MASSACHUSETTS PORTION OF REAL ESTATE; Questions and Answer 100% Solved
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Course
MA Real Estate
Institution
MA Real Estate
MASSACHUSETTS PORTION OF REAL
ESTATE; Questions and Answer 100% Solved
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).
POW...
MASSACHUSETTS PORTION OF REAL
ESTATE; Questions and Answer 100% Solved
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).
POWERS OF THE BOARD REGARDING HEARINGS ✔✔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 ✔✔A. 10 day notice in writing to all
parties
, MASSACHUSETTS PORTION OF REAL
ESTATE; Questions and Answer 100% Solved
B. Notice must contain the grounds for the complaint and a copy of the
complaint or charges
DECISIONS OF THE BOARD ✔✔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 ✔✔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 ✔✔A. Affirm or annul the boards
decision
B. Make a new decision
C. Assess costs if either party acted in bad faith
, MASSACHUSETTS PORTION OF REAL
ESTATE; Questions and Answer 100% Solved
**NOTE: Licensees are forbidden to continue practice pending outcome of
appeal
Suspension, Revocation, Refusal to Renew License ✔✔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 ✔✔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 ✔✔7. Induced a party to
break a contract for
, MASSACHUSETTS PORTION OF REAL
ESTATE; Questions and Answer 100% Solved
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 ✔✔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 ✔✔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
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