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Real Estate Massachusetts Real Estate Salesperson Exam Sample Questions (Q24-Q29):

NEW QUESTION # 24
Which of the following acts does NOT require notifying the Board of Registration?

A. A broker changes his or her mailing address.
B. A broker conducts business under the broker's own name.
C. A salesperson terminates employment with one broker and affiliates with another.
D. A broker commences business under the trade name of ABC Realty.

Answer: B

Explanation:
Massachusetts real estate law requires licensees to notify the Board of Registration of Real Estate Brokers and Salespersons of any changes that affect their license status or operations. This includes:
Change of mailing address (M.G.L. c. 112, 87YY).
Change of broker affiliation for salespersons.
Operating under a trade name (which requires Board approval and proper business certificates).
However, a broker who conducts business under their own legal name does not need to notify the Board separately of this fact. The license is already issued in the broker's name, so no additional approval is required unless a trade or business name is used.
Reference: 254 CMR 2.00; M.G.L. c. 112, 87YY.

NEW QUESTION # 25
What type of relationship does NOT require confidentiality?

A. Dual agency
B. Seller agency
C. Buyer agency
D. Facilitator

Answer: D

Explanation:
In Massachusetts, real estate licensees may act as agents (seller's agent, buyer's agent, or dual agent) or as a facilitator (non-agent). Agency relationships impose fiduciary duties, including confidentiality, loyalty, and full disclosure.
A facilitator, however, does not represent either party as an agent. Instead, the facilitator assists both parties with paperwork and transaction logistics but owes no fiduciary duty of confidentiality or loyalty. The facilitator must treat all parties honestly and fairly but cannot favor one side over the other.
Therefore, confidentiality applies in seller, buyer, and dual agency, but not in facilitator relationships.
Reference: 254 CMR 3.00; Massachusetts Consumer Guide to Real Estate Agency Relationships.

NEW QUESTION # 26
The heir to a large estate will be of legal age within 30 days. The heir lists for sale with a broker one of the properties held by the estate. The broker knows of a buyer for the property and sells it within 24 hours of listing, with closing to be in 45 days. Both listing and sale contracts are

A. fulfilled.
B. executed.
C. executory.
D. voidable.

Answer: D

Explanation:
Comprehensive and Detailed Explanation (150-250 words):
Contracts entered into by a minor (a person not yet of legal age) are generally voidable at the option of the minor. In this case, the heir is still underage when signing both the listing and the sales contract. Although enforceable by the minor, they may be disaffirmed before reaching majority age or within a reasonable time thereafter.
Fulfilled (A) applies only once all terms have been performed.
Executed (B) means fully performed; here, the contracts are not.
Executory (D) means still in progress, which is true, but the critical legal issue is that the contracts are voidable due to minority.
Therefore, both contracts are voidable.
Reference: Massachusetts Real Estate Salesperson Candidate Handbook - Contracts; M.G.L. c.231 §85O (contracts with minors).

NEW QUESTION # 27
A broker may withdraw money from the broker's escrow account

A. When ordered by the seller's attorney.
B. When the transaction has been consummated.
C. To pay for advertising expenses related to the sale.
D. To cover the broker's commission.

Answer: B

Explanation:
Escrow accounts are regulated under 254 CMR 3.10 and Massachusetts licensing law. All deposits, such as earnest money, must be kept in a separate escrow account maintained by the broker. These funds remain the property of the client until the transaction is consummated (closed) or otherwise terminated by mutual agreement or legal judgment.
A broker may only withdraw money when the transaction has been completed or when the parties have agreed in writing how the funds should be disbursed. Brokers cannot use escrow funds to pay commissions, marketing expenses, or other business costs until the closing. Misuse or commingling of escrow funds is a serious violation and can result in license suspension or revocation.
Reference: 254 CMR 3.10 - Handling of Client Funds; M.G.L. c. 112, 87AAA-87DDD.

NEW QUESTION # 28
If a seller defaults in performance of a contract, any of the following actions would be likely to help the buyer recover any losses EXCEPT

A. bringing an action against the seller for payment of compensatory damages.
B. canceling the contract and recovering the earnest money.
C. filing a complaint with the Real Estate Commission.
D. suing the seller for specific performance.

Answer: C

Explanation:
Comprehensive and Detailed Explanation (150-250 words):
When a seller defaults on a purchase agreement, the buyer's remedies typically include:
Specific performance (A): Court order requiring the seller to perform.
Canceling and recovering earnest money (C).
Suing for damages (D).
However, filing a complaint with the Real Estate Commission (B) is not a legal remedy against the seller because the Commission regulates licensees, not private sellers. Unless the seller is also a licensee, the Commission cannot enforce the contract or award damages.
Thus, the correct answer is B: filing a complaint with the Real Estate Commission.
Reference: Massachusetts Real Estate Salesperson Candidate Handbook - Contracts; Buyer Remedies.

NEW QUESTION # 29
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Sam Scott Sam Scott

Biography

Trustworthy Massachusetts-Real-Estate-Salesperson Source & New Massachusetts-Real-Estate-Salesperson Test Forum

New Massachusetts-Real-Estate-Salesperson Test Forum - Massachusetts-Real-Estate-Salesperson Test Dumps Pdf

Real Estate Massachusetts Real Estate Salesperson Exam Sample Questions (Q24-Q29):

Massachusetts-Real-Estate-Salesperson Pass-Sure Braindumps: Massachusetts Real Estate Salesperson Exam & Massachusetts-Real-Estate-Salesperson Exam Guide

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