Real Estate Massachusetts-Real-Estate-Salesperson test insides dumps : Massachusetts Real Estate Salesperson Exam

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Real Estate Massachusetts-Real-Estate-Salesperson Exam Syllabus Topics:

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. 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) net lease
B) percentage lease
C) graduated lease
D) gross lease

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

A) Refuse the listing.
B) Inform the Board of Registration.
C) Inform the Massachusetts Commission Against Discrimination.
D) Accept the listing.

3. Which of the following is used in the cost approach when estimating the value of improvements?

A) The assessed value of the property including the land.
B) The price per square foot of comparable properties.
C) Location, available financing, and depreciation.
D) How much it would cost to build a similar building at today's cost.

4. The Massachusetts Consumer Protection Act requires that

A) The broker disclose known material defects.
B) The seller disclose all offers received.
C) The seller's information be kept confidential.
D) The buyer be informed of all offers.

5. A landlord may require that a disabled tenant

A) not install grab bars in the tile shower if drilling holes in the tile is required.
B) pay double the usual $500 security deposit.
C) pay an additional fee for using the swimming pool to cover the added insurance cost.
D) remove the wheelchair ramp from the apartment upon vacating the unit.

Solutions: