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Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. What is the difference between a license to use property and an easement?

A) A license can be cancelled by the issuer.
B) There must be consideration paid for an easement.
C) There must be consideration paid for a license.
D) An easement can be cancelled by the issuer.

2. A buyer wants to purchase a home for $150,000 with a 30% down payment. The lender charges 1.75 points.
How much money does the buyer need up front to make the purchase?

A) $47,625
B) $46,838
C) $45,000
D) $45,788

3. Who establishes zoning ordinances?

A) regional councils
B) local authorities
C) individual states
D) the federal government

4. According to the CAN-SPAM Act, every email advertisement for real estate services must do all of the following EXCEPT

A) allow a method for the recipient to opt out and not receive future emails.
B) advise the recipient that it will take 180 days to remove the recipient's name from this email list.
C) inform the recipient of the name and location of the brokerage firm.
D) clearly indicate the nature of the content of the email.

5. Deposit money received by a salesperson must be turned over to the salesperson's broker

A) At the signing of the purchase and sale agreement.
B) Immediately.
C) Within three days.
D) At the date specified in the offer to purchase.

Solutions: