Practice Questions
with Correct
Solutions Graded
A+
Denning [Date] [Course title]
,After 50 years in her single family home in Winchester, Massachusetts Connie is ready to move to sunny
Boca Raton, Florida. She asks her son, Arnold, to help her with the sale of her home since she will be
flying to Florida often and may not be around for showings. Arnold loves his mother and agrees to help
her. He hires a professional photographer to take photos of the home and creates brochures to give to
prospective buyers. While Connie is touring homes in Florida, Arnold hosts the open house and answers
any questions about the home to the buyers who visit. When Connie returns, Arnold shares with her the
feedback from the prospective buyers who toured the home. Does Arnold need a real estate license to
help his mother sell her home?
A No, because the general public is able to buy and sell property for themselves
B Yes, because Arnold was hosting an open house with potential buyers
C No, because Connie is the a - Answer: A No, because the general public is able to buy and sell
property for themselves
A home is contaminated by radon. Which is true?
AThe home cannot be sold until decontaminated
B The home can be sold
C The home can be sold, but radon must be disclosed
D A broker cannot sell the home, but the owner may sell it on their own - Answer: C The home can be
sold, but radon must be disclosed
Fred is a farmer who grows corn on his property. Fred decides to sell his property to Brad prior to his
harvesting of the corn. After the sale, Brad goes to the property and to his surprise, all of the corn has
been harvested. Was it Fred's right to harvest the corn?
A No, because the corn, when planted, became part of the real estate
, B Yes, because Fred planted the corn
C No, because corn does not qualify as personal property
D Yes, because the corn is considered to be a trade fixture - Answer: B Yes, because Fred planted the
corn
Crops that are planted and are harvested annually or biannually (like corn or wheat) are considered to
be emblements. Emblements are not treated as real property because they are not intended to be
permanent. Since Fred planted the corn, and corn is considered to be an emblement, Fred was able to
harvest the corn from the farm.
In the event of a legal claim, a broker's surety bond is used to:
A Compensate the aggrieved party
B Defray legal expenses
C Fine the broker
D Compensate the Board of Registration for their investigation - Answer: A Compensate the aggrieved
party
Every licensed broker (not salesperson), whether a live person or entity, whether active or inactive, is
required to file with the Board a surety bond of $5,000, for the benefit of any person harmed by the loss
of escrow funds held by broker. The money cannot be used to defray the broker's legal expenses, and
must remain current. The bond is provided by a bonding company (the surety or obligor) for a small fee
paid by broker, and is made payable to the Commonwealth and collected by the Board.
A homeowner's insurance underwriter would use which of the following when underwriting a property?
A The Homeowner's Insurance Almanac
B The Comprehensive Loss Underwriting Exchange
C The Comprehensive Liability and Compensation Authority
with Correct
Solutions Graded
A+
Denning [Date] [Course title]
,After 50 years in her single family home in Winchester, Massachusetts Connie is ready to move to sunny
Boca Raton, Florida. She asks her son, Arnold, to help her with the sale of her home since she will be
flying to Florida often and may not be around for showings. Arnold loves his mother and agrees to help
her. He hires a professional photographer to take photos of the home and creates brochures to give to
prospective buyers. While Connie is touring homes in Florida, Arnold hosts the open house and answers
any questions about the home to the buyers who visit. When Connie returns, Arnold shares with her the
feedback from the prospective buyers who toured the home. Does Arnold need a real estate license to
help his mother sell her home?
A No, because the general public is able to buy and sell property for themselves
B Yes, because Arnold was hosting an open house with potential buyers
C No, because Connie is the a - Answer: A No, because the general public is able to buy and sell
property for themselves
A home is contaminated by radon. Which is true?
AThe home cannot be sold until decontaminated
B The home can be sold
C The home can be sold, but radon must be disclosed
D A broker cannot sell the home, but the owner may sell it on their own - Answer: C The home can be
sold, but radon must be disclosed
Fred is a farmer who grows corn on his property. Fred decides to sell his property to Brad prior to his
harvesting of the corn. After the sale, Brad goes to the property and to his surprise, all of the corn has
been harvested. Was it Fred's right to harvest the corn?
A No, because the corn, when planted, became part of the real estate
, B Yes, because Fred planted the corn
C No, because corn does not qualify as personal property
D Yes, because the corn is considered to be a trade fixture - Answer: B Yes, because Fred planted the
corn
Crops that are planted and are harvested annually or biannually (like corn or wheat) are considered to
be emblements. Emblements are not treated as real property because they are not intended to be
permanent. Since Fred planted the corn, and corn is considered to be an emblement, Fred was able to
harvest the corn from the farm.
In the event of a legal claim, a broker's surety bond is used to:
A Compensate the aggrieved party
B Defray legal expenses
C Fine the broker
D Compensate the Board of Registration for their investigation - Answer: A Compensate the aggrieved
party
Every licensed broker (not salesperson), whether a live person or entity, whether active or inactive, is
required to file with the Board a surety bond of $5,000, for the benefit of any person harmed by the loss
of escrow funds held by broker. The money cannot be used to defray the broker's legal expenses, and
must remain current. The bond is provided by a bonding company (the surety or obligor) for a small fee
paid by broker, and is made payable to the Commonwealth and collected by the Board.
A homeowner's insurance underwriter would use which of the following when underwriting a property?
A The Homeowner's Insurance Almanac
B The Comprehensive Loss Underwriting Exchange
C The Comprehensive Liability and Compensation Authority
