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1. The listing broker has been presented with multiple offers. The seller would accept only a cash offer on the home, so the broker will present
A) only cash offers to the seller.
B) the highest cash offer to the seller.
C) the highest offer to the seller.
D) all offers to the seller.
2. Which of the following activities may result in a fine from the Massachusetts Commission Against Discrimination (MCAD) against a licensee?
A) Acting in the dual capacity of broker and undisclosed principal in the same transaction
B) Knowingly making any substantial misrepresentation
C) Failing to give both the buyer and the seller a copy of the purchase and sales agreement
D) Blockbusting
3. The provisions of the Real Estate License Law apply to which of the following individuals?
A) A property manager who handles the sale of units within a managed condominium complex
B) A licensed person who for a fee receives a referral from a licensed broker
C) Salespersons who sell their primary residences
D) A regular employee of a property owner who conducts lease transactions on the property
4. The Massachusetts Sanitary Code requires landlords to
A) Provide a statement of condition within 30 days of the lease.
B) Inspect the property every six months.
C) Maintain their properties in a safe and habitable condition.
D) Notify a tenant 24 hours prior to entering a property.
5. Multi-ethnic families were beginning to move into a neighborhood that had previously been all one ethnicity.
A local broker passed out flyers to homeowners that said, "Sell now before it's too late! We have beautiful new homes with attractive financing and good schools." These flyers would likely be viewed by the courts as
A) good marketing.
B) redlining.
C) blockbusting.
D) steering.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: C |
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