Free Real Estate Licensing Massachusetts-Real-Estate-Salesperson Exam Questions

Become Real Estate Licensing Certified with updated Massachusetts-Real-Estate-Salesperson exam questions and correct answers

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Total 137 Questions | Updated On: Jun 16, 2026

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Question 1

A licensee must provide disclosure of licensed status when acting as a principal if

A : the agent of the other party asks about this specifically.

B : the licensee does not have errors and omission insurance.

C : the licensee has any economic interest in the property.

D : any relative of the licensee has ever lived in the residence.

Answer: C

Question 2

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 : 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.

B : Inform the client that the offer will be presented without any earnest money since the agent is required to submit all offers.

C : Hold it for five days before submitting the check to his broker for deposit in the escrow account.

D : Refuse to present the offer to the seller's agent until the earnest money can be deposited.

Answer: A

Question 3

A licensee must provide disclosure of licensed status when acting as a principal if

A : the agent of the other party asks about this specifically.

B : the licensee does not have errors and omission insurance.

C : the licensee has any economic interest in the property.

D : any relative of the licensee has ever lived in the residence.

Answer: C

Question 4

Under an option to buy, the ownership of land will change when the

A : option is signed by the parties.

B : optionor does not fulfill the obligation.

C : optionee exercises the option.

D : specified time has expired.

Answer: C

Question 5

A licensee must provide disclosure of licensed status when acting as a principal if

A : the agent of the other party asks about this specifically.

B : the licensee does not have errors and omission insurance.

C : the licensee has any economic interest in the property.

D : any relative of the licensee has ever lived in the residence.

Answer: C

Page: 1 / 28

Total 137 Questions | Updated On: Jun 16, 2026

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