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Real Estate Massachusetts-Real-Estate-Salesperson - Massachusetts Real Estate Salesperson Exam

Must a married couple in Massachusetts hold their jointly owned home as tenants by the entirety?

A.

Yes, Massachusetts requires it

B.

Yes, unless the property is mortgaged

C.

No, spouses can select another legally available form of ownership

D.

No, because tenancy by the entirety is prohibited in Massachusetts

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

A.

No disclosure of the licensee ' s relationship is required at an open house

B.

The agency relationship can be disclosed conspicuously through signs or written materials at the open house

C.

The licensee may conceal whom the licensee represents

D.

Disclosure is required only after the visitor makes an offer

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

A.

One year

B.

Two years

C.

Four years

D.

Five years

Can a Massachusetts real estate salesperson simultaneously affiliate with multiple unrelated brokers and independently practice under each?

A.

Yes

B.

Yes, if disclosed to clients

C.

No, the salesperson practices through the employing broker rather than independently

D.

Yes, if no escrow money is handled

A Massachusetts tenant independently hires a broker to locate an apartment. What must the broker provide concerning the broker ' s fee?

A.

Nothing in writing

B.

Written disclosure identifying the hiring party, fee amount, and payment terms

C.

Disclosure only after the tenant moves in

D.

Disclosure only if the fee exceeds one month ' s rent