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Massachusetts Real Estate Bundle |All Exams Questions with Correct Answers Already Passed
Massachusetts Real Estate All Exams| questions with Correct Answers Already Passed
[Show more]Massachusetts Real Estate All Exams| questions with Correct Answers Already Passed
[Show more]DUTIES AND POWERS OF THE BOARD OF REGISTRATION A. Examine Records 
B. Conduct Investigations 
C. Hold Hearings 
D. Chp 112 Section 87AAA: (complaints, investigations, revocation or suspension, grounds and 
penalities).
Preview 4 out of 31 pages
Add to cartDUTIES AND POWERS OF THE BOARD OF REGISTRATION A. Examine Records 
B. Conduct Investigations 
C. Hold Hearings 
D. Chp 112 Section 87AAA: (complaints, investigations, revocation or suspension, grounds and 
penalities).
Estoppel one promises to do something and another relies on that promise and is harmed by 
them not following through 
Encroachment illegal intrusion or trespass into or over the property of another. such as a wall 
or fence 
Nuisance Interferes with quiet enjoyment and is an encroachment. Private...
Preview 3 out of 21 pages
Add to cartEstoppel one promises to do something and another relies on that promise and is harmed by 
them not following through 
Encroachment illegal intrusion or trespass into or over the property of another. such as a wall 
or fence 
Nuisance Interferes with quiet enjoyment and is an encroachment. Private...
Bundle of Rights An ownership concept describing all the legal rights that attach to the 
ownership of real property. ( posession, control, enjoyment, exclusion, disposition) 
Personal Property Chattel; movable/ portable; everything that "falls out" of a house that is 
turned upside down
Preview 4 out of 37 pages
Add to cartBundle of Rights An ownership concept describing all the legal rights that attach to the 
ownership of real property. ( posession, control, enjoyment, exclusion, disposition) 
Personal Property Chattel; movable/ portable; everything that "falls out" of a house that is 
turned upside down
1x sold
RE Salesperson License requirements? 18 years old, 40 hour class, pass the exam, must 
affiliate with a broker to practice and may not accept direct client payments 
Broker's License requirements? 3 years salesperson experience, 40 hour class, pass the exam, 
$5,000 bond and pay a fee.
Preview 4 out of 109 pages
Add to cartRE Salesperson License requirements? 18 years old, 40 hour class, pass the exam, must 
affiliate with a broker to practice and may not accept direct client payments 
Broker's License requirements? 3 years salesperson experience, 40 hour class, pass the exam, 
$5,000 bond and pay a fee.
21E Certificate Certifies that property is free from contamination 
203(b) FHA financing program for anyone purchasing a primary 1-4 family, owner-occupied 
residence 
1031 Exchange Way to defer capital gains tax; property owner must re-invest profits from 
the sale of an investment property into ...
Preview 4 out of 106 pages
Add to cart21E Certificate Certifies that property is free from contamination 
203(b) FHA financing program for anyone purchasing a primary 1-4 family, owner-occupied 
residence 
1031 Exchange Way to defer capital gains tax; property owner must re-invest profits from 
the sale of an investment property into ...
Leslie is selling her house and has no knowledge of any plumbing problems. However, the 
plumbing stack is seriously corroded and will require replacement soon. In the seller 
property condition disclosure, how should Leslie respond when asked whether she has any 
knowledge of plumbing system pro...
Preview 3 out of 20 pages
Add to cartLeslie is selling her house and has no knowledge of any plumbing problems. However, the 
plumbing stack is seriously corroded and will require replacement soon. In the seller 
property condition disclosure, how should Leslie respond when asked whether she has any 
knowledge of plumbing system pro...
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