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Pennsylvania Real Estate Commission RePA_Sales_S - PA Salesperson State Exam

According to the Real Estate Commission, which of the following is REQUIRED to hold a real estate license in Pennsylvania?

A.

An attorney who holds himself out as a provider of brokerage services

B.

A home builder selling his brand new houses

C.

A bank selling its foreclosed properties

D.

An individual selling five unimproved lots that she owns

According to the Pennsylvania Landlord-Tenant Act, a tenant must be notified of the final disposition of their security deposit within what time period following the end of the lease?

A.

Within 5 days

B.

Within 30 days

C.

Within 60 days

D.

Immediately upon completion of the landlord's final inspection of the premises

If known, the listing broker MUST disclose which of the following to a prospective buyer?

A.

That the seller's mortgage is assumable

B.

That the seller has accepted a position in another state

C.

That the seller has filed for divorce

D.

That the seller's water system is contaminated

Which of the following activities performed by the manager of a multifamily dwelling REQUIRES a real estate license?

A.

Entering into leases

B.

Distributing building rules and regulations

C.

Showing apartments to prospective renters

D.

Providing information on rental amounts to prospective renters

What is the MINIMUM number of hours of continuing education which a real estate licensee MUST complete within the license renewal period?

A.

10

B.

12

C.

14

D.

16

A real estate licensee may be disciplined by the Pennsylvania Real Estate Commission for which of the following reasons?

A.

Inability to obtain automobile liability insurance

B.

Habitual intoxication or drug addiction

C.

Nonpayment of Federal income taxes

D.

Any felony conviction

What MUST a salesperson licensee convicted of a felony do?

A.

Immediately turn in the real estate license to the Real Estate Commission

B.

Discuss the matter with the employing broker to decide what to do

C.

Provide the Real Estate Commission with information about the conviction

D.

Terminate all real estate activities

A salesperson owns a residence and wishes to sell it without listing it. Under Pennsylvania license law, the salesperson MUST:

A.

list the property with their firm

B.

disclose in all advertising that the owner of the property is a real estate licensee

C.

offer a sales commission or fee to cooperating brokers

D.

have an active license

If a salesperson representing a buyer gets information from the seller's agent as to the status of the real estate transaction, what is the buyer's agent REQUIRED to do?

A.

Advise the seller as to the status of the transaction.

B.

Advise the buyer as to the status of the transaction.

C.

Advise the listing broker as to the status of the transaction.

D.

Advise the loan officer as to the status of the transaction.

When a tenant who has a service or support animal applies to lease an apartment in a building that does not allow pets, which of the following rules may the landlord follow?

A.

Both state and federal laws require the landlord to allow any service or support animal.

B.

The landlord must allow the service or support animal but may charge an additional deposit.

C.

The landlord may disallow the animal if there are no other animals permitted in the building.

D.

The landlord may disallow the animal if it is not federally registered as a support or service animal.