MASSACHUSETTS PORTION OF REAL ESTATE EXAM TEST|| 2024 LATEST UPDATE|| VERIFIED
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Course
MASSACHUSET REAL ESTATE
Institution
MASSACHUSET REAL ESTATE
DUTIES AND POWERS OF THE BOARD OF REGISTRATION - ANSWER A. Examine Records
B. Conduct Investigations
C. Hold Hearings
D. Chp 112 Section 87AAA: (complaints, investigations, revocation or suspension, grounds and penalities).
POWERS OF THE BOARD REGARDING HEARINGS - ANSWER A. Summon witnesses ...
MASSACHUSETTS PORTION OF REAL ESTATE
EXAM TEST|| 2024 LATEST UPDATE|| VERIFIED
DUTIES AND POWERS OF THE BOARD OF REGISTRATION - ANSWER A. Examine Records
B. Conduct Investigations
C. Hold Hearings
D. Chp 112 Section 87AAA: (complaints, investigations, revocation or suspension, grounds and
penalities).
POWERS OF THE BOARD REGARDING HEARINGS - ANSWER A. Summon witnesses and records
B. Hear testimony under oath
C. Take disciplinary actions
D. Reconsider any decision and reissue or reinstate a license that has been refused
NOTICE OF HEARING REQUIREMENTS - ANSWER A. 10 day notice in writing to all parties
B. Notice must contain the grounds for the complaint and a copy of the complaint or charges
DECISIONS OF THE BOARD - ANSWER A. Must be by majority vote & contain the basis for the boards
action
B. Must be sent to all parties concerned
C. Must be reported to the attorney general
, RIGHTS OF THE ACCUSED AND CONDUCTS OF HEARINGS - ANSWER A. Hearings are conducted in a
manner similar to a legal trial
B. Accused may be represented by any attorney, but the board doesn't have to furnish counsel
POWERS OF THE SUPERIOR COURT ON APPEAL - ANSWER A. Affirm or annul the boards decision
B. Make a new decision
C. Assess costs if either party acted in bad faith
**NOTE: Licensees are forbidden to continue practice pending outcome of appeal
Suspension, Revocation, Refusal to Renew License - ANSWER 1. Made any Substantial Misrepresentation
2. Acting in Dual capacity (working for the other person as well as your principal)
3. Dual agency without disclosing to parties
Suspension, Revocation, Refusal to Renew License - ANSWER 4. Failed to account for any money
belonging to others
5. Paid or shared fees to unlicensed persons
6. Accepted, gave, or charged any undisclosed commission, rebate, or profit on expenditures for a
principal
Suspension, Revocation, Refusal to Renew License - ANSWER 7. Induced a party to break a contract for
personal gain
, 8. Commingling of money or property of a principal
9. Failed to give a copy of purchase & sale agreement to buyer and seller
Suspension, Revocation, Refusal to Renew License - ANSWER 10. Committed any act expressly prohibited
by license law.
11. Found guilty of blockbusting (panic peddling) and Commission against discrimination (MCAD)
12. Accepted a NET LISTING from a prospective seller
Suspension, Revocation, Refusal to Renew License - ANSWER 13. Advised against using an Attorney in
any real estate transaction
14. Lack of good moral character resulting in conviction of a criminal offense
15. Failed to comply with the out-of-state property registration act
Suspension, Revocation, Refusal to Renew License - ANSWER 16. Convicted of discrimination in violation
of chapter 151b. (suspension 60days = 1st offense, 90days = 2nd if committed within 2 years of prior
offense)
17. Obtained a license by false or fraudulent representation
*** note: UPON RECEIVING NOTICE OF SUSPENSION/REVOCATION OF LICENSE, THE LICENSEE MUST
FORWARD HIS/HER LICENSE TO THE BOARD ASAP
FINES/ IMPRISONMENT - ANSWER 1. BLOCKBUSTING
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