Fair Housing, Practice, and Disclosures Practice Question
Question
An agent compares two similar exam concepts for the Massachusetts Real Estate Salesperson Exam involving state fair housing and broker-salesperson supervision. Which answer best reduces risk? (Item 66)
Answer choices
- A. The rule applies only to commercial transactions and never to residential transactions.
- B. Recognize that state protections may be broader than federal minimums in a way that fits Massachusetts exam practice.
- C. Client funds may be mixed with business funds if the broker reconciles the account later.
- D. The issue can be ignored if the parties want to close quickly.
Correct Answer
B. Recognize that state protections may be broader than federal minimums in a way that fits Massachusetts exam practice.
Explanation
The correct answer is B because state fair housing requires candidates to recognize that state protections may be broader than federal minimums. The Massachusetts reference keeps the scenario tied to state licensing practice, while the other options rely on unsafe assumptions about oral custom, escrow, client preference, independent licensee authority, or ignoring written duties.
Question details
- Difficulty: medium
- Domain: Fair Housing, Practice, and Disclosures
- Objective: state fair housing