- Exam Code: Massachusetts-Real-Estate-Salesperson
- Exam Name: Massachusetts Real Estate Salesperson Exam
- Updated: Sep 30, 2026
- Q & A: 354 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| National Portion | 67% | - Property Disclosures
|
| Massachusetts State Portion | 33% | - Landlord-Tenant Law
|
An owner knows another person is asserting an adverse claim affecting the owner ' s real property but unreasonably delays seeking judicial relief until the delay prejudices the other party. Which equitable doctrine can bar the owner ' s claim?
Correct Answer: A 🗳️
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A person is already licensed by examination as a real estate salesperson in a state with a Massachusetts reciprocity or expedited-licensure agreement. What benefit may apply?
Correct Answer: C 🗳️
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A person acquires an option to purchase a parcel of another person's land. Which of the following statements is correct?
Correct Answer: D 🗳️
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A buyer is purchasing a $625,000 property. The lender requires a 20% down payment to avoid mortgage insurance. The buyer provided $5,000 in earnest money. The buyer closing costs are $13,000. What is the amount the buyer must bring to settlement to close the transaction?
Correct Answer: B 🗳️
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A Massachusetts licensee acts as a facilitator in a transaction. What is the key characteristic of this relationship?
Correct Answer: C 🗳️
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