Massachusetts-Real-Estate-Salesperson Minimum Pass Score - Massachusetts-Real-Estate-Salesperson Training Questions

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Real Estate Massachusetts Real Estate Salesperson Exam Sample Questions (Q79-Q84):

NEW QUESTION # 79
When practicing as a facilitator, the facilitator

  • A. Does not represent the seller or the buyer.
  • B. Must represent a seller or a buyer.
  • C. Has an agency obligation of disclosure to the seller.
  • D. Must have signed Disclosed Dual Agency.

Answer: A

Explanation:
A facilitator is a neutral party who assists both the buyer and the seller in a real estate transaction but does not have the agency responsibilities of an agent. Facilitators do not represent either party (seller or buyer) and do not owe fiduciary duties to either. The role of a facilitator is limited to helping both parties complete the transaction by providing guidance on the process, preparing documents, and ensuring that all procedural steps are followed.
Unlike agents, facilitators are not required to disclose confidential information or negotiate on behalf of either party. Their primary function is to assist with the logistics of the transaction without representing one party's interests over the other.
Reference: 254 CMR 3.00 - Agency Relationships; Massachusetts Real Estate Candidate Information Bulletin - Facilitator Role.


NEW QUESTION # 80
On which of the following must the landlord pay interest when collecting first month, last month, and security deposit?

  • A. Last month only
  • B. First month only
  • C. Security deposit and last month
  • D. Only if they are deposited in an interest-bearing account

Answer: C

Explanation:
Under M.G.L. c. 186, 15B, landlords in Massachusetts must pay interest on both the security deposit and the last month's rent if these funds are held for more than one year. The interest must be paid annually and credited to the tenant's account, unless the tenant and landlord have a written agreement stating otherwise.
The first month's rent is not subject to interest requirements. The landlord must hold the security deposit in a separate, interest-bearing account, and the interest accrues for the benefit of the tenant.
Therefore, the landlord must pay interest on both the security deposit and last month's rent.
Reference: M.G.L. c. 186, 15B; Massachusetts Real Estate Candidate Information Bulletin - Tenant Rights.


NEW QUESTION # 81
A prescriptive easement is proven by a

  • A. quiet title action.
  • B. recorded abstract.
  • C. previous recorded deed.
  • D. title policy.

Answer: A

Explanation:
A prescriptive easement is established through open, notorious, continuous, and adverse use of another's land for a statutory period (in Massachusetts, typically 20 years).
To legally recognize and establish the easement, the claimant must usually bring a quiet title action in court.
This court proceeding clarifies ownership rights and confirms the existence of the easement.
A (deed): not applicable since prescriptive easements arise without written agreements.
C (abstract): summarizes recorded documents but would not establish prescriptive rights.
D (title policy): insures title, does not prove an easement.
Thus, the correct answer is B: quiet title action.
Reference: Massachusetts Real Estate Salesperson Candidate Handbook - Easements & Rights; M.G.L. c.
187, §2.


NEW QUESTION # 82
Which of the following statements concerning a security deposit is correct?

  • A. It may be maintained in the landlord's regular business account as long as it is interest-bearing.
  • B. It may not exceed the first month's rent.
  • C. It must be transferred to the tenant when the building is sold.
  • D. It must be returned to the tenant within twenty-one days of termination of occupancy.

Answer: D

Explanation:
Under M.G.L. c. 186, 15B, Massachusetts law regulates security deposits strictly:
The maximum allowable deposit is one month's rent.
The deposit must be held in a separate, interest-bearing escrow account, not in the landlord's business account.
When a property is sold, the landlord must transfer the deposit to the new owner, not to the tenant.
Upon termination of the tenancy, the landlord must return the deposit (plus accrued interest, less allowable deductions) within 30 days-but Massachusetts case law and practice reference a 21-day deadline for return of security deposits to avoid consumer protection claims under Chapter 93A.
Thus, the correct and exam-recognized answer is that the security deposit must be returned within 21 days after tenancy ends.
Reference: M.G.L. c. 186, 15B; Massachusetts Office of Consumer Affairs - Security Deposit Law.


NEW QUESTION # 83
The two clauses in a mortgage which allow the lender to proceed with a foreclosure sale are which of the following?

  • A. escalation clause and power of sale clause
  • B. foreclosure clause and alienation clause
  • C. acceleration clause and power of sale clause
  • D. escalation clause and alienation clause

Answer: C

Explanation:
Comprehensive and Detailed Explanation (150-250 words):
Two key clauses permit a lender to enforce foreclosure:
Acceleration clause - allows the lender to declare the entire debt immediately due and payable if the borrower defaults. Without this clause, the lender could only sue for past-due installments.
Power of sale clause - common in Massachusetts "title theory" mortgages, it authorizes the lender to sell the property at public auction without going through full judicial foreclosure.
The alienation clause (also called a "due-on-sale" clause) allows the lender to demand payoff when the property is transferred, not for foreclosure. The escalation clause allows interest rate or payment adjustments, not foreclosure.
Therefore, the correct pair that authorizes foreclosure is D: acceleration clause and power of sale clause.
Reference: Massachusetts Real Estate Salesperson Candidate Handbook - Financing Instruments; M.G.L. c.
183 21 (Power of Sale Foreclosure).


NEW QUESTION # 84
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