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1. In Massachusetts, which of the following statements about smoke detectors prior to closing is always correct?
A) A smoke detector certificate must be obtained from the local fire department.
B) All single-family residences must have hard-wired smoke detectors.
C) Smoke detectors are optional in single-family houses.
D) A three-family residence can have either battery-operated or hard-wired smoke detectors.
2. The broker has a single agency relationship with the seller. The broker will show the property to a buyer who is a customer. The broker must disclose that the
A) seller does not like the next door neighbor.
B) home has a lake view.
C) seller needs to move soon.
D) home has a leaky roof in heavy rains.
3. A 2-year lease on a property has expired. The owner permits the tenant to remain in the house while a new lease is being negotiated. Which of the following types of interest does the tenant now have?
A) tenancy in common
B) tenancy at sufferance
C) tenancy at will
D) tenancy from year to year
4. Under Housing and Urban Development guidelines, when an advertisement includes the phrase "walk to bus- stop," the advertisement is
A) Not discriminatory against disabled individuals.
B) Only discriminatory against disabled individuals in some cases.
C) Only discriminatory if the statement is false.
D) Discriminatory against individuals with disabilities.
5. A salesperson owns an apartment complex in Boston. The salesperson has decided to advertise the property for sale in a local newspaper and personally sell it. If the salesperson proceeds in this manner, the salesperson is
A) Violating the law because the salesperson is not a broker and cannot advertise.
B) Not violating the law because the salesperson has all the rights of a non-salesperson owner.
C) Not violating the law because the broker-salesperson distinction does not apply to commercial properties.
D) Violating the law because a salesperson may not sell an income-producing property.
Solutions:
Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: B |
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