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Real Estate Massachusetts Real Estate Salesperson Sample Questions:

1. In a firm whose business model is designated agency, who represents the client named in the consumer licensee disclosure form?

A) All other designated seller agents
B) All the licensees
C) Only the individual agent(s) named on the consumer licensee disclosure form
D) All other designated buyer agents

2. Quality Supermarkets has taken occupancy of a retail building and has a long-term lease. As part of their fit- up, they bolt to the floor their meat and dairy coolers, shelves, and check-out stands.
When Quality Supermarkets vacates the property at the end of the lease, will Quality Supermarkets be legally entitled to remove these fixtures?

A) No, because they are bolted to the floor.
B) Yes, because they are appurtenances.
C) No, because they are trade fixtures.
D) Yes, if removed prior to the end of the lease.

3. Two top licensees in a small town have agreed not to show listings of a new real estate firm charging a low commission rate to sellers. This behavior is a violation of the

A) Sherman Antitrust Act.
B) Blue-Sky laws.
C) federal fair housing laws.
D) Equal Credit Opportunity Act.

4. A home warranty for a previously owned home would usually cover which of the following items?

A) only home systems such as the roof, plumbing, and foundation
B) major appliances, the buyer's personal property, and any seller added fixtures
C) structure or flooding issues after closing
D) major appliances and home systems such as electric, heating, and plumbing

5. An owner has a freestanding cabinet that was custom-built to fit an alcove of the living room. When the owner sells the home, the cabinet will be best described as

A) personal property.
B) a fixture.
C) real property.
D) an appurtenance.

Solutions: