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| Section | Weight | Objectives |
|---|---|---|
| National Portion | 67% | - Real Estate Calculations
|
| Massachusetts State Portion | 33% | - Landlord-Tenant Law
|
>> Massachusetts-Real-Estate-Salesperson덤프공부문제 <<
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질문 # 286
A commercial lot measures 50 feet by 125 feet and sells for $455,000. Approximately what is the selling price per square foot?
정답：D
설명：
The correct answer is C, $72.80 per square foot.
First calculate the lot ' s area:
50 feet × 125 feet = 6,250 square feet
Then divide the total sale price by the total square footage:
$455,000 ÷ 6,250 = $72.80 per square foot
The common error is to add the dimensions or divide the sales price by only one dimension. Because the parcel is rectangular, its area is determined through length × width.
Price-per-square-foot calculations can help brokers, buyers, investors, and appraisers compare properties, but the metric should never be used by itself to determine value. Location, zoning, permitted use, frontage, utility availability, environmental conditions, access, shape, topography, development potential, and market conditions can cause two parcels with identical square footage to have substantially different values.
For examination purposes, however, all necessary information is provided and no adjustments are required.
Study Guide Reference: Real Estate Calculations - Land Area, Square Footage and Unit-Price Calculations.
질문 # 287
What is the difference between a license to use property and an easement?
정답：A
설명：
A license is a personal, revocable privilege to enter or use another person's land for a specific purpose (e.g., a ticket to a sporting event). A license does not create an interest in land and may be revoked at any time by the issuer.
An easement, however, is a non-possessory interest in land that grants a legal right to use the property of another (e.g., a right-of-way). Easements are generally permanent, run with the land, and cannot simply be canceled by the property owner at will.
Massachusetts law distinguishes between the two: easements are formal property interests that usually require a written grant and may only be terminated by agreement, expiration, or court action, while licenses are informal, temporary, and revocable.
Thus, the correct answer is A: A license can be cancelled by the issuer.
Reference: Massachusetts Real Estate Salesperson Candidate Handbook - Property Interests and Rights; M.G.
L. c. 183.
질문 # 288
Which situation has the strongest potential to fall within a narrow fair-housing exemption rather than constituting ordinary discriminatory housing practice?
정답：C
설명：
The correct answer is A, but this source-bank concept requires careful qualification. Fair-housing exemptions are narrow, and candidates should never infer a general right to discriminate.
Federal law contains limited exemptions for specified owner-occupied housing and certain single-family owner transactions, but the exemptions have conditions. For example, the federal single-family exemption generally cannot be used where a real-estate broker is involved or discriminatory advertising is used.
Massachusetts has additional protections and exceptions of its own. State law protects race, religion, sex, marital status, source of income, sexual orientation, gender identity, familial status, and other characteristics.
Owner-occupied two-family housing receives limited treatment under M.G.L. c.151B, but using brokerage services, discriminatory advertising, or certain protected circumstances can eliminate or narrow that exemption.
Therefore, the old simplistic "widowed owner may rent only to another widow" answer should not be memorized as a general Massachusetts rule.
Study Guide Reference: Practice of Real Estate - Federal and Massachusetts Fair-Housing Exemptions.
질문 # 289
A broker has been engaged to locate a property for a buyer. The broker has determined that a suitable property for the buyer is for sale and is owned by the broker's cousin. The broker has not informed the buyer of the broker's relationship with the owner. If the buyer purchases the property under these circumstances, the broker is
정답：B
설명：
Under Massachusetts real estate license law, a broker must disclose any personal interest, or the interest of an immediate family member, in a transaction to all parties. This is a matter of fiduciary duty and is explicitly required under 254 CMR 3.00.
Failing to disclose that the seller is the broker's cousin constitutes a conflict of interest and violates the duty of loyalty, disclosure, and honesty to the client (the buyer). While it is not illegal to buy or sell property involving relatives, the relationship must always be made known to avoid misrepresentation or concealment of material facts.
Therefore, the broker is in violation because the familial relationship was not disclosed.
Reference: 254 CMR 3.00 - Duties of Licensees; M.G.L. c. 112, § 87AAA; Massachusetts Real Estate Candidate Information Bulletin - Agency & Disclosure.
질문 # 290
A buyer signs an offer to purchase real estate, and the seller accepts it in a manner that creates a binding purchase contract. Before legal title is delivered at closing, what interest does the buyer generally acquire?
정답：B
설명：
The correct answer is A, Equitable title. Once buyer and seller have entered a binding real-estate purchase contract, traditional equitable-conversion principles treat the purchaser as having an equitable ownership interest even though the seller still holds legal title pending closing.
Massachusetts Board contract curriculum recognizes the same general structure in land contracts: the seller retains legal title while the buyer receives the other benefits of ownership.
The buyer does not obtain full legal fee-simple title merely by signing the contract. Legal title is normally transferred through delivery of the deed at closing.
Candidates should nevertheless avoid oversimplification in actual transactions. Financing contingencies, inspection provisions, title conditions, termination rights, and the precise language of the agreement can affect the parties ' enforceable interests.
The examination concept is:
Binding purchase contract # buyer obtains equitable interest.
Closing/deed delivery # buyer obtains legal title.
Study Guide Reference: Contracts/Transfer of Title - Equitable Title, Legal Title and Executory Purchase Contracts.
질문 # 291
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