MA REAL ESTATE PRACTICE EXAM QUESTIONS & ANSWERS, GRADED A+/ VERIFIED/| latest update 2024/25|

MA REAL ESTATE PRACTICE EXAM QUESTIONS & ANSWERS, GRADED A+/ VERIFIED/ Blockbusting causes: A Trust busting B Panic peddling C Blind advertising D Redlining - -B. Panic Peddling Blockbusting causes panic peddling (also known as panic selling), where homeowners quickly sell their homes for fear of a drop in home values due to the entry of a protected class into their neighborhood. Which of the following advertisements would violate fair housing law? A Private outdoor space B No elevator access C Walk-in closet D Easy access to the highway - -C Walk-in closet "Walk-in closet" is an example of discriminatory advertising directed toward those with a physical disability. A better choice of words would be "spacious closet" or "large closet." Which of the following activities would a salesperson be able to perform? A Take listings B Deposit client money C Advertise listings D All of the above - -D All of the above Salespersons are never allowed to handle client money or technically take listings, since the listings belong to the brokerage. The broker is the one who takes the listing and the salesperson may work to advertise, sell and negotiate the terms as an extension of the broker. Under the Fair Housing Act of 1968 and amendments, it is lawful to discriminate based on: A Religion B Children C National origin D Sexual orientation - -D Sexual orientation While sexual orientation is protected under many state's fair housing laws, it is not a protected class under the Fair Housing Act of 1968 and amendments All of the following are included in the four unities of joint tenancy, except: A Unity of time B Unity of measure C Unity of interest D Unity of possession - -B Unity of measure The four unities of joint tenancy are time, interest, possession, and title. A bill of sale is used to convey what? A Real property B Personal property C Property by will D None of the above - -B Personal property Bills of sale (or receipts) transfer ownership of personal propert Real property can become personal property by which process? A Fiduciary B Annexation C Severance D Hypothecation - -C Severance The act of severance makes real property become personal property; an example is digging up a tree. A lease creates an interest(s) known as a: A Freehold interest B Non-freehold interest C Non-freehold and rental only interes