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Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. A 2-year lease on a property has expired. The owner permits the tenant to remain in the house while a new lease is being negotiated. Which of the following types of interest does the tenant now have?

A) tenancy in common
B) tenancy at sufferance
C) tenancy from year to year
D) tenancy at will

2. A buyer files a complaint against a licensee with the Massachusetts Commission Against Discrimination (MCAD). MCAD denies the complaint because the buyer filed it too long after the discriminatory incident occurred. Within how many days after the alleged incident must a complaint be filed to be considered?

A) 150
B) 365
C) 300
D) 200

3. To avoid triggering full disclosure under TILA when advertising financing availability on a listed property, which of the following statements must a real estate licensee avoid using?

A) assumable loan
B) FHA and VA financing available
C) buy for less than $650 per month
D) owner willing to finance

4. Which of the following will NOT be considered relevant if HUD investigates a prospective home buyer's allegation of discriminatory treatment by a licensee in a brokerage office?

A) records of the houses shown and properties suggested to the prospective buyer
B) whether the licensee believed they were acting in the best interests of the prospective buyer
C) the reports of undercover testers who visited the office
D) whether or not the HUD Equal Housing Opportunity poster is displayed in the office

5. Deposit money received by a salesperson must be turned over to the salesperson's broker

A) Within three days.
B) Immediately.
C) At the signing of the purchase and sale agreement.
D) At the date specified in the offer to purchase.

Solutions: