Under Massachusetts General Laws Chapter 112, all of the following are grounds for BORREBS to suspend or revoke a real estate license EXCEPT:
Correct Answer
C) Representing both a buyer and a seller in the same transaction with proper written consent
Representing both a buyer and a seller in the same transaction — known as dual agency — is legally permitted in Massachusetts provided that both parties give informed written consent and the licensee provides the required agency disclosure under 254 CMR 3.00. Dual agency with proper consent is not a ground for license suspension or revocation; it is an authorized practice under Massachusetts law.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Continuing education (CE) refers to the ongoing coursework that licensed real estate professionals must complete during each renewal cycle to maintain an active license. CE ensures agents stay current with changes in laws, regulations, and industry practices.
The National Do Not Call Registry is a federal program administered by the FTC that allows consumers to opt out of receiving unsolicited telemarketing calls, including calls from real estate agents soliciting business.
Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
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A Wyoming licensee is reviewing an out-of-state salesperson applicant prepares for testing. What is the best answer?
In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
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