Tag Massachusetts-Real-Estate-Salesperson new testcollection

Q166. A bill of sale is ordinarily used to transfer which type of property?

Q167. When real estate brokers and salespersons engage in renting residential dwelling units, they must provide a prospective tenant with written notice of the

Q168. A buyer receives a seller’s property condition disclosure in which the buyer’s agent believes the seller has misrepresented the condition of the property. The buyer’s agent should

Q169. In which residential ownership form does the occupant typically receive shares of stock together with a proprietary lease rather than a deed to the individual apartment?

Q170. Which of the following agreements may be enforceable in Massachusetts even if made orally, assuming no other legal defect?

Q171. Which of the following is among the typical responsibilities of a residential property manager?

Q172. The Massachusetts Consumer Protection Act requires that

Q173. A broker received a birthday check from a client. The broker decided to put it in the escrow account because it was from a client. This is

Q174. A seller has entered into an exclusive right to sell agreement with a broker. The buyer presents the seller with an offer to purchase which is 20% less than the list price. Which of the following is appropriate?

Q175. A private men ‘ s club publicly advertises a self-contained studio on Facebook using language stating that it is suitable only for a single gentleman. Is the advertisement discriminatory?

Q176. A Massachusetts real estate salesperson may perform licensed brokerage activities only when:

Q177. Which leasehold estate automatically continues for successive periods until properly terminated by either landlord or tenant?

Q178. Active licensees renewing a real estate license must have completed how many hours of continuing education during the two years prior to the scheduled renewal?

Q179. The purpose of Regulation Z is to

Q180. A retail tenant installs shelving, specialized counters, and equipment for operation of the tenant ‘ s business.
Assuming the lease does not provide otherwise, these items are generally classified as:

Q181. A buyer is purchasing a 3-acre property and is paying $12,000 per acre. The cooperating fee is 3½% of the sale price. The buyer ‘ s agent will receive 55% of the cooperating fee from a broker. How much commission did the buyer ‘ s agent receive?

Q182. Two top licensees in a small town have agreed not to show listings of a new real estate firm charging a low commission rate to sellers. This behavior is a violation of the

Q183. Strong winds deposit a significant quantity of sand on a parcel, forming new dunes. What is the wind- deposited material called?

Q184. Which situation qualifies for the Massachusetts open-house exception to the ordinary individual agency- disclosure signing process?

Q185. How long is the ordinary Massachusetts real estate license term for continuing-education purposes?

Q186. Local zoning limits office buildings to four stories. An owner wants permission to construct a six-story building despite that restriction. What zoning relief would generally be sought?