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Updated: Jun 01, 2026
No. of Questions: 139 Questions & Answers with Testing Engine
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Real Estate Massachusetts Real Estate Salesperson Sample Questions:
1. A client makes an offer on a residential property and provides a check for $2,000 as earnest money. The client instructs his buyer agent to hold the check for five days so it will clear the bank. What should the agent do with the check?
A) Hold it for five days before submitting the check to his broker for deposit in the escrow account.
B) Refuse to present the offer to the seller's agent until the earnest money can be deposited.
C) Inform the client that the offer will be presented without any earnest money since the agent is required to submit all offers.
D) Provide the check to his broker immediately with the client's instruction to hold it for five days before depositing it in the escrow account.
2. If a lender has granted a VA-guaranteed loan to a veteran, the veteran
A) may sell the property to another veteran who assumes the loan.
B) cannot prepay any of the principal amount of the loan.
C) cannot apply for another VA loan in the veteran's lifetime.
D) makes the down payment directly to the VA.
3. A broker has listed a property for $225,000. An offer of $210,000 contingent upon inspection comes in the first week and the seller accepts it. Another offer of $205,000 comes in the second week. The seller accepts it as a secondary offer contingent upon the termination of the first offer. The first offeror demands the seller spend $5,000 in repairs before going through with the purchase. The seller may do any of the following EXCEPT
A) ignore the demand and sell the property to the second offeror.
B) terminate the first agreement in writing and sell to the second offeror.
C) agree to do the needed repairs and consummate the transaction with the first offeror.
D) refuse to do the repairs and still proceed with the sale in as-is condition.
4. Before it was recognized as a health hazard, asbestos was commonly used as insulation in residential and commercial construction because it is
A) water resistant.
B) repellent to common pests.
C) fire resistant.
D) an air purifier.
5. An offer of $569,000 is verbally accepted by a seller. Two hours later an offer of $589,000 is presented to the seller, which the seller accepts in writing. Based on the above situation the first buyer is
A) Entitled to an additional offer.
B) Not entitled to the status as a backup offer.
C) Not entitled to purchase the property.
D) Entitled to purchase the property.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: A | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: C |
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