1|Page
MASSACHUSETTS REAL ESTATE FINAL
EXAM 2026-2027 BANK WITHCOMPLETE EXAM
QUESTIONS WITH DETAILED
VERIFIED ANSWERS /EXPERT VERIFIED /ALREADY
GRADED A+|BRAND NEWVERSION!!
When Ang, owner and principal broker for ABC Realty,
helped his niece Seria purchase a property, he did not
have Seria sign a disclosure form. According to Florida
law, what kind of brokerage relationship will Ang have with
his niece? - ANSWER-Because no brokerage relationship
was established in writing with his niece, Ang was
operating as transaction broker.
Which best describes a subagent in Florida? - ANSWER-A
broker represents a seller or buyer as an agent in any
,2|Page
capacity - the sales associates and broker associates
under the broker are automatically considered sub-agents
to the principals
Which of the following duties does a transaction broker
owe their customer? - ANSWER-Limited Confidentiality
When Ang, owner and principal broker for ABC Realty,
helped his niece Seria purchase a property, he did not
have
Seria sign a disclosure form. According to Florida law,
what kind of brokerage relationship will Ang have with his
niece? - ....ANSWER...Because no brokerage relationship
was established in writing with his niece, Ang was
,3|Page
operating
as transaction broker. He violated the law that was in
effect
at that time by not disclosing his broker relationship.
Rita fell in love with a home built in 1905. She was
surprised when the listing broker gave her a lead-based
paint disclosure form at closing. Which of the following is
TRUE? - ....ANSWER...The law says the seller may not
accept an offer from the buyer unless both the Lead-based
Paint Disclosure and EPA pamphlet have been given. If
the
,seller fails to give the disclosure and pamphlet to the
buyer,
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the broker is responsible for doing so.
When Rex obtained his Florida sales associate license he
misrepresented the facts and concealed that his insurance
license in another jurisdiction had been revoked more than
20 years before. Which of the following is a mandated
penalty according to Florida law? - ....ANSWER...There is
a mandated $1,000 administrative fine, and Rex's license
will be revoked.
*** What does P.O.A.C.H. stand for? -
....ANSWER...Posession, Open, Actual, Continuous,
Hostile.
MASSACHUSETTS REAL ESTATE FINAL
EXAM 2026-2027 BANK WITHCOMPLETE EXAM
QUESTIONS WITH DETAILED
VERIFIED ANSWERS /EXPERT VERIFIED /ALREADY
GRADED A+|BRAND NEWVERSION!!
When Ang, owner and principal broker for ABC Realty,
helped his niece Seria purchase a property, he did not
have Seria sign a disclosure form. According to Florida
law, what kind of brokerage relationship will Ang have with
his niece? - ANSWER-Because no brokerage relationship
was established in writing with his niece, Ang was
operating as transaction broker.
Which best describes a subagent in Florida? - ANSWER-A
broker represents a seller or buyer as an agent in any
,2|Page
capacity - the sales associates and broker associates
under the broker are automatically considered sub-agents
to the principals
Which of the following duties does a transaction broker
owe their customer? - ANSWER-Limited Confidentiality
When Ang, owner and principal broker for ABC Realty,
helped his niece Seria purchase a property, he did not
have
Seria sign a disclosure form. According to Florida law,
what kind of brokerage relationship will Ang have with his
niece? - ....ANSWER...Because no brokerage relationship
was established in writing with his niece, Ang was
,3|Page
operating
as transaction broker. He violated the law that was in
effect
at that time by not disclosing his broker relationship.
Rita fell in love with a home built in 1905. She was
surprised when the listing broker gave her a lead-based
paint disclosure form at closing. Which of the following is
TRUE? - ....ANSWER...The law says the seller may not
accept an offer from the buyer unless both the Lead-based
Paint Disclosure and EPA pamphlet have been given. If
the
,seller fails to give the disclosure and pamphlet to the
buyer,
, 4|Page
the broker is responsible for doing so.
When Rex obtained his Florida sales associate license he
misrepresented the facts and concealed that his insurance
license in another jurisdiction had been revoked more than
20 years before. Which of the following is a mandated
penalty according to Florida law? - ....ANSWER...There is
a mandated $1,000 administrative fine, and Rex's license
will be revoked.
*** What does P.O.A.C.H. stand for? -
....ANSWER...Posession, Open, Actual, Continuous,
Hostile.
