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Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. A prescriptive easement is proven by a

A) previous recorded deed.
B) quiet title action.
C) recorded abstract.
D) title policy.

2. A ranch house with a double garage is being valued. The house next door, which is similar except that it lacks a garage and has an outside deck, was sold last month for $138,000. Experience in that area shows that a two- car garage is probably worth $10,000 to buyers, while in general, they will pay only $500 extra for a deck.
The ranch house is most likely to sell for around

A) $128,500
B) $148,500
C) $147,500
D) $123,500

3. A private integrated club refused to rent one of its condos to a minority family. The club explained that it did not rent the condos to the public since the condos were for members only. Is the club in violation of the federal Fair Housing Act, and if so, how?

A) No, because as an integrated club, they could discriminate on the basis of race in renting facilities.
B) No, because a private club may restrict the rental of its own lodgings to its members as long as the lodgings are not operated commercially.
C) Yes, because when race is involved, no exceptions to the federal Fair Housing Act exist.
D) Yes, because the club had minority members, and therefore was not eligible for exemptions from the federal Fair Housing Act.

4. Which of the following activities may result in a fine from the Massachusetts Commission Against Discrimination (MCAD) against a licensee?

A) Failing to give both the buyer and the seller a copy of the purchase and sales agreement
B) Knowingly making any substantial misrepresentation
C) Acting in the dual capacity of broker and undisclosed principal in the same transaction
D) Blockbusting

5. What kind of lease would require the lessee to pay the taxes, insurance, repairs, and other operating expenses of the premises in addition to the regular rental payment?

A) graduated lease
B) gross lease
C) net lease
D) percentage lease

Solutions: