Massachusetts Real Estate Exam
Practice Questions and Answers
If consensual dual representation occurs a broker shall request a prospective
purchaser or seller to sign and date such notice, and provide the original to them and
maintain a copy of all notices. For how long must the broker keep the records of the
notice?
-2-Years from date of notice
-3-Years from date of notice
-5-Years from date paper is signed
-10-Years from date paper is signed - ANSWER--3-Years from date of notice
Which Massachusetts Law protects buyers and sellers from "fraudulent
misrepresentations and unscrupulous behavior" of real estate agents and brokers?
-Chapter 21 E
-Chapter 93 A
-Chapter 151 B
-Chapter 178 C - ANSWER--Chapter 93 A
Chapter 93 A is referring to Massachusetts Consumer Protections Law.
An owner can redeem his or her property within how many months after a tax sale?
-Two
-Three
-Five
-Six - ANSWER--Six
Under agency law in Massachusetts a Facilitator is described as;
-An Agent that does not take a commission
-An Mediator used in disagreements amongst Brokers & Agents
-An Agent that assists the Seller & Buyer in reaching an agreement and represents
both in the transaction
-An Agent that assists the Seller & Buyer in reaching an agreement but does not
represent either in the transaction - ANSWER--An Agent that assists the Seller &
Buyer in reaching an agreement but does not represent either in the transaction
Under Federal Fair Housing law there are seven protected classes, how many
additional classes does Massachusetts have?
-Two
Practice Questions and Answers
If consensual dual representation occurs a broker shall request a prospective
purchaser or seller to sign and date such notice, and provide the original to them and
maintain a copy of all notices. For how long must the broker keep the records of the
notice?
-2-Years from date of notice
-3-Years from date of notice
-5-Years from date paper is signed
-10-Years from date paper is signed - ANSWER--3-Years from date of notice
Which Massachusetts Law protects buyers and sellers from "fraudulent
misrepresentations and unscrupulous behavior" of real estate agents and brokers?
-Chapter 21 E
-Chapter 93 A
-Chapter 151 B
-Chapter 178 C - ANSWER--Chapter 93 A
Chapter 93 A is referring to Massachusetts Consumer Protections Law.
An owner can redeem his or her property within how many months after a tax sale?
-Two
-Three
-Five
-Six - ANSWER--Six
Under agency law in Massachusetts a Facilitator is described as;
-An Agent that does not take a commission
-An Mediator used in disagreements amongst Brokers & Agents
-An Agent that assists the Seller & Buyer in reaching an agreement and represents
both in the transaction
-An Agent that assists the Seller & Buyer in reaching an agreement but does not
represent either in the transaction - ANSWER--An Agent that assists the Seller &
Buyer in reaching an agreement but does not represent either in the transaction
Under Federal Fair Housing law there are seven protected classes, how many
additional classes does Massachusetts have?
-Two
