Principles, Property, and Land Use Practice Question

Question

An agent compares two similar exam concepts for the Massachusetts Real Estate Salesperson Exam involving sales comparison approach and Massachusetts Board of Registration. Which statement is the best answer? (Item 16)

Answer choices

1. A. A licensee may give legal conclusions instead of recommending qualified legal advice when uncertain.
2. B. A verbal understanding always replaces a written real estate requirement.
3. C. The safest practice is to avoid written documentation so fewer questions are raised later.
4. D. Use comparable sales adjustments for residential valuation in a way that fits Massachusetts exam practice.

Correct Answer

D. Use comparable sales adjustments for residential valuation in a way that fits Massachusetts exam practice.

Explanation

The correct answer is D because sales comparison approach requires candidates to use comparable sales adjustments for residential valuation. 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: hard
• Domain: Principles, Property, and Land Use
• Objective: sales comparison approach

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