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Real Estate Updated Massachusetts-Real-Estate-Salesperson Exam Questions and Answers by aden

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Real Estate Massachusetts-Real-Estate-Salesperson Exam Overview :

Exam Name: Massachusetts Real Estate Salesperson Exam
Exam Code: Massachusetts-Real-Estate-Salesperson Dumps
Vendor: Real Estate Certification: Massachusetts Real Estate
Questions: 350 Q&A's Shared By: aden
Question 84

A Massachusetts attorney in good standing seeks a real estate broker license. Which statement is correct?

Options:

A.

The attorney must first work as a salesperson for three years

B.

The attorney may qualify for an attorney-broker license without taking the ordinary broker examination

C.

Attorneys cannot hold broker licenses

D.

The attorney automatically receives a broker license without filing an application

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Question 85

Beginning August 1, 2025, who ordinarily must pay a residential rental broker ' s fee in Massachusetts?

Options:

A.

The tenant in every case

B.

The landlord in every case

C.

The party who hired the broker or salesperson

D.

The municipality

Discussion
Question 86

A client makes an offer on a residential property and provides a check for $2,000 as earnest money. The client instructs his buyer agent to hold the check for five days so it will clear the bank. What should the agent do with the check?

Options:

A.

Provide the check to his broker immediately with the client ' s instruction to hold it for five days before depositing it in the escrow account.

B.

Inform the client that the offer will be presented without any earnest money since the agent is required to submit all offers.

C.

Hold it for five days before submitting the check to his broker for deposit in the escrow account.

D.

Refuse to present the offer to the seller ' s agent until the earnest money can be deposited.

Discussion
Question 87

Broker N has five affiliated salespersons. On Monday at 10:00 a.m., Salesperson J submitted an offer to purchase from a prospective buyer. The offer price was $300,000. An hour later, Salesperson R submitted an offer of $296,000. However, Broker N held the second offer until the seller rejected the first offer. Broker N ' s conduct in this situation is

Options:

A.

Permissible as long as both salespeople knew of Broker N ' s action.

B.

Permissible as long as both salespeople share a commission on either of the offers accepted by the seller.

C.

Not permissible because a broker must inform all potential buyers of existing offers.

D.

Not permissible because a broker must present all offers to the principal forthwith.

Discussion
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