PA REAL ESTATE STATE PORTION
QUESTIONS AND ANSWERS (RATED
A+)
When using the services of a real estate licensee to find a residence to lease, a PA
consumer must be provided with
a. consumer notice
b. rental application
c. plain language residential lease
d. landlords led-based disclosure - ANSWERa. consumer notice
according to the Pennsylvania landlord-tenant act, a tenant must be notified of the
final disposition of his security deposit within what time period following the end of
the time?
A. within 5 days
B. within 30 days
C. within 60 days
D. immediately upon completion of the landlord's inspection of the premises -
ANSWERB. within 30 days
Why is the following advertisement placed by a salesperson employed by ABC
reality, in violation of Pennsylvania rules? harrisburg cottage, near bus. For info call
555-9234 (home) or 675-6330 (office). Ask for John doe
a) no address is given
b) the salesperson's name appears in the ad
c) the broker's name does not appear in the ad
d) the mls number is not included in the ad - ANSWERc) the broker's name does not
appear in the ad
In order to work as a property manager for compensation, an individual must
A. complete a certification for property management
B. pass a separate examination in principles of a property management
C. complete at least one course in property management every two years
D. hold a real estate license and, if not a broker, be supervised by a broker -
ANSWERD. hold a real estate license and, if not a broker, be supervised by a broker
A licensee representing a buyer MUST inform the listing broker or the seller of the
brokerage relationship
A. at the first contract
B. when an offer is written
C. by addendum to the offer
D. in conjunction with discussing the offer - ANSWERD. in conjunction with
discussing the offer
,A salesperson receives a deposit from a prospective buyer. According to
Pennsylvania license law what is the salesperson's responsibility?
A. Promptly deliver the check to the seller for deposit by the end of the next business
day
B. Hold the check until the offer is accepted
C. immediately deposit the funds into the office account
D. Promptly deliver the check to the broker for deposit - ANSWERD. Promptly deliver
the check to the broker for deposit
A salesperson is preparing directions for an open house advertisement. There are
several landmarks that people could recognize, including a Catholic Cemetery, a
Polish social club, and a Funeral Home with a white fence surrounding the parking
lot. According to the Pennsylvania human relations Commission advertising
guidelines, which if any of these landmarks could be used in the advertisement?
a. None
b. Cemetery
c. social club
d. Funeral Home - ANSWERa. None
The Pennsylvania real estate commission may levy a civil penalty upon an individual
who violates any provision of the real estate licensing and registration act, but only if
the individual has been
A. warned in writing
B. given the opportunity for a hearing
C. confronted in person
D. suspended from real estate activities - ANSWERB. given the opportunity for a
hearing
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 his 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 - ANSWERB. disclose in all advertising that the owner of
the property is a real estate licensee
The provisions of the real estate licensing and registration act apply to:
1) A trustee who participates in real estate transactions under authority of a court
order.
2) An attorney at law who participates in real estate transactions on behalf of the
client
3) A real estate licensee selling real estate she owns
4) A licensed auctioneer who is auctioning property. - ANSWER3) A real estate
licensee selling real estate she owns
According to Pennsylvania code, which of the following is NOT a purpose of
professional real state continuing education
a. to maintain an increased competency to engage in licensed real estate activities
b. to follow federal guidelines regarding real estate licensees
c. to keep licenses of breast of any changes in laws and regulations
, d. to protect the public from incompetent real estate practices - ANSWERa. to
maintain an increased competency to engage in licensed real estate activities
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 - ANSWERa.
entering into leases
The Pennsylvania human relations act protects people against discrimination on the
grounds of all of the following EXCEPT
a. familiar status
b. criminal record
c. mental disability
d. physical disability - ANSWERb. criminal record
A licensee has been found to have committed acts prohibited by the license law.
Which of the following is the maximum penalty that the Pennsylvania real estate
Commission can impose on that licensee?
a. License revocation and in order to return the competition payment received
b. license revocation and in order to perform community service
c. license revocation and imprisonment of no more than one year
d. license revocation and a fine - ANSWERd. license revocation and a fine
Which of the following actions by a licensee is a violation of Pennsylvania real estate
license law?
a. Soliciting listings in a multi-ethnic neighborhood
b. preparing a listing contract that leaves the duration unspecified
c. attempting to change employing brokers more than three times in a 12 month.
d. Showing property in an area with a high concentration of 1 ethnic group to
members of another ethnic group or racial group - ANSWERb. preparing a listing
contract that leaves the duration unspecified
The Pennsylvania Real Estate Commission is authorized to do all of the following
EXCEPT.
a. administer and enforce the laws relating to real estate activity for which licensing
occurs
b. adopt and enforce regulations of continuing education for licenses
c. determine appropriate fees for various licenses
d. oversee the services provided to a licensed by professional organizations -
ANSWERd. oversee the services provided to a licensed by professional
organizations
According to the Real Estate Commission's regulations, an agreement of sale MUST
contain the
a. amount of broker's compensation
b. waiver of broker's responsibility
c. dates for payment and conveyance
QUESTIONS AND ANSWERS (RATED
A+)
When using the services of a real estate licensee to find a residence to lease, a PA
consumer must be provided with
a. consumer notice
b. rental application
c. plain language residential lease
d. landlords led-based disclosure - ANSWERa. consumer notice
according to the Pennsylvania landlord-tenant act, a tenant must be notified of the
final disposition of his security deposit within what time period following the end of
the time?
A. within 5 days
B. within 30 days
C. within 60 days
D. immediately upon completion of the landlord's inspection of the premises -
ANSWERB. within 30 days
Why is the following advertisement placed by a salesperson employed by ABC
reality, in violation of Pennsylvania rules? harrisburg cottage, near bus. For info call
555-9234 (home) or 675-6330 (office). Ask for John doe
a) no address is given
b) the salesperson's name appears in the ad
c) the broker's name does not appear in the ad
d) the mls number is not included in the ad - ANSWERc) the broker's name does not
appear in the ad
In order to work as a property manager for compensation, an individual must
A. complete a certification for property management
B. pass a separate examination in principles of a property management
C. complete at least one course in property management every two years
D. hold a real estate license and, if not a broker, be supervised by a broker -
ANSWERD. hold a real estate license and, if not a broker, be supervised by a broker
A licensee representing a buyer MUST inform the listing broker or the seller of the
brokerage relationship
A. at the first contract
B. when an offer is written
C. by addendum to the offer
D. in conjunction with discussing the offer - ANSWERD. in conjunction with
discussing the offer
,A salesperson receives a deposit from a prospective buyer. According to
Pennsylvania license law what is the salesperson's responsibility?
A. Promptly deliver the check to the seller for deposit by the end of the next business
day
B. Hold the check until the offer is accepted
C. immediately deposit the funds into the office account
D. Promptly deliver the check to the broker for deposit - ANSWERD. Promptly deliver
the check to the broker for deposit
A salesperson is preparing directions for an open house advertisement. There are
several landmarks that people could recognize, including a Catholic Cemetery, a
Polish social club, and a Funeral Home with a white fence surrounding the parking
lot. According to the Pennsylvania human relations Commission advertising
guidelines, which if any of these landmarks could be used in the advertisement?
a. None
b. Cemetery
c. social club
d. Funeral Home - ANSWERa. None
The Pennsylvania real estate commission may levy a civil penalty upon an individual
who violates any provision of the real estate licensing and registration act, but only if
the individual has been
A. warned in writing
B. given the opportunity for a hearing
C. confronted in person
D. suspended from real estate activities - ANSWERB. given the opportunity for a
hearing
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 his 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 - ANSWERB. disclose in all advertising that the owner of
the property is a real estate licensee
The provisions of the real estate licensing and registration act apply to:
1) A trustee who participates in real estate transactions under authority of a court
order.
2) An attorney at law who participates in real estate transactions on behalf of the
client
3) A real estate licensee selling real estate she owns
4) A licensed auctioneer who is auctioning property. - ANSWER3) A real estate
licensee selling real estate she owns
According to Pennsylvania code, which of the following is NOT a purpose of
professional real state continuing education
a. to maintain an increased competency to engage in licensed real estate activities
b. to follow federal guidelines regarding real estate licensees
c. to keep licenses of breast of any changes in laws and regulations
, d. to protect the public from incompetent real estate practices - ANSWERa. to
maintain an increased competency to engage in licensed real estate activities
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 - ANSWERa.
entering into leases
The Pennsylvania human relations act protects people against discrimination on the
grounds of all of the following EXCEPT
a. familiar status
b. criminal record
c. mental disability
d. physical disability - ANSWERb. criminal record
A licensee has been found to have committed acts prohibited by the license law.
Which of the following is the maximum penalty that the Pennsylvania real estate
Commission can impose on that licensee?
a. License revocation and in order to return the competition payment received
b. license revocation and in order to perform community service
c. license revocation and imprisonment of no more than one year
d. license revocation and a fine - ANSWERd. license revocation and a fine
Which of the following actions by a licensee is a violation of Pennsylvania real estate
license law?
a. Soliciting listings in a multi-ethnic neighborhood
b. preparing a listing contract that leaves the duration unspecified
c. attempting to change employing brokers more than three times in a 12 month.
d. Showing property in an area with a high concentration of 1 ethnic group to
members of another ethnic group or racial group - ANSWERb. preparing a listing
contract that leaves the duration unspecified
The Pennsylvania Real Estate Commission is authorized to do all of the following
EXCEPT.
a. administer and enforce the laws relating to real estate activity for which licensing
occurs
b. adopt and enforce regulations of continuing education for licenses
c. determine appropriate fees for various licenses
d. oversee the services provided to a licensed by professional organizations -
ANSWERd. oversee the services provided to a licensed by professional
organizations
According to the Real Estate Commission's regulations, an agreement of sale MUST
contain the
a. amount of broker's compensation
b. waiver of broker's responsibility
c. dates for payment and conveyance
