. In this situation, the veteran
A. cannot secure a VA loan because such loans are limited to a maximum of $75,000.
B. may buy the property with the VA loan only if the price is reduced to $85,000.
C. may use the VA loan to buy the house after making a down payment of $5,000.
D. may buy the property with the VA loan only if the seller agrees to take back a second mortgage for
$5,000.
Question 2
The need to protect the public's health and safety against poor construction practices has resulted in the enactment of
A. restrictive deed conditions.
B. zoning ordinances.
C. zoning committees.
D. building codes.
Question 3
When practicing as a facilitator, the facilitator
A. Must represent a seller or a buyer.
B. Must have signed Disclosed Dual Agency.
C. Does not represent the seller or the buyer.
D. Has an agency obligation of disclosure to the seller.
Question 4
Prospective buyers for a house want to operate a recycling center in their backyard. Local zoning laws do not allow this. What do they need to do first?
A. File an appeal with the local court.
B. Obtain a building permit.
C. Obtain a modification to the local master plan.
D. Obtain a variance or special exception.
Question 5
A salesperson's client is the lessee. Who does the salesperson represent?
A. landlord
B. tenant
C. lien holder
D. lender
Solutions:
| Question 1 Answer: C | Question 2 Answer: D | Question 3 Answer: C | Question 4 Answer: D | Question 5 Answer: B |
