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Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. An owner signed a contract to sell an apartment building. Just before closing, the owner informed the buyers that the owner would NOT sell the property. A lawsuit filed by the buyers would be for

A) lis pendens.
B) quiet title action.
C) specific performance.
D) a deficiency judgment.

2. If a seller defaults in performance of a contract, any of the following actions would be likely to help the buyer recover any losses EXCEPT

A) suing the seller for specific performance.
B) filing a complaint with the Real Estate Commission.
C) canceling the contract and recovering the earnest money.
D) bringing an action against the seller for payment of compensatory damages.

3. When real estate brokers and salespersons engage in renting residential dwelling units, they must provide a prospective tenant with written notice of the

A) Name and address of the landlord.
B) Amount of fee, if any, that the prospective tenant will have to pay for the broker's services.
C) Presence of any sex offenders living in the neighborhood.
D) Amount of the rent.

4. A buyer is looking in several different cities for land to purchase for a shopping center. The buyer has decided to hire several real estate licensees, each representing the buyer in that licensee's city. Which type of agreement would protect the buyer from owing multiple commissions?

A) nonexclusive right-to-lease
B) exclusive right to sell
C) exclusive agency representation
D) nonexclusive buyer-agency

5. A broker lists a property abutting a pond. A potential buyer is interested in the property but plans to build an addition onto a boathouse. The buyer will need

A) A letter of interim control.
B) Approval from the local conservation commission.
C) Approval from the State Sanitary Commission.
D) A certificate of compliance.

Solutions: