PSI PA STATE REAL ESTATE EXAMINERS QUESTIONS
AND ANSWERS SURE A+
✔✔What constitutes a Quorum of the Real Estate Commission? - ✔✔A majority of the
members currently serving on the commission shall constitute a quorum.
✔✔Under which circumstances may a Real Estate Commission member be excused
from a meeting? - ✔✔The commission shall elect a chairman, vice-chairman and
secretary from among its members. A commission member who fails to attend three
consecutive meetings shall forfeit his seat unless the Commissioner of Professional and
Occupational Affairs, upon written request from the member, finds that the member
should be excused from a meeting because of illness or the death of a family member.
✔✔In addition to regularly scheduled meetings, how many Public Meetings must the PA
Real Estate Commission hold each year and where are they held? - ✔✔In addition to
regularly scheduled meetings of the commission, there shall be at least one public
meeting each year in Pittsburgh, one public meeting each year in Philadelphia and one
public meeting each year in Harrisburg.
✔✔How many days in advance must a Public Meeting of the PA Real Estate
Commission be publicized and where? What is the purpose of the meetings? - ✔✔At
least 15 days prior to the holding of any public meeting pursuant to this subsection, the
commission shall give public notice of the meeting in a newspaper of general circulation
, in each of the areas where the public meeting is to be held. The purpose of these
special meetings shall be to solicit from members of the public, suggestions, comments
and objections about real estate practice in this Commonwealth.
✔✔Who is exempt from needing a Real Estate License in PA? - ✔✔It shall be unlawful
for any person, directly or indirectly, to engage in or conduct, or to advertise or hold
himself out as engaging in or conducting the business, or acting in the capacity of a real
estate licensee in PA without first being licensed or registered unless he is exempted
from obtaining a license or registration certificate under the provisions of section 304.
Except as otherwise provided in this act, the provisions of this act shall not apply to the
following:
(1) An owner of real estate with respect to property owned or leased by such owner. In
the case of a partnership or corporation, this exclusion shall not extend to more than
five of its partners or officers, respectively, nor to other partnership or corporation
personnel or employees.
(2) The employees of a public utility acting in the ordinary course of utility-related
business under the provisions of Title 66 of the Pennsylvania Consolidated Statutes
(relating to public utilities), with respect to negotiating the purchase, sale or lease of
property.
(3) The officers or employees of a partnership or corporation whose principal business
is the discovery, extraction, distribution or transmission of energy or mineral resources,
provided that the purchase, sale or lease of real estate is a common and necessary
transaction in the conduct of such principal business.
(4) The services rendered by an attorney-in-fact under an executed and recorded power
of attorney from the owner or lessor (provided such power of attorney is not utilized to
circumvent the intent of this act) or by an attorney at law.
(5) A person acting as trustee in bankruptcy, administrator, executor, trustee or
guardian while acting under a court order or under the authority of a will or of a trust
instrument.
(6) The elected officer or director of any banking inst
✔✔What is the Civil Penalty for violation of RELRA ? - ✔✔In addition to any other civil
remedy or criminal penalty provided for in this act, the commission, by a vote of the
majority of the maximum number of the authorized membership of the commission as
provided by law, or by a vote of the majority of the duly qualified and confirmed
membership or a minimum of five members, whichever is greater, may levy a civil
penalty of up to $ 1,000 on any current licensee who violates any provision of this act or
on any person who practices real estate without being properly licensed to do so under
this act. The commission shall levy this penalty only after affording the accused party
AND ANSWERS SURE A+
✔✔What constitutes a Quorum of the Real Estate Commission? - ✔✔A majority of the
members currently serving on the commission shall constitute a quorum.
✔✔Under which circumstances may a Real Estate Commission member be excused
from a meeting? - ✔✔The commission shall elect a chairman, vice-chairman and
secretary from among its members. A commission member who fails to attend three
consecutive meetings shall forfeit his seat unless the Commissioner of Professional and
Occupational Affairs, upon written request from the member, finds that the member
should be excused from a meeting because of illness or the death of a family member.
✔✔In addition to regularly scheduled meetings, how many Public Meetings must the PA
Real Estate Commission hold each year and where are they held? - ✔✔In addition to
regularly scheduled meetings of the commission, there shall be at least one public
meeting each year in Pittsburgh, one public meeting each year in Philadelphia and one
public meeting each year in Harrisburg.
✔✔How many days in advance must a Public Meeting of the PA Real Estate
Commission be publicized and where? What is the purpose of the meetings? - ✔✔At
least 15 days prior to the holding of any public meeting pursuant to this subsection, the
commission shall give public notice of the meeting in a newspaper of general circulation
, in each of the areas where the public meeting is to be held. The purpose of these
special meetings shall be to solicit from members of the public, suggestions, comments
and objections about real estate practice in this Commonwealth.
✔✔Who is exempt from needing a Real Estate License in PA? - ✔✔It shall be unlawful
for any person, directly or indirectly, to engage in or conduct, or to advertise or hold
himself out as engaging in or conducting the business, or acting in the capacity of a real
estate licensee in PA without first being licensed or registered unless he is exempted
from obtaining a license or registration certificate under the provisions of section 304.
Except as otherwise provided in this act, the provisions of this act shall not apply to the
following:
(1) An owner of real estate with respect to property owned or leased by such owner. In
the case of a partnership or corporation, this exclusion shall not extend to more than
five of its partners or officers, respectively, nor to other partnership or corporation
personnel or employees.
(2) The employees of a public utility acting in the ordinary course of utility-related
business under the provisions of Title 66 of the Pennsylvania Consolidated Statutes
(relating to public utilities), with respect to negotiating the purchase, sale or lease of
property.
(3) The officers or employees of a partnership or corporation whose principal business
is the discovery, extraction, distribution or transmission of energy or mineral resources,
provided that the purchase, sale or lease of real estate is a common and necessary
transaction in the conduct of such principal business.
(4) The services rendered by an attorney-in-fact under an executed and recorded power
of attorney from the owner or lessor (provided such power of attorney is not utilized to
circumvent the intent of this act) or by an attorney at law.
(5) A person acting as trustee in bankruptcy, administrator, executor, trustee or
guardian while acting under a court order or under the authority of a will or of a trust
instrument.
(6) The elected officer or director of any banking inst
✔✔What is the Civil Penalty for violation of RELRA ? - ✔✔In addition to any other civil
remedy or criminal penalty provided for in this act, the commission, by a vote of the
majority of the maximum number of the authorized membership of the commission as
provided by law, or by a vote of the majority of the duly qualified and confirmed
membership or a minimum of five members, whichever is greater, may levy a civil
penalty of up to $ 1,000 on any current licensee who violates any provision of this act or
on any person who practices real estate without being properly licensed to do so under
this act. The commission shall levy this penalty only after affording the accused party
