Questions With 100% Solved Answers!!!
1. How often are real
Every two years on your birthday.
estate licenses
renewed in Massa-
chusetts?
12 hours.
2. How many hours of
con- tinuing education
class- es must agents
complete before
renewing their li-
cense? Yes, inactive licensees may make referrals to active licensees
and receive a referral fee.
3. Can inactive licensees
in Massachusetts
receive re- ferral fees?
4. What is the minimum work 3 years of work experience, with at least 25 hours per
week.
experience required for a
salesperson to receive a
broker's license?
5. Can a person hold an agent work for at a time in
both a salesperson Massachusetts?
and a broker license in
Massachusetts?
6. What must brokers
do when they hire real
estate agents?
7. How many brokers can
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, Massachusetts Real Estate Licensing Regulations Exam
Questions With 100% Solved Answers!!!
No, you may not hold both licenses. Brokers must inform the Board.
Agents may not work for more than one broker at a time.
8. In their usual place of business.
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, Massachusetts Real Estate Licensing Regulations Exam
Questions With 100% Solved Answers!!!
Where must agents and
brokers display their
licens- es?
9. Which states have fullColorado, Connecticut, Georgia, Iowa, Mississippi, Nebraska, New
rec- iprocity Mexico, Pennsylvania, Rhode Island (with a 3-hour lead
agreements with paint course), Tennessee, and West Virginia.
Massachusetts?
Oklahoma has complete reciprocity only for agents who have
10. What is the been licensed for at least 2 years.
requirement for
Oklahoma's reciprocity
with Massachusetts?New Hampshire.
11. Which state has a
partial reciprocity
agreement with
They are not permitted to perform real estate services in Massa-
Massachusetts for both
salespersons and chusetts but may receive a commission for transactions if
brokers? services occurred outside of Massachusetts.
12. What is the status of
out-of-state licensees per-broker's license and must designate one oflcer as the broker of
forming real estate ser- record.
vices in
Massachusetts?
13. What must entities in-
volved in real estate
have?
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