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Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. Time is of the essence means

A) the closing must occur as soon as possible.
B) time limits set forth in the contract must be carefully observed.
C) time limits stated in the contract may not be modified, even by mutual agreement of the parties.
D) every act under the contract must be performed on the exact date specified.

2. A salesperson owns an apartment complex in Boston. The salesperson has decided to advertise the property for sale in a local newspaper and personally sell it. If the salesperson proceeds in this manner, the salesperson is

A) Violating the law because the salesperson is not a broker and cannot advertise.
B) Violating the law because a salesperson may not sell an income-producing property.
C) Not violating the law because the broker-salesperson distinction does not apply to commercial properties.
D) Not violating the law because the salesperson has all the rights of a non-salesperson owner.

3. Active licensees renewing a real estate license must have completed how many hours of continuing education during the two years prior to the scheduled renewal?

A) Four
B) Sixteen
C) Twelve
D) Six

4. Which of the following groups are protected under the Massachusetts Fair Housing Laws?

A) Sex offenders
B) Smokers
C) Students
D) Public assistance recipients

5. An advertisement emphasizes information meant to appeal to a particular ethnic or national group in an effort to maintain the character of the neighborhood. From the viewpoint of the federal Fair Housing Act, this could constitute a violation known as

A) blockbusting.
B) panic selling.
C) redlining.
D) steering.

Solutions: