BTW, DOWNLOAD part of PracticeVCE Massachusetts-Real-Estate-Salesperson dumps from Cloud Storage: https://drive.google.com/open?id=1_VsufK13AQBSKZ7Pk9XlD8d9iU6qRzNu
The PracticeVCE is a leading platform that has been helping the Real Estate Massachusetts-Real-Estate-Salesperson exam aspirants for many years. Over this long time period, thousands of Massachusetts Real Estate Salesperson Exam (Massachusetts-Real-Estate-Salesperson) exam candidates have passed their dream Real Estate Massachusetts-Real-Estate-Salesperson Certification Exam and have become a member of Real Estate Massachusetts-Real-Estate-Salesperson certification exam community. They all got help from valid, updated, and real Massachusetts-Real-Estate-Salesperson exam dumps.
| Section | Weight | Objectives |
|---|---|---|
| Massachusetts Real Estate Law | 33% | - Licensing Requirements
|
| General Real Estate Knowledge | 67% | - Contracts
|
>> New Massachusetts-Real-Estate-Salesperson Test Dumps <<
The PracticeVCE Massachusetts Real Estate Salesperson Exam (Massachusetts-Real-Estate-Salesperson) PDF dumps file is a collection of real, valid, and updated Massachusetts-Real-Estate-Salesperson practice questions that are also easy to install and use. The Massachusetts-Real-Estate-Salesperson PDF dumps file can be installed on a desktop computer, laptop, and even on your smartphone devices. Just download PracticeVCE Massachusetts Real Estate Salesperson Exam in Massachusetts-Real-Estate-Salesperson PDF Questions on your desired device and start Real Estate Massachusetts-Real-Estate-Salesperson exam dumps preparation today.
NEW QUESTION # 313
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)
Answer: C
Explanation:
An exclusive right-to-sell listing guarantees that the broker will receive a commission no matter who finds the buyer - even if the owner sells the property themselves. If the broker had an exclusive right-to-sell listing with the owner, the broker is entitled to a commission if the property sells during the listing period, regardless of whether the broker was involved in the sale or not.
Exclusive agency listing only entitles the broker to a commission if they or another agent find the buyer; if the owner sells the property themselves, they do not owe the broker a commission.
Open listing allows the owner to sell the property themselves without owing the broker a commission unless the broker finds the buyer.
Net listing is illegal in Massachusetts as it could encourage brokers to manipulate the sale price for their own benefit.
Thus, the broker is entitled to a commission if the listing was an exclusive right-to-sell.
Reference: Massachusetts Real Estate License Law, M.G.L. c. 112, §§ 87PP-87DDD; 254 CMR 2.00 - Listings.
NEW QUESTION # 314
A licensee whose license has been suspended is required to
Answer: D
Explanation:
When a real estate license is suspended in Massachusetts, the licensee must surrender their license to the Board of Registration immediately. Suspension means the licensee is temporarily prohibited from engaging in real estate activities.
The licensee cannot continue to work, make referrals, or conduct any real estate transactions during the suspension period. They must follow the suspension terms set by the Board, and the license will be reinstated after the suspension period has ended, provided they comply with any further requirements. The licensee may appeal the decision, but this must be done separately from the immediate surrender requirement.
Reference: M.G.L. c. 112, § 87FF; 254 CMR 5.00 - Disciplinary Action.
NEW QUESTION # 315
A seller is selling a Massachusetts residence constructed before 1978 to buyers who have a four-year-old child. Which statement is correct?
Answer: A
Explanation:
C is correct. Massachusetts requires sellers and real-estate agents involved in sales of qualifying pre-1978 residential properties to provide prospective purchasers with the Property Transfer Lead Paint Notification before execution of the purchase-and-sale agreement. Known lead information and applicable reports must also be disclosed.
The seller is not automatically required to delead the property merely as a condition of selling it. The prospective purchaser also has an opportunity-generally ten days unless modified by agreement-to conduct a lead inspection but is not automatically required to perform one.
Where a child under six will live in the pre-1978 home, the new owner has substantive Massachusetts Lead Law obligations. Current Massachusetts guidance states that the property must be made lead safe through deleading or interim control as legally required, generally within 90 days of taking title in the circumstance described.
Study Guide Reference: Massachusetts Lead Law - Property Transfer Lead Paint Notification and purchaser inspection rights.
NEW QUESTION # 316
A ranch house with a double garage is being valued. The house next door, which is similar except that it lacks a garage and has an outside deck, was sold last month for $138,000. Experience in that area shows that a two- car garage is probably worth $10,000 to buyers, while in general, they will pay only $500 extra for a deck.
The ranch house is most likely to sell for around
Answer: A
Explanation:
NEW QUESTION # 317
A building was purchased for $350,000 with a 20% down payment. If the lender charged the buyer three discount points, how much will the buyer need to close?
Answer: D
NEW QUESTION # 318
......
PracticeVCE made an Massachusetts-Real-Estate-Salesperson Questions for the students so that they don't get confused to prepare for Massachusetts Real Estate Salesperson Exam (Massachusetts-Real-Estate-Salesperson) certification exam successfully in a short time. PracticeVCE has designed the real Massachusetts-Real-Estate-Salesperson exam dumps after consulting many professionals and receiving positive feedback. The Massachusetts Real Estate Salesperson Exam (Massachusetts-Real-Estate-Salesperson) questions have many premium features, so you don't face any hurdles while preparing for Massachusetts Real Estate Salesperson Exam (Massachusetts-Real-Estate-Salesperson) exam and pass it with good grades.
New Massachusetts-Real-Estate-Salesperson Test Forum: https://www.practicevce.com/Real-Estate/Massachusetts-Real-Estate-Salesperson-practice-exam-dumps.html
BONUS!!! Download part of PracticeVCE Massachusetts-Real-Estate-Salesperson dumps for free: https://drive.google.com/open?id=1_VsufK13AQBSKZ7Pk9XlD8d9iU6qRzNu