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Ace Your Massachusetts-Real-Estate-Salesperson Massachusetts Real Estate Exam

Massachusetts Real Estate Salesperson Exam Questions and Answers

Question 33

Which activity may a Massachusetts salesperson perform while acting under the supervision and identity of the employing broker?

Options:

A.

Accept a brokerage listing in the salesperson’s independent name

B.

Maintain client deposits in the salesperson’s own escrow account

C.

Advertise the brokerage’s listings under the employing broker’s identity

D.

Perform all three activities independently

Question 34

A salesperson owns an apartment complex in Boston. The salesperson has decided to advertise the property for sale in a local newspaper and personally sell it. If the salesperson proceeds in this manner, the salesperson is

Options:

A.

Violating the law because the salesperson is not a broker and cannot advertise.

B.

Violating the law because a salesperson may not sell an income-producing property.

C.

Not violating the law because the broker-salesperson distinction does not apply to commercial properties.

D.

Not violating the law because the salesperson has all the rights of a non-salesperson owner.

Question 35

Must a married couple in Massachusetts hold their jointly owned home as tenants by the entirety?

Options:

A.

Yes, Massachusetts requires it

B.

Yes, unless the property is mortgaged

C.

No, spouses can select another legally available form of ownership

D.

No, because tenancy by the entirety is prohibited in Massachusetts

Question 36

A Massachusetts real estate salesperson may perform licensed brokerage activities only when:

Options:

A.

Working under the supervision of an affiliated employing broker

B.

Practicing completely independently

C.

Holding client deposits in a personal account

D.

Operating a separate unlicensed brokerage