Real Estate Massachusetts-Real-Estate-Salesperson : Massachusetts Real Estate Salesperson Exam

  • Exam Code: Massachusetts-Real-Estate-Salesperson
  • Exam Name: Massachusetts Real Estate Salesperson Exam
  • Updated: Aug 05, 2026   Q&As: 139 Questions and Answers

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About Real Estate Massachusetts-Real-Estate-Salesperson Exam

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Real Estate Massachusetts-Real-Estate-Salesperson Exam Syllabus Topics:
SectionWeightObjectives
General Real Estate Knowledge67%- Real Estate Practice
  • 1. Settlement Procedures
  • 2. Transfer of Title
  • 3. Listings
- Laws of Agency
  • 1. Duties of Agents
  • 2. Agency Relationships
  • 3. Disclosure Requirements
- Property Ownership
  • 1. Land Characteristics
  • 2. Property Rights
  • 3. Types of Ownership
- Contracts
  • 1. Purchase Agreements
  • 2. Leases
  • 3. Contract Law
- Valuation and Market Analysis
  • 1. Market Value
  • 2. Appraisal Principles
  • 3. Comparative Market Analysis
- Financing
  • 1. Financing Instruments
  • 2. Mortgage Types
  • 3. Loan Qualification
Massachusetts Real Estate Law33%- Massachusetts Real Estate Practices
  • 1. Agency Disclosure
  • 2. Advertising Rules
  • 3. Escrow Requirements
- Massachusetts License Law
  • 1. Consumer Protection
  • 2. Board Regulations
  • 3. Disciplinary Actions
- Licensing Requirements
  • 1. License Renewal
  • 2. Salesperson Licensing Rules
  • 3. Continuing Education
Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. 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) 20% less than that offered to the general public.
B) 15% less than that offered to the general public.
C) Equal to or better than that offered to the general public.
D) At a monthly payment equal to the tenant's current monthly rent.


2. A buyer wants to purchase a home for $150,000 with a 30% down payment. The lender charges 1.75 points.
How much money does the buyer need up front to make the purchase?

A) $45,788
B) $47,625
C) $46,838
D) $45,000


3. In Massachusetts, which of the following statements about smoke detectors prior to closing is always correct?

A) All single-family residences must have hard-wired smoke detectors.
B) Smoke detectors are optional in single-family houses.
C) A three-family residence can have either battery-operated or hard-wired smoke detectors.
D) A smoke detector certificate must be obtained from the local fire department.


4. A ranch house with a double garage is being valued. The house next door, which is similar except that it lacks a garage and has an outside deck, was sold last month for $138,000. Experience in that area shows that a two- car garage is probably worth $10,000 to buyers, while in general, they will pay only $500 extra for a deck.
The ranch house is most likely to sell for around

A) $123,500
B) $147,500
C) $128,500
D) $148,500


5. 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.


Solutions:

Question # 1
Answer: C
Question # 2
Answer: B
Question # 3
Answer: D
Question # 4
Answer: B
Question # 5
Answer: D

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