Fair Housing, Practice, and Disclosures Practice Question
Question
A property manager asks how a rule affects a rental property for the Massachusetts Real Estate Salesperson Exam involving antitrust price fixing and lead paint and consumer disclosure awareness. Which statement is most accurate for exam purposes? (Item 93)
Answer choices
- A. Avoid agreements with competitors about commission rates or fees in a way that fits Massachusetts exam practice.
- B. The client’s preference eliminates the need to disclose known material facts.
- C. The party who complains first automatically receives the remedy requested.
- D. Escrow or closing staff automatically assume all brokerage agency and disclosure duties.
Correct Answer
A. Avoid agreements with competitors about commission rates or fees in a way that fits Massachusetts exam practice.
Explanation
The correct answer is A because antitrust price fixing requires candidates to avoid agreements with competitors about commission rates or fees. 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: easy
- Domain: Fair Housing, Practice, and Disclosures
- Objective: antitrust price fixing