The updated version is the latest one. Passd Massachusetts-Real-Estate-Salesperson
Exam Code: Massachusetts-Real-Estate-Salesperson
Exam Name: Massachusetts Real Estate Salesperson Exam
Updated: Sep 09, 2026
Q & A: 354 Questions and Answers
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| Section | Weight | Objectives |
|---|---|---|
| Topic 1: National Portion | 67% | - Property Disclosures
|
| Topic 2: Massachusetts State Portion | 33% | - Fair Housing and Consumer Protection
|
Question 1
After considering the applicable sales-comparison, income, and cost indications, what does an appraiser do to arrive at a final value conclusion?
A. Average all figures mathematically
B. Reconcile the value indications
C. Disregard the market evidence
D. Simply weight every approach equally
Question 2
Which of the following property valuation estimates or reports would have to be prepared by a licensed or certified appraiser?
A. a broker's price opinion
B. a comparative market analysis
C. a reconciliation report for an FHA loan
D. a value analysis for a non-residential property valued below $250,000
Question 3
A private men ' s club publicly advertises a self-contained studio on Facebook using language stating that it is suitable only for a single gentleman. Is the advertisement discriminatory?
A. No, the words are merely descriptive of the apartment
B. No, any private club may publicly advertise a sex preference
C. Yes, the public advertisement expresses a preference based on sex
D. No, sex can always be specified in housing advertising
Question 4
Which of the following is used in the cost approach when estimating the value of improvements?
A. Location, available financing, and depreciation.
B. The assessed value of the property including the land.
C. How much it would cost to build a similar building at today ' s cost.
D. The price per square foot of comparable properties.
Question 5
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?
A. $143,000
B. $138,000
C. $120,000
D. $133,000
Solutions:
| Question 1 Answer: B | Question 2 Answer: C | Question 3 Answer: C | Question 4 Answer: C | Question 5 Answer: D |
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