Exam Code: Massachusetts-Real-Estate-Salesperson
Exam Name: Massachusetts Real Estate Salesperson Exam
Certification Provider: Real Estate
Corresponding Certification: Massachusetts Real Estate

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

Section

Weight

Objectives

National Portion

67%

- Transfer of Title

1. Deeds and title insurance
2. Closing procedures and costs

- Valuation and Market Analysis

1. Comparative Market Analysis
2. Market value vs cost vs price
3. Appraisal methods

- Property Ownership

1. Types of ownership
2. Encumbrances and easements
3. Land characteristics and legal descriptions

- Agency Relationships and Duties

1. Disclosure requirements
2. Fiduciary responsibilities
3. Types of agency

- Real Estate Calculations

1. Commission and proration
2. Tax and investment math

- Land Use Controls and Regulations

1. Environmental regulations
2. Zoning and planning
3. Public and private restrictions

- Property Disclosures

1. Hazard and environmental disclosures
2. Seller obligations

- Contracts

1. Elements of valid contracts
2. Listing and purchase agreements
3. Contingencies and amendments

- Real Estate Practice

1. Antitrust and business practices
2. License law and ethics
3. Advertising and fair housing

- Financing

1. Mortgage types and terms
2. Lending regulations (RESPA, TILA)
3. Loan qualification and closing

Massachusetts State Portion

33%

- Massachusetts Real Estate Law

1. Attorney role in transactions
2. Lead paint and environmental laws
3. State-specific contract rules

- Landlord-Tenant Law

1. Eviction and security deposit rules
2. Lease requirements and obligations

- State-Specific Practices

1. Agency and disclosure rules
2. Transaction procedures

- Board Regulations and Licensing

1. Grounds for discipline
2. Powers and duties of the Board
3. Licensing requirements and renewal

- Fair Housing and Consumer Protection

1. Massachusetts anti-discrimination laws
2. Consumer protection regulations

Real Estate Massachusetts Real Estate Salesperson Sample Questions:

Question #1

A broker lists a property for ninety days. A buyer stops at the owner ' s residence and makes an offer for the property, which the owner accepts. The broker has no knowledge of the sales agreement between the buyer and the owner. The broker is entitled to a commission from the sale if the agreement the broker had with the owner was a(n)

A. Exclusive right-to-sell listing.
B. Open listing.
C. Net listing.
D. Exclusive agency listing.

Reveal Solution Discussion 0

Correct Answer: A 🗳️