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Real Estate Massachusetts Real Estate Salesperson Sample Questions:
1. Quality Supermarkets has taken occupancy of a retail building and has a long-term lease. As part of their fit- up, they bolt to the floor their meat and dairy coolers, shelves, and check-out stands.
When Quality Supermarkets vacates the property at the end of the lease, will Quality Supermarkets be legally entitled to remove these fixtures?
A) Yes, if removed prior to the end of the lease.
B) Yes, because they are appurtenances.
C) No, because they are trade fixtures.
D) No, because they are bolted to the floor.
2. A motel is the subject of an appraisal and it is determined that a rerouting of a county highway has limited customer access to the motel. This is an example of
A) functional obsolescence.
B) regression.
C) landlocked property.
D) economic obsolescence.
3. A tenant in a building that is being converted to condominiums is required to receive an opportunity to purchase the unit the tenant occupies at terms
A) Equal to or better than that offered to the general public.
B) 20% less than that offered to the general public.
C) 15% less than that offered to the general public.
D) At a monthly payment equal to the tenant's current monthly rent.
4. Which of the following groups are protected under the Massachusetts Fair Housing Laws?
A) Students
B) Sex offenders
C) Public assistance recipients
D) Smokers
5. While inspecting a tenant-occupied property, the buyer was told by the seller that the microwave oven would be included in the sale price. Upon possession, the buyer learned that the microwave oven belonged to the tenant and not the seller. Is the buyer entitled to the microwave oven?
A) Yes, because all oral contracts for the sale of real property are enforceable.
B) No, because the microwave was the real property of the tenant.
C) Yes, because the buyer's offer to purchase included all real property.
D) No, because the seller did not have the right to include the microwave in the sale.
Solutions:
Question # 1 Answer: A | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: D |