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Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. A broker has a single agency relationship with the seller. Any required property condition disclosure would be completed by the

A) listing agent on behalf of broker.
B) broker.
C) seller.
D) listing agent on behalf of seller.

2. The listing broker has been presented with multiple offers. The seller would accept only a cash offer on the home, so the broker will present

A) all offers to the seller.
B) the highest offer to the seller.
C) only cash offers to the seller.
D) the highest cash offer to the seller.

3. The common area of a condominium development is owned by

A) its duly elected Board of Directors.
B) those owners who were original owners of the units.
C) all owners as tenants in common.
D) any individuals who pay a prorated share of the taxes and maintenance.

4. The Massachusetts State Sanitary Code requires

A) The property owner to provide a refrigerator in working order.
B) Tenants to pay for their own water and/or sewer costs.
C) A stove in good repair in any rental unit.
D) Separate meters for all heating and electric systems.

5. A licensee listed a property that had an unfinished garage. The licensee received an offer subject to the garage being finished. Was a contractual obligation created?

A) No, because the seller has not accepted the offer.
B) Yes, because both the seller and buyer offered to enter into a contract.
C) No, because contractual obligations must be in writing and notarized.
D) Yes, because a definite and certain offer was made by the buyer.

Solutions: