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Real Estate Massachusetts-Real-Estate-Salesperson Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Massachusetts State-Specific Real Estate Law | - State Licensing Laws
|
| National Real Estate Principles & Practices | - Property Ownership
|
Real Estate Massachusetts Real Estate Salesperson Sample Questions:
Which of the following is true of a quitclaim deed?
- A. It can be used to remove a cloud on a title.
- B. It has warranties similar to a special warranty deed.
- C. It cannot be recorded.
- D. It cannot be used to transfer a title held in fee simple.
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Which instrument pledges real property as security for repayment of a debt while allowing the borrower to retain possession?
- A. Bill of sale
- B. Proprietary lease
- C. Mortgage
- D. Listing agreement
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An agreement is inferred from the conduct and actions of the parties rather than being expressly stated orally or in writing. What type of contract is this?
- A. Void contract
- B. Executed contract
- C. Implied contract
- D. Unilateral option
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Midboro Property Management receives 10% of rent actually collected. Monthly scheduled rent is $55,000.
One $1,000-per-month tenant pays only $250, and three other $1,000-per-month tenants pay nothing. What management fee is earned?
- A. $5,200
- B. $5,000
- C. $5,125
- D. $5,500
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A landlord may require that a disabled tenant
- A. pay double the usual $500 security deposit.
- B. remove the wheelchair ramp from the apartment upon vacating the unit.
- C. not install grab bars in the tile shower if drilling holes in the tile is required.
- D. pay an additional fee for using the swimming pool to cover the added insurance cost.
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