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Real Estate Massachusetts Real Estate Salesperson Exam Sample Questions (Q82-Q87):NEW QUESTION # 82
On which of the following must the landlord pay interest when collecting first month, last month, and security deposit?
- A. Only if they are deposited in an interest-bearing account
- B. First month only
- C. Last month only
- D. Security deposit and last month
Answer: D
Explanation:
Under M.G.L. c. 186, 15B, landlords in Massachusetts must pay interest on both the security deposit and the last month's rent if these funds are held for more than one year. The interest must be paid annually and credited to the tenant's account, unless the tenant and landlord have a written agreement stating otherwise.
The first month's rent is not subject to interest requirements. The landlord must hold the security deposit in a separate, interest-bearing account, and the interest accrues for the benefit of the tenant.
Therefore, the landlord must pay interest on both the security deposit and last month's rent.
Reference: M.G.L. c. 186, 15B; Massachusetts Real Estate Candidate Information Bulletin - Tenant Rights.
NEW QUESTION # 83
A buyer makes an offer on a property and asks the Seller's broker to recommend a good home inspector. The Seller's broker may
- A. Provide a list of no fewer than 20 licensed home inspectors in the county where the property is located.
- B. Recommend a specific home inspector.
- C. Provide the complete list of home inspectors prepared by the Commonwealth of Massachusetts.
- D. Provide business cards of local home inspectors.
Answer: C
Explanation:
Massachusetts law (M.G.L. c. 112, 221-226, Home Inspector Licensing Act) regulates the relationship between real estate agents and home inspectors. To prevent conflicts of interest and protect consumers, a real estate broker or salesperson may not directly recommend one specific home inspector. Instead, they are required to provide buyers with the official list of licensed home inspectors prepared by the Commonwealth of Massachusetts.
This rule ensures impartiality and prevents brokers from steering buyers to inspectors who might be biased.
Giving out business cards or providing a shortened list of inspectors violates this regulation. The buyer is free to choose any licensed inspector from the state-approved list.
Reference: M.G.L. c. 112, 221-226; 266 CMR (Massachusetts Home Inspector Regulations).
NEW QUESTION # 84
Which of the following groups are protected under the Massachusetts Fair Housing Laws?
- A. Sex offenders
- B. Students
- C. Smokers
- D. Public assistance recipients
Answer: D
Explanation:
The Massachusetts Fair Housing Law (M.G.L. c. 151B) prohibits discrimination based on race, color, religion, sex, sexual orientation, gender identity, national origin, familial status, disability, and receipt of public assistance.
This includes protection for individuals who are recipients of public assistance (e.g., Section 8 housing voucher recipients). Sex offenders, students, and smokers are not protected classes under the law. While landlords can regulate smoking and may have policies on students or criminal history, they cannot discriminate based on receipt of public assistance, which is a specifically protected category under Massachusetts law.
Reference: M.G.L. c. 151B; Massachusetts Fair Housing Guidelines.
NEW QUESTION # 85
A buyer is purchasing a 3-acre property and is paying $12,000 per acre. The cooperating fee is 3½% of the sale price. The buyer's agent will receive 55% of the cooperating fee from a broker. How much commission did the buyer's agent receive?
- A. $231
- B. $1,260
- C. $1,386
- D. $693
Answer: D
Explanation:

Reference: Massachusetts Real Estate Salesperson Candidate Handbook - Math & Commissions.
NEW QUESTION # 86
What kind of lease would require the lessee to pay the taxes, insurance, repairs, and other operating expenses of the premises in addition to the regular rental payment?
- A. graduated lease
- B. gross lease
- C. net lease
- D. percentage lease
Answer: C
Explanation:
In a net lease, the tenant (lessee) is responsible not only for the base rent but also for additional property expenses such as real estate taxes, insurance, maintenance, and sometimes repairs. This is common in commercial leasing, particularly for office buildings and retail space.
A gross lease (B) means the landlord pays all expenses, while the tenant pays only rent. A percentage lease (A) bases rent partly on tenant sales (common in retail malls). A graduated lease (C) allows rent increases at set intervals.
Because the question describes a tenant paying rent plus taxes, insurance, and operating expenses, this is a net lease.
Reference: Massachusetts Real Estate Salesperson Candidate Handbook - Leasing & Property Management; Commercial Leasing Practices.
NEW QUESTION # 87
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