Pa Real Estate Exam; Questions and Answers 100% Pass
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Course
PA REAL ESTATE
Institution
PA REAL ESTATE
Pa Real Estate Exam; Questions and Answers
100% Pass
How many brokers can you be affiliated with as a Pennsylvania
licensee? Correct Answer-1
A consumer filed a complaint against a licensee for possibly violating the
Pennsylvania Human Relations Act. Can the State Real Estate Commission
i...
Pa Real Estate Exam; Questions and Answers
100% Pass
How many brokers can you be affiliated with as a Pennsylvania
licensee? Correct Answer-1
A consumer filed a complaint against a licensee for possibly violating the
Pennsylvania Human Relations Act. Can the State Real Estate Commission
investigate this complaint? Correct Answer-Yes, but only once 90 days have
passed from the time the complaint was filed.
(After 90 days, the State Real Estate Commission may investigate the complaint.
This delay gives the Pennsylvania Human Rights Commission time to conduct its
own investigation and report any findings to the commission.)
Celia holds a cemetery salesperson's license in Pennsylvania. What can we
reasonably assume about her? Correct Answer-She's at least 18
Which statement about real estate business in Pennsylvania is true? Correct
Answer-Every licensed broker must have a fixed place of business.
Gunther is a new licensee in Pennsylvania, but he's moving to a different area of
the state and wants to affiliate with a different broker. What must he do to make
, Pa Real Estate Exam; Questions and Answers
100% Pass
this happen? Correct Answer-Notify the commission within 10 days after the
change, pay a fee, and return his license to the commission.
Abigail is a Pennsylvania broker who supervises several salespersons and
associate brokers. Which of these forms outlines how much will be paid to her
when she or any of her associated licensees engages in a transaction? Correct
Answer-Listing agreement
(Listing agreements must include commission or expected compensation. RELRA
or the Sherman Act don't set these terms. The Consumer Notice simply informs
consumers of the possible agency relationships.)
An interest that gives the buyer the right to periodically park a recreational
vehicle or erect a tent or other similar structure on a piece of land in
Pennsylvania, based on the agreement terms, is called a ______. Correct
Answer-Campground membership
Ted is a real estate licensee in Pennsylvania. He was found guilty of violating
license law. The commission has the power to dole out various penalties, but
which of these is beyond the scope of its powers? Correct Answer-Jail time
, Pa Real Estate Exam; Questions and Answers
100% Pass
Within how many days must a Pennsylvania licensee notify the commission
when changing broker affiliation? Correct Answer-10 days
Which is a requirement for the Pennsylvania real estate broker's
license? Correct Answer-240 hours in approved real estate instruction,
including fair housing and ethics
Louis is a real estate broker in Pennsylvania. He's moving his office. What
obligation does he have? Correct Answer-To notify the commission within 10
days after the move
Which of the following individuals would be in violation of Pennsylvania license
law if performing the activity for a fee? Correct Answer-An unlicensed
employee of the owner of a multi-family residential property who is collecting
rent from tenants
(Generally, anyone performing real estate services for another and for
compensation must hold a real estate license. There are exceptions for executors
and trustees. Any person can sell his or her own property with or without a
license.)
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