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

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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: walter
Question 88

When practicing as a facilitator, the facilitator

Options:

A.

Has an agency obligation of disclosure to the seller.

B.

Must have signed Disclosed Dual Agency.

C.

Must represent a seller or a buyer.

D.

Does not represent the seller or the buyer.

Discussion
Question 89

A seller tells the listing agent, “Do not show me any offers below $500,000.” The agent later receives an offer for $490,000. Under Massachusetts Board guidance, what should the agent do?

Options:

A.

Destroy the offer

B.

Present the offer to the seller

C.

Reject it without informing the seller

D.

Hold it until another offer arrives

Discussion
Question 90

Which of the following agreements may be enforceable in Massachusetts even if made orally, assuming no other legal defect?

Options:

A.

A twenty-year lease of real estate

B.

A real estate listing agreement

C.

A contract for the sale of real estate

D.

A purchase-and-sale agreement transferring real property

Discussion
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Question 91

Absent a special agreement changing the normal Massachusetts rule, when is a broker generally entitled to a sales commission?

Options:

A.

Immediately when any buyer submits an offer

B.

When a ready, willing, and able buyer enters a binding contract on the seller ' s terms and the transaction closes, unless closing fails because of the seller ' s wrongful conduct

C.

Immediately when advertising begins

D.

Only after the buyer has owned the property for one year

Discussion
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