Real estate state exam
To evict someone for non-payment of rent a landlord must give a how many days
notice?
7 days
14 days
30 days
45 days - answer14 days; A landlord can evict a tenant for not paying rent, but the
landlord must first give the tenant a 14-day notice, after rent is due but not paid. The
notice must state that the tenant has 14 days to either pay rent or move out of the rental
unit, or the lease will terminate.
An owner can redeem his or her property within how many months after a tax sale?
two
three
five
six - answersix; In Massachusetts, most people get a six-month redemption period after
the sale or the taking to pay off the tax debt and keep the home.
The Board may suspend, revoke, or refuse to renew a license, for which of the following
reasons:
All of the following would be grounds for The Board to suspend, revoke, or refuse to
renew a license
A licensee which was found to have been obtained a license by fraudulent
representation.
Failure to give both the buyer and seller a copy of any real estate contract.
A licensee knowingly making any substantial misrepresentation. - answerAll of the
following would be grounds for The Board to suspend, revoke, or refuse to renew a
license
All of the following would be grounds for The Board to suspend, revoke, or refuse to
renew a license.
Under Federal Fair Housing law there are seven protected classes, how many
additional classes does Massachusetts have?
two
three
six
eight - answereight
, Under Federal Fair Housing law there are seven protected classes. Massachusetts law
adds eight additional protected classes. The additional ones are: Age, Ancestry,
Children, Genetic Information, Marital Status, Public and/or Rental Assistance, Sexual
orientation, Veteran/Military Status, and Gender Identity.
Is commingling legal in Massachusetts? - answerno
No it is not. Commingling is a breach of trust in which a fiduciary mixes funds held in
care for a client with their own funds. Commingling is illegal in Massachusetts.
According to Massachusetts law, ALL offers and counteroffers, written or verbal, must
be brought to the client with one exception;
If the offer is made from a family member of the client.
If the offer is made from another licensed real estate agent or broker
If the agent believes the offer is not good enough for their client.
If the agent holds power of attorney - answerIf the agent holds power of attorney
ALL offers and counteroffers, written or verbal, must be brought to the client unless the
agent holds the power of attorney. A power of attorney (POA) is a legal document giving
one person (the agent or attorney-in-fact) the power to act for another person (the
principal).
Which of the following regulates environmental hazards, dealing with hazardous waste?
Chapter 178 C
Chapter 151 B
Chapter 93 A
Chapter 21 E. - answerChapter 21 E
The regulations of environmental hazards, dealing with hazardous waste are under
Chapter 21 E.
When would an active license be considered inactive?
If an agent or broker fails to turn in their continuing education.
If an agent or broker fails to make the minimum Massachusetts sales threshold.
If an agent or broker joins the NAR.
If an agent or broker joins the military. - answerIf an agent or broker fails to turn in their
continuing education.
Remember when a license is inactive it is voluntary. Meaning it is initiated by the
salesperson or broker. Failure to turn in proof of continuing education would cause the
license to be inactive because the salesperson or broker did NOT turn in or complete
the appropriate paperwork.
To evict someone for non-payment of rent a landlord must give a how many days
notice?
7 days
14 days
30 days
45 days - answer14 days; A landlord can evict a tenant for not paying rent, but the
landlord must first give the tenant a 14-day notice, after rent is due but not paid. The
notice must state that the tenant has 14 days to either pay rent or move out of the rental
unit, or the lease will terminate.
An owner can redeem his or her property within how many months after a tax sale?
two
three
five
six - answersix; In Massachusetts, most people get a six-month redemption period after
the sale or the taking to pay off the tax debt and keep the home.
The Board may suspend, revoke, or refuse to renew a license, for which of the following
reasons:
All of the following would be grounds for The Board to suspend, revoke, or refuse to
renew a license
A licensee which was found to have been obtained a license by fraudulent
representation.
Failure to give both the buyer and seller a copy of any real estate contract.
A licensee knowingly making any substantial misrepresentation. - answerAll of the
following would be grounds for The Board to suspend, revoke, or refuse to renew a
license
All of the following would be grounds for The Board to suspend, revoke, or refuse to
renew a license.
Under Federal Fair Housing law there are seven protected classes, how many
additional classes does Massachusetts have?
two
three
six
eight - answereight
, Under Federal Fair Housing law there are seven protected classes. Massachusetts law
adds eight additional protected classes. The additional ones are: Age, Ancestry,
Children, Genetic Information, Marital Status, Public and/or Rental Assistance, Sexual
orientation, Veteran/Military Status, and Gender Identity.
Is commingling legal in Massachusetts? - answerno
No it is not. Commingling is a breach of trust in which a fiduciary mixes funds held in
care for a client with their own funds. Commingling is illegal in Massachusetts.
According to Massachusetts law, ALL offers and counteroffers, written or verbal, must
be brought to the client with one exception;
If the offer is made from a family member of the client.
If the offer is made from another licensed real estate agent or broker
If the agent believes the offer is not good enough for their client.
If the agent holds power of attorney - answerIf the agent holds power of attorney
ALL offers and counteroffers, written or verbal, must be brought to the client unless the
agent holds the power of attorney. A power of attorney (POA) is a legal document giving
one person (the agent or attorney-in-fact) the power to act for another person (the
principal).
Which of the following regulates environmental hazards, dealing with hazardous waste?
Chapter 178 C
Chapter 151 B
Chapter 93 A
Chapter 21 E. - answerChapter 21 E
The regulations of environmental hazards, dealing with hazardous waste are under
Chapter 21 E.
When would an active license be considered inactive?
If an agent or broker fails to turn in their continuing education.
If an agent or broker fails to make the minimum Massachusetts sales threshold.
If an agent or broker joins the NAR.
If an agent or broker joins the military. - answerIf an agent or broker fails to turn in their
continuing education.
Remember when a license is inactive it is voluntary. Meaning it is initiated by the
salesperson or broker. Failure to turn in proof of continuing education would cause the
license to be inactive because the salesperson or broker did NOT turn in or complete
the appropriate paperwork.
