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Pass the Real Estate Massachusetts Real Estate Massachusetts-Real-Estate-Salesperson Questions and answers with Dumpstech

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Viewing page 10 out of 11 pages
Viewing questions 91-100 out of questions
Questions # 91:

A court finds that a business willfully and knowingly violated Massachusetts Chapter 93A. What enhanced remedy may be available to the consumer?

Options:

A.

Automatic ownership of the business

B.

Double or treble damages

C.

Cancellation of all mortgages in Massachusetts

D.

Criminal imprisonment in every case

Questions # 92:

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

Questions # 93:

Before a Massachusetts consumer ordinarily files a Chapter 93A consumer claim alleging unfair or deceptive business conduct, what document must generally be sent to the business?

Options:

A.

Ten-day eviction notice

B.

Thirty-day demand letter

C.

Lis pendens

D.

Mortgage commitment

Questions # 94:

A Massachusetts licensee acts as a facilitator in a transaction. What is the key characteristic of this relationship?

Options:

A.

The facilitator owes full seller-agent fiduciary loyalty

B.

The facilitator owes full buyer-agent fiduciary loyalty

C.

The facilitator assists the transaction without representing the consumer as an agent

D.

The facilitator automatically becomes a dual agent

Questions # 95:

For Massachusetts real-estate brokerage recordkeeping, transaction and escrow records generally must be retained for at least:

Options:

A.

One year

B.

Two years

C.

Three years

D.

Ten years

Questions # 96:

If owners ask a broker not to show a property to recipients of government assistance, the broker must

Options:

A.

Refuse the listing.

B.

Inform the Board of Registration.

C.

Accept the listing.

D.

Inform the Massachusetts Commission Against Discrimination.

Questions # 97:

A farmer openly uses and cultivates a portion of a neighbor ' s land without permission continuously for 20 years. Under Massachusetts law, which doctrine could potentially allow the farmer to acquire title to that land?

Options:

A.

Easement by necessity

B.

Adverse possession

C.

Prescription by lease

D.

Escheat

Questions # 98:

A Massachusetts tenant independently hires a broker to locate an apartment. What must the broker provide concerning the broker ' s fee?

Options:

A.

Nothing in writing

B.

Written disclosure identifying the hiring party, fee amount, and payment terms

C.

Disclosure only after the tenant moves in

D.

Disclosure only if the fee exceeds one month ' s rent

Questions # 99:

A prospective tenant wishes to rent an apartment and is told by the owner that the owner does not want to rent to anyone with children because of the lead paint. The prospective tenant, who has children ages four, six, and nine years old, is not concerned about lead paint and wants to rent the apartment for six months. The owner agrees to lease them the unit. Concerning the lead paint, the owner must

Options:

A.

Write into the lease that the tenant has agreed that de-leading is not necessary.

B.

Not de-lead because this is only a six-month lease.

C.

De-lead or make lead-safe whether the tenant requires it or not.

D.

Wait to de-lead until the owner has sufficient funds.

Questions # 100:

Ryan is an affiliated salesperson working for Broker Donald and obtains five listing agreements for Donald ' s brokerage. Ryan later leaves and becomes affiliated with Broker Karla. What ordinarily happens to the five listings?

Options:

A.

Ryan automatically takes them to Karla

B.

The listings remain with Donald ' s brokerage

C.

They automatically become open listings

D.

They automatically terminate when Ryan changes brokers

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