Real Estate Massachusetts-Real-Estate-Salesperson : Massachusetts Real Estate Salesperson Exam

  • Exam Code: Massachusetts-Real-Estate-Salesperson
  • Exam Name: Massachusetts Real Estate Salesperson Exam
  • Updated: Oct 07, 2026

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About Real Estate Massachusetts-Real-Estate-Salesperson Exam

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Real Estate Massachusetts-Real-Estate-Salesperson Exam Syllabus Topics:

SectionObjectives
Massachusetts State-Specific Real Estate Law- Real Estate Practices in Massachusetts
  • 1. Transaction procedures
    • 2. Escrow and trust accounts
      - Fair Housing and Anti-Discrimination Laws
      • 1. Massachusetts fair housing rules
        • 2. Federal Fair Housing Act
          - State Licensing Laws
          • 1. License law and regulations
            • 2. Broker and salesperson requirements
              National Real Estate Principles & Practices- Contracts
              • 1. Purchase and sale agreements
                • 2. Listing agreements
                  - Property Ownership
                  • 1. Land use and regulations
                    • 2. Types of ownership (fee simple, leasehold)
                      - Financing
                      • 1. Mortgage types
                        • 2. Loan origination process
                          - Valuation and Market Analysis
                          • 1. Comparative market analysis
                            • 2. Appraisal principles
                              - Agency Principles
                              • 1. Fiduciary duties
                                • 2. Disclosure requirements
                                  - Land Use Controls & Regulations
                                  • 1. Zoning laws
                                    • 2. Environmental regulations

                                      Real Estate Massachusetts Real Estate Salesperson Sample Questions:

                                      Question #1

                                      A person leaves an estate as follows: 54% to a spouse, 18% to a daughter, 16% to a son, and the remainder to a church. The church receives $79,000. Approximately how much does the daughter receive?

                                      • A. $142,200
                                      • B. $79,000
                                      • C. $98,750
                                      • D. $118,500
                                      Reveal Solution  Discussion  0

                                      Correct Answer: D  🗳️

                                      Explanation: Only visible for TorrentVCE members. You can sign-up / login (it's free).

                                      Question #2

                                      A bill of sale is ordinarily used to transfer which type of property?

                                      • A. Real property transferred by will
                                      • B. Real property
                                      • C. Personal property
                                      • D. No type of property
                                      Reveal Solution  Discussion  0

                                      Correct Answer: C  🗳️

                                      Explanation: Only visible for TorrentVCE members. You can sign-up / login (it's free).

                                      Question #3

                                      Which statement accurately reflects current FHA policy regarding construction financing?

                                      • A. FHA finances construction only through direct federal loans
                                      • B. FHA construction financing is limited exclusively to commercial property
                                      • C. FHA can never insure financing connected with construction
                                      • D. FHA may insure qualifying construction-to-permanent or rehabilitation financing under approved programs
                                      Reveal Solution  Discussion  0

                                      Correct Answer: D  🗳️

                                      Explanation: Only visible for TorrentVCE members. You can sign-up / login (it's free).

                                      Question #4

                                      A rectangular lot contains 16,500 square feet. It has a depth of 150 feet. Each of two adjacent rectangular lots contains 4,950 square feet with a depth of 150 feet. What is the total street frontage of the three lots in linear feet?

                                      • A. 133
                                      • B. 159
                                      • C. 143
                                      • D. 176
                                      Reveal Solution  Discussion  0

                                      Correct Answer: B  🗳️

                                      Explanation: Only visible for TorrentVCE members. You can sign-up / login (it's free).

                                      Question #5

                                      A buyer wants to purchase a home for $150,000 with a 30% down payment. The lender charges 1.75 points.
                                      How much money does the buyer need up front to make the purchase?

                                      • A. $47,625
                                      • B. $46,838
                                      • C. $45,000
                                      • D. $45,788
                                      Reveal Solution  Discussion  0

                                      Correct Answer: A  🗳️

                                      Explanation: Only visible for TorrentVCE members. You can sign-up / login (it's free).

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