PA REAL ESTATE SALESPERSON EXAM - STATE
PORTION EXAM PREP WITH CORRECT SOLUTIONS
1. AGENCY RELATIONSHIP - ANSWER-A relationship whereby the broker or licensees in the
employ of the broker act as fiduciaries for a consumer of real estate services by the
express authority of the consumer of real estate services.
2. ASSOCIATE BROKER - ANSWER-A broker employed by another broker.
3. BROKER - ANSWER-Any person who, for another and for a fee, commission or other
valuable consideration:
(1) negotiates with or aids any person in locating or obtaining for purchase,
lease or an acquisition of interest in any real estate;
(2) negotiates the listing, sale, purchase, exchange, lease, time share and
similarly designated interests, financing or option for any real estate;
(3) manages any real estate;
(4) represents himself to be a real estate consultant, counselor, agent or finder;
(5) undertakes to promote the sale, exchange, purchase or rental of real estate:
Provided, however, That this provision shall not include any person whose
main business is that of advertising, promotion or public relations;
(5.1) undertakes to perform a comparative market analysis; or
, (6) attempts to perform any of the above acts.
4. BUILDER-OWNER SALESPERSON - ANSWER-Any person who is a full-time employee of a
builder-owner of single and multifamily dwellings located within the Commonwealth and
as such employee shall be authorized and empowered to list for sale, sell or offer for sale,
or to negotiate the sale or exchange of real estate, or to lease or rent, or offer to lease,
rent or place for rent, any real estate owned by his builder-owner employer, or collect or
offer, or attempt to collect, rent for the use of real estate owned by his builder-owner
employer, for and on behalf of such builder-owner employer.
5. BUYER AGENT - ANSWER-Any licensee who has entered into an agency relationship with
a consumer buyer of real estate.
6. CAMPGROUND MEMBERSHIP - ANSWER-An interest, other than in fee simple or by lease,
which gives the purchaser the right to use a unit of real property for the purpose of
locating a recreational vehicle, trailer, tent, tent trailer, pickup camper or other similar
device on a periodic basis pursuant to a membership contract allocating use and
occupancy rights between other similar users.
7. CAMPGROUND MEMBERSHIP SALESPERSON - ANSWER-A person who either as an
employee or an independent contractor sells or offers to sell campground memberships.
Such person shall sell campground memberships under the active supervision of a broker.
A person licensed as a broker, as a salesperson or as a time-share salesperson shall not be
required to be licensed as a campground membership salesperson as a condition for
selling or offering to sell campground memberships.
8. CEMETERY - ANSWER-A place for the disposal or burial of deceased human beings, by
cremation or in a grave, mausoleum, vault, columbarium or other receptacle, but the
term does not include a private family cemetery.
9. CEMETERY BROKER - ANSWER-Any person engaging in or carrying on the business or
acting in the capacity of a broker within this Commonwealth exclusively within the
PORTION EXAM PREP WITH CORRECT SOLUTIONS
1. AGENCY RELATIONSHIP - ANSWER-A relationship whereby the broker or licensees in the
employ of the broker act as fiduciaries for a consumer of real estate services by the
express authority of the consumer of real estate services.
2. ASSOCIATE BROKER - ANSWER-A broker employed by another broker.
3. BROKER - ANSWER-Any person who, for another and for a fee, commission or other
valuable consideration:
(1) negotiates with or aids any person in locating or obtaining for purchase,
lease or an acquisition of interest in any real estate;
(2) negotiates the listing, sale, purchase, exchange, lease, time share and
similarly designated interests, financing or option for any real estate;
(3) manages any real estate;
(4) represents himself to be a real estate consultant, counselor, agent or finder;
(5) undertakes to promote the sale, exchange, purchase or rental of real estate:
Provided, however, That this provision shall not include any person whose
main business is that of advertising, promotion or public relations;
(5.1) undertakes to perform a comparative market analysis; or
, (6) attempts to perform any of the above acts.
4. BUILDER-OWNER SALESPERSON - ANSWER-Any person who is a full-time employee of a
builder-owner of single and multifamily dwellings located within the Commonwealth and
as such employee shall be authorized and empowered to list for sale, sell or offer for sale,
or to negotiate the sale or exchange of real estate, or to lease or rent, or offer to lease,
rent or place for rent, any real estate owned by his builder-owner employer, or collect or
offer, or attempt to collect, rent for the use of real estate owned by his builder-owner
employer, for and on behalf of such builder-owner employer.
5. BUYER AGENT - ANSWER-Any licensee who has entered into an agency relationship with
a consumer buyer of real estate.
6. CAMPGROUND MEMBERSHIP - ANSWER-An interest, other than in fee simple or by lease,
which gives the purchaser the right to use a unit of real property for the purpose of
locating a recreational vehicle, trailer, tent, tent trailer, pickup camper or other similar
device on a periodic basis pursuant to a membership contract allocating use and
occupancy rights between other similar users.
7. CAMPGROUND MEMBERSHIP SALESPERSON - ANSWER-A person who either as an
employee or an independent contractor sells or offers to sell campground memberships.
Such person shall sell campground memberships under the active supervision of a broker.
A person licensed as a broker, as a salesperson or as a time-share salesperson shall not be
required to be licensed as a campground membership salesperson as a condition for
selling or offering to sell campground memberships.
8. CEMETERY - ANSWER-A place for the disposal or burial of deceased human beings, by
cremation or in a grave, mausoleum, vault, columbarium or other receptacle, but the
term does not include a private family cemetery.
9. CEMETERY BROKER - ANSWER-Any person engaging in or carrying on the business or
acting in the capacity of a broker within this Commonwealth exclusively within the