MA Real Estate Practice Exam Questions with Complete Solutions
0 view 0 purchase
Course
MA Real Estate
Institution
MA Real Estate
MA Real Estate Practice Exam Questions
with Complete Solutions
Blockbusting causes:
A Trust busting
B Panic peddling
C Blind advertising
D Redlining B. Panic Peddling
Blockbusting causes panic peddling (also known as panic selling), where homeowners quickly
sell their homes for fear of a dr...
MA Real Estate Practice Exam Questions
with Complete Solutions
Blockbusting causes:
A Trust busting
B Panic peddling
C Blind advertising
D Redlining ✔✔B. Panic Peddling
Blockbusting causes panic peddling (also known as panic selling), where homeowners quickly
sell their homes for fear of a drop in home values due to the entry of a protected class into their
neighborhood.
Which of the following advertisements would violate fair housing law?
A Private outdoor space
B No elevator access
C Walk-in closet
D Easy access to the highway ✔✔C Walk-in closet
,"Walk-in closet" is an example of discriminatory advertising directed toward those with a
physical disability. A better choice of words would be "spacious closet" or "large closet."
Which of the following activities would a salesperson be able to perform?
A Take listings
B Deposit client money
C Advertise listings
D All of the above ✔✔D All of the above
Salespersons are never allowed to handle client money or technically take listings, since the
listings belong to the brokerage. The broker is the one who takes the listing and the salesperson
may work to advertise, sell and negotiate the terms as an extension of the broker.
Under the Fair Housing Act of 1968 and amendments, it is lawful to discriminate based on:
A Religion
B Children
,C National origin
D Sexual orientation ✔✔D Sexual orientation
While sexual orientation is protected under many state's fair housing laws, it is not a protected
class under the Fair Housing Act of 1968 and amendments
All of the following are included in the four unities of joint tenancy, except:
A Unity of time
B Unity of measure
C Unity of interest
D Unity of possession ✔✔B Unity of measure
The four unities of joint tenancy are time, interest, possession, and title.
A bill of sale is used to convey what?
A Real property
, B Personal property
C Property by will
D None of the above ✔✔B Personal property
Bills of sale (or receipts) transfer ownership of personal propert
Real property can become personal property by which process?
A Fiduciary
B Annexation
C Severance
D Hypothecation ✔✔C Severance
The act of severance makes real property become personal property; an example is digging up a
tree.
A lease creates an interest(s) known as a:
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller stephanvdb04. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.
