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Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. Which of the following best completes the following metes and bounds description? "Beginning at the intersection of Bunker Hill Road and Munson Avenue, thence 150 feet south; thence 85 feet west; thence 150 feet north; thence"

A) 85 feet east to the Point of Beginning.
B) 150 feet south to the Point of Beginning.
C) 150 feet west to the Point of Beginning.
D) 85 feet west to the Point of Beginning.

2. Which of the following are potential remedies for violating Massachusetts General Laws Chapter 93A?

A) 1 year probation
B) Imprisonment
C) Double or triple damages, attorney's fees and court costs
D) Fine of not more than $11,000

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

4. The commission rate included in a listing contract is determined by

A) negotiation.
B) local custom.
C) state statute.
D) national trade organizations.

5. Disclosure of licensee relationships to prospective buyers and sellers is required

A) At the first personal meeting to discuss a specific single-family property.
B) When responding to a telephone or internet inquiry.
C) When listing commercial properties.
D) When discussing any real estate issue.

Solutions: