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Real Estate Massachusetts Real Estate Salesperson Sample Questions:

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

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

2. The city wishes to purchase a parcel of property to be used as a cloverleaf for access to the nearby interstate.
The landowner refuses to sell. To acquire title to the property, the city will initiate a process of

A) condemnation.
B) escheat.
C) accession.
D) negotiation.

3. An offer of $569,000 is verbally accepted by a seller. Two hours later an offer of $589,000 is presented to the seller, which the seller accepts in writing. Based on the above situation the first buyer is

A) Not entitled to the status as a backup offer.
B) Entitled to an additional offer.
C) Entitled to purchase the property.
D) Not entitled to purchase the property.

4. Standard title insurance would protect a buyer

A) for the purchase of a property bought sight unseen where the buyer discovers a tenant living at the property.
B) in a purchase where the buyer had knowledge of a shed violating setback requirements.
C) if after closing, the HOA placed a lien on the property for the previous owner's unpaid dues.
D) when the seller has forged an ex-partner's signature on the deed.

5. Deposit money received by a salesperson must be turned over to the salesperson's broker

A) At the date specified in the offer to purchase.
B) At the signing of the purchase and sale agreement.
C) Within three days.
D) Immediately.

Solutions: