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

Massachusetts-Real-Estate-Salesperson

Exam Code: Massachusetts-Real-Estate-Salesperson

Exam Name: Massachusetts Real Estate Salesperson Exam

Updated: Oct 23, 2026

Q & A: 354 Questions and Answers

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

SectionWeightObjectives
National Portion67%- Property Disclosures
  • 1. Hazard and environmental disclosures
    • 2. Seller obligations
      - Contracts
      • 1. Contingencies and amendments
        • 2. Listing and purchase agreements
          • 3. Elements of valid contracts
            - Real Estate Practice
            • 1. Advertising and fair housing
              • 2. Antitrust and business practices
                • 3. License law and ethics
                  - Financing
                  • 1. Mortgage types and terms
                    • 2. Loan qualification and closing
                      • 3. Lending regulations (RESPA, TILA)
                        - Property Ownership
                        • 1. Encumbrances and easements
                          • 2. Types of ownership
                            • 3. Land characteristics and legal descriptions
                              - Transfer of Title
                              • 1. Closing procedures and costs
                                • 2. Deeds and title insurance
                                  - Land Use Controls and Regulations
                                  • 1. Environmental regulations
                                    • 2. Zoning and planning
                                      • 3. Public and private restrictions
                                        - Agency Relationships and Duties
                                        • 1. Disclosure requirements
                                          • 2. Types of agency
                                            • 3. Fiduciary responsibilities
                                              - Real Estate Calculations
                                              • 1. Commission and proration
                                                • 2. Tax and investment math
                                                  - Valuation and Market Analysis
                                                  • 1. Appraisal methods
                                                    • 2. Comparative Market Analysis
                                                      • 3. Market value vs cost vs price
                                                        Massachusetts State Portion33%- Fair Housing and Consumer Protection
                                                        • 1. Massachusetts anti-discrimination laws
                                                          • 2. Consumer protection regulations
                                                            - Landlord-Tenant Law
                                                            • 1. Eviction and security deposit rules
                                                              • 2. Lease requirements and obligations
                                                                - Board Regulations and Licensing
                                                                • 1. Licensing requirements and renewal
                                                                  • 2. Powers and duties of the Board
                                                                    • 3. Grounds for discipline
                                                                      - State-Specific Practices
                                                                      • 1. Agency and disclosure rules
                                                                        • 2. Transaction procedures
                                                                          - Massachusetts Real Estate Law
                                                                          • 1. Attorney role in transactions
                                                                            • 2. Lead paint and environmental laws
                                                                              • 3. State-specific contract rules

                                                                                Real Estate Massachusetts Real Estate Salesperson Sample Questions:

                                                                                Question #1
                                                                                An income-producing property generates $72,000 annually and has $60,000 of applicable annual expenses. If an 8% capitalization rate is appropriate, what is its indicated value?

                                                                                A. $96,000
                                                                                B. $900,000
                                                                                C. $150,000
                                                                                D. $120,000


                                                                                Question #2
                                                                                Which event would not necessarily terminate a listing agreement by itself?

                                                                                A. Death of the principal or agent in circumstances terminating agency
                                                                                B. Expiration of the agreed listing term
                                                                                C. A minor kitchen fire that does not destroy the property or make performance impossible
                                                                                D. Mutual agreement to terminate


                                                                                Question #3
                                                                                The Massachusetts Consumer Protection Act (M.G.L. c. 93A) does NOT apply to which of the following persons?

                                                                                A. Listing brokers who receive only a percentage of commissions
                                                                                B. Owners who sell their homes privately
                                                                                C. Salespersons since they are obligated to their employing brokers only
                                                                                D. Builders who sell fewer than ten homes a year


                                                                                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. 176
                                                                                C. 159
                                                                                D. 143


                                                                                Question #5
                                                                                Under Massachusetts law in 2026, what automatic homestead protection is generally available for a qualifying principal residence even if no homestead declaration has been recorded?

                                                                                A. $125,000
                                                                                B. $25,000
                                                                                C. $1,000,000
                                                                                D. $500,000


                                                                                Solutions:

                                                                                Question #1
                                                                                Correct Answer: C
                                                                                Question #2
                                                                                Correct Answer: C
                                                                                Question #3
                                                                                Correct Answer: B
                                                                                Question #4
                                                                                Correct Answer: C
                                                                                Question #5
                                                                                Correct Answer: A

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