Massachusetts License Law
Which Massachusetts law requires real estate licensees to disclose material facts about a property?
AM.G.L. Chapter 40A (Zoning Act)
BM.G.L. Chapter 112 § 87AAA (Real Estate License Law) and Board regulations✓ Correct
CM.G.L. Chapter 183 (Conveyances of Real Property)
DM.G.L. Chapter 93A (Consumer Protection Act) only
Explanation
The Massachusetts Real Estate License Law (M.G.
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Key Terms to Know
Zoning
Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
Buyer's AgentA real estate licensee who represents the buyer's interests in a transaction, owing fiduciary duties to the buyer.
Seller's Agent (Listing Agent)A real estate licensee who represents the seller's interests, markets the property, and owes fiduciary duties to the seller.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
State-Specific Concepts
License Law
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