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Real Estate Massachusetts-Real-Estate-Salesperson Exam Syllabus Topics:

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. Which of the following statements concerning a security deposit is correct?

A) It must be returned to the tenant within twenty-one days of termination of occupancy.
B) It may not exceed the first month's rent.
C) It may be maintained in the landlord's regular business account as long as it is interest-bearing.
D) It must be transferred to the tenant when the building is sold.

2. Which of the following are potential remedies for violating Massachusetts General Laws Chapter 93A?

A) Double or triple damages, attorney's fees and court costs
B) Imprisonment
C) 1 year probation
D) Fine of not more than $11,000

3. A seller informs the listing broker that the wind chime on the back door is broken and the roof leaks when it rains. The listing broker is required to disclose

A) The leaky roof.
B) The wind chime.
C) Both the wind chime and the leaky roof.
D) Nothing.

4. An owner signed a contract to sell an apartment building. Just before closing, the owner informed the buyers that the owner would NOT sell the property. A lawsuit filed by the buyers would be for

A) quiet title action.
B) a deficiency judgment.
C) lis pendens.
D) specific performance.

5. If a deed creating a tenancy in common does NOT state the fractional interest of each co-owner, it

A) must be determined by a majority vote of the tenants.
B) is presumed each owner has an equal interest.
C) is void.
D) becomes a joint tenancy.

Solutions: