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PassTIP의Real Estate인증 Massachusetts-Real-Estate-Salesperson시험대비 덤프는 가격이 착한데 비하면 품질이 너무 좋은 시험전 공부자료입니다. 시험문제적중율이 높아 패스율이 100%에 이르고 있습니다.다른 IT자격증에 관심이 있는 분들은 온라인서비스에 문의하여 덤프유무와 적중율등을 확인할수 있습니다. Real Estate인증 Massachusetts-Real-Estate-Salesperson덤프로 어려운 시험을 정복하여 IT업계 정상에 오릅시다.
| Section | Weight | Objectives |
|---|---|---|
| National Portion | 67% | - Real Estate Calculations
|
| Massachusetts State Portion | 33% | - Board Regulations and Licensing
|
>> Real Estate Massachusetts-Real-Estate-Salesperson덤프데모문제 <<
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질문 # 230
An owner has a freestanding cabinet that was custom-built to fit an alcove of the living room. When the owner sells the home, the cabinet will be best described as
정답:D
설명:
A fixture is personal property that has been permanently attached or adapted to real estate so that it becomes part of the real property. Courts apply the MARIA test (Method of attachment, Adaptation, Relationship, Intention, Agreement) to determine fixture status.
In this case, the cabinet was custom-built to fit an alcove, making it uniquely adapted to the property. Even though it is freestanding, its adaptation to the structure makes it a fixture.
Real property (A): the land and everything permanently attached, which includes fixtures, but the more precise term here is "fixture." Personal property (B): movable and not adapted to the home.
Appurtenance (D): rights and benefits that run with the land (e.g., easements).
Thus, the best description is C: fixture.
Reference: Massachusetts Real Estate Salesperson Candidate Handbook - Property Ownership; Fixtures vs.
Personal Property.
질문 # 231
A veteran agrees to buy a home for $167,000 using VA-backed financing. The VA ' s Notice of Value establishes reasonable value at $164,500. What may the veteran do?
정답:C
설명:
The correct current answer is C. Older practice banks often call the VA valuation document a Certificate of Reasonable Value (CRV). Current VA terminology uses the Notice of Value (NOV).
When VA reasonable value is below the agreed purchase price, the veteran is not automatically prohibited from purchasing the property. VA explains that the buyer can seek a reconsideration of value, negotiate a lower price with the seller, or pay the difference between the appraised value and contract price in cash.
The VA Escape Clause provides another critical protection. Where applicable, it permits the veteran to exit the purchase without forfeiting earnest money when the contract price exceeds the reasonable value established by VA. The veteran may alternatively elect to proceed despite the lower valuation.
Here the difference is:
$167,000 # $164,500 = $2,500.
Thus, the veteran may cover that difference if the remaining loan and underwriting requirements are satisfied.
Study Guide Reference: Financing - VA-Backed Loans, VA Appraisal/NOV and VA Escape Clause.
질문 # 232
A broker lists a property abutting a pond. A potential buyer is interested in the property but plans to build an addition onto a boathouse. The buyer will need
정답:A
설명:
If a property abuts a pond, the potential construction of any addition, especially near water, may require approval from the local conservation commission. This is because Massachusetts law, under the Massachusetts Wetlands Protection Act (M.G.L. c. 131, 40), regulates activities near water bodies, wetlands, and other protected areas to preserve the environment and control construction near these sensitive areas.
The local conservation commission is responsible for approving construction projects that could affect the pond or surrounding wetlands. If the buyer intends to build near the pond, especially on land that may fall under these regulations, they must seek the approval of the local conservation commission before proceeding with construction.
Reference: M.G.L. c. 131, 40 - Wetlands Protection Act; Massachusetts Real Estate Candidate Information Bulletin - Environmental Issues.
질문 # 233
For an ordinary deed conveying Massachusetts real estate, whose signature is fundamentally required as the party making the conveyance?
정답:A
설명:
The correct answer is A, the grantor. The grantor is the person transferring the real-property interest and must properly execute the deed.
The grantee is the recipient of the conveyed interest and ordinarily does not need to sign simply to make the grantor ' s conveyance effective, although particular instruments or transaction arrangements may involve additional signatures.
Massachusetts recording and registered-land procedures also impose acknowledgment requirements. Current Land Court guidance explains that where an acknowledgment is required, the signer appears before the notary, is properly identified, and acknowledges signing voluntarily and for the purposes stated in the document.
A properly executed deed must also adequately identify the parties and property and must ultimately be delivered and accepted for the conveyance to become effective.
The salesperson is not a party to the deed merely because the salesperson handled the brokerage transaction.
Study Guide Reference: Transfer of Title - Grantor/Grantee, Execution of Deeds, Acknowledgment, Delivery and Acceptance.
질문 # 234
What is the legally established "standard" real estate commission rate in Massachusetts?
정답:A
설명:
The correct answer is D. Massachusetts does not establish a mandatory or standard brokerage commission percentage.
Compensation is negotiated between the brokerage and client based on the services being provided and the applicable agreement. Massachusetts Board buyer-agency curriculum expressly states that compensation is always negotiable and that there is no standard compensation.
A brokerage is free to offer percentage-based compensation, a flat fee, retainer, fee-for-service arrangement, or another lawful structure. Competing brokerage firms must not agree among themselves to establish uniform prices because doing so can implicate federal and state antitrust laws.
Therefore, candidates should never treat 5% or 6% as a legally required commission simply because such percentages frequently appear in arithmetic practice questions.
Study Guide Reference: Agency - Brokerage Compensation and Negotiability.
질문 # 235
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