CERTIFIED PENNSYLVANIA
EVALUATOR (CPE) ACTUAL EXAM
PAPER 2026 QUESTIONS WITH
ANSWERS GRADED A+
◍ What is the Pennsylvania Real Estate Commission?.
Answer: The Pennsylvania Real Estate Commission is the state agency
responsible for regulating real estate practices, licensing real estate
professionals, and enforcing real estate laws in Pennsylvania.
◍ What are the licensing requirements for real estate agents in Pennsylvania?.
Answer: To obtain a real estate license in Pennsylvania, applicants must
complete 75 hours of approved real estate education, pass the state licensing
exam, and submit a background check.
◍ abstract of title.
Answer: an abbreviated history of a property, including information on any
transfers, grants, wills, conveyances, liens, and encumbrances
◍ acceleration clause.
Answer: a clause in a security instrument (mortgage/deed of trust) which
makes the entire loan amount due immediately upon default
◍ accession.
Answer: the right to all that one's own property produces, including that
which is added, either naturally or by human action, to the property already
owned
◍ accretion.
Answer: the process that results in the gradual increase in land area through
deposits of soil by natural forces
,◍ What is the Real Estate Seller Disclosure Law in Pennsylvania?.
Answer: The Real Estate Seller Disclosure Law requires sellers of
residential properties to provide potential buyers with a disclosure statement
detailing the condition of the property and any known defects.
◍ acre.
Answer: a measurement of land equal to 43,560 square feet
◍ What is the purpose of the Pennsylvania Real Estate Licensing and
Registration Act?.
Answer: The Pennsylvania Real Estate Licensing and Registration Act
establishes the legal framework for the licensing of real estate professionals
and the regulation of real estate transactions in the state.
◍ actual eviction.
Answer: the legal process by which someone is expelled from a property
and prevented from re-entry
◍ ad valorem taxes.
Answer: a tax calculated according to the assessed value of a piece of real
estate
◍ What is a broker of record in Pennsylvania?.
Answer: A broker of record is a licensed real estate broker who is
responsible for the operations of a real estate office and must ensure
compliance with state laws and regulations.
◍ adjustable-rate mortgage (ARM).
Answer: a mortgage with an interest rate that can be adjusted based on
fluctuations in the cost of money
◍ What is the significance of the Pennsylvania Uniform Commercial Code
(UCC) in real estate?.
Answer: The Pennsylvania Uniform Commercial Code (UCC) governs the
sale of goods and certain transactions, impacting real estate by regulating
aspects like secured transactions involving real property.
,◍ What is the Pennsylvania Landlord and Tenant Act?.
Answer: The Pennsylvania Landlord and Tenant Act outlines the rights and
responsibilities of landlords and tenants, including lease agreements,
security deposits, and eviction procedures.
◍ adverse possession.
Answer: involuntary transfer of title from an owner who does not use or
inspect their land for a number of years to another person who has some
claim to the land and takes possession
◍ agency agreement.
Answer: a mutually binding understanding between two parties that
authorizes another party to act on their behalf
◍ What is a real estate licensee's duty to disclose in Pennsylvania?.
Answer: Real estate licensees in Pennsylvania have a duty to disclose any
material defects in a property that they are aware of, as well as any conflicts
of interest.
◍ What is the difference between a real estate agent and a broker in
Pennsylvania?.
Answer: A real estate agent is licensed to assist clients in buying, selling, or
renting properties under the supervision of a broker, while a broker has
additional training and can operate independently.
◍ What is the Pennsylvania Home Improvement Consumer Protection Act?.
Answer: The Pennsylvania Home Improvement Consumer Protection Act
provides regulations for home improvement contracts and protects
consumers from unfair practices by contractors.
◍ agent.
Answer: an individual with authority to act on behalf of another; a state
license is required to operate as an agent in real estate
◍ What is the role of a real estate appraiser in Pennsylvania?.
Answer: A real estate appraiser in Pennsylvania is responsible for estimating
, the value of a property based on various factors, including market
conditions, property features, and comparable sales.
◍ air rights.
Answer: the right to use the air space above the surface of land
◍ What is the Pennsylvania Fair Housing Law?.
Answer: The Pennsylvania Fair Housing Law prohibits discrimination in
housing based on race, color, religion, sex, national origin, disability, and
familial status.
◍ What is a real estate trust account in Pennsylvania?.
Answer: A real estate trust account is a separate bank account used by real
estate brokers to hold clients' funds, such as earnest money deposits, in a
fiduciary capacity.
◍ What are the continuing education requirements for real estate licensees in
Pennsylvania?.
Answer: Real estate licensees in Pennsylvania must complete 14 hours of
continuing education every two years to maintain their license.
◍ What is the purpose of a Comparative Market Analysis (CMA) in real
estate?.
Answer: A Comparative Market Analysis (CMA) is a tool used by real
estate agents to estimate a property's value by comparing it to similar
properties that have recently sold in the area.
◍ What is the Pennsylvania Real Estate Recovery Fund?.
Answer: The Pennsylvania Real Estate Recovery Fund is a fund established
to reimburse consumers who suffer monetary losses due to the wrongful acts
of licensed real estate professionals.
◍ What is a lease option in Pennsylvania?.
Answer: A lease option is a rental agreement that gives the tenant the right
to purchase the property at a predetermined price within a specified time
frame.
EVALUATOR (CPE) ACTUAL EXAM
PAPER 2026 QUESTIONS WITH
ANSWERS GRADED A+
◍ What is the Pennsylvania Real Estate Commission?.
Answer: The Pennsylvania Real Estate Commission is the state agency
responsible for regulating real estate practices, licensing real estate
professionals, and enforcing real estate laws in Pennsylvania.
◍ What are the licensing requirements for real estate agents in Pennsylvania?.
Answer: To obtain a real estate license in Pennsylvania, applicants must
complete 75 hours of approved real estate education, pass the state licensing
exam, and submit a background check.
◍ abstract of title.
Answer: an abbreviated history of a property, including information on any
transfers, grants, wills, conveyances, liens, and encumbrances
◍ acceleration clause.
Answer: a clause in a security instrument (mortgage/deed of trust) which
makes the entire loan amount due immediately upon default
◍ accession.
Answer: the right to all that one's own property produces, including that
which is added, either naturally or by human action, to the property already
owned
◍ accretion.
Answer: the process that results in the gradual increase in land area through
deposits of soil by natural forces
,◍ What is the Real Estate Seller Disclosure Law in Pennsylvania?.
Answer: The Real Estate Seller Disclosure Law requires sellers of
residential properties to provide potential buyers with a disclosure statement
detailing the condition of the property and any known defects.
◍ acre.
Answer: a measurement of land equal to 43,560 square feet
◍ What is the purpose of the Pennsylvania Real Estate Licensing and
Registration Act?.
Answer: The Pennsylvania Real Estate Licensing and Registration Act
establishes the legal framework for the licensing of real estate professionals
and the regulation of real estate transactions in the state.
◍ actual eviction.
Answer: the legal process by which someone is expelled from a property
and prevented from re-entry
◍ ad valorem taxes.
Answer: a tax calculated according to the assessed value of a piece of real
estate
◍ What is a broker of record in Pennsylvania?.
Answer: A broker of record is a licensed real estate broker who is
responsible for the operations of a real estate office and must ensure
compliance with state laws and regulations.
◍ adjustable-rate mortgage (ARM).
Answer: a mortgage with an interest rate that can be adjusted based on
fluctuations in the cost of money
◍ What is the significance of the Pennsylvania Uniform Commercial Code
(UCC) in real estate?.
Answer: The Pennsylvania Uniform Commercial Code (UCC) governs the
sale of goods and certain transactions, impacting real estate by regulating
aspects like secured transactions involving real property.
,◍ What is the Pennsylvania Landlord and Tenant Act?.
Answer: The Pennsylvania Landlord and Tenant Act outlines the rights and
responsibilities of landlords and tenants, including lease agreements,
security deposits, and eviction procedures.
◍ adverse possession.
Answer: involuntary transfer of title from an owner who does not use or
inspect their land for a number of years to another person who has some
claim to the land and takes possession
◍ agency agreement.
Answer: a mutually binding understanding between two parties that
authorizes another party to act on their behalf
◍ What is a real estate licensee's duty to disclose in Pennsylvania?.
Answer: Real estate licensees in Pennsylvania have a duty to disclose any
material defects in a property that they are aware of, as well as any conflicts
of interest.
◍ What is the difference between a real estate agent and a broker in
Pennsylvania?.
Answer: A real estate agent is licensed to assist clients in buying, selling, or
renting properties under the supervision of a broker, while a broker has
additional training and can operate independently.
◍ What is the Pennsylvania Home Improvement Consumer Protection Act?.
Answer: The Pennsylvania Home Improvement Consumer Protection Act
provides regulations for home improvement contracts and protects
consumers from unfair practices by contractors.
◍ agent.
Answer: an individual with authority to act on behalf of another; a state
license is required to operate as an agent in real estate
◍ What is the role of a real estate appraiser in Pennsylvania?.
Answer: A real estate appraiser in Pennsylvania is responsible for estimating
, the value of a property based on various factors, including market
conditions, property features, and comparable sales.
◍ air rights.
Answer: the right to use the air space above the surface of land
◍ What is the Pennsylvania Fair Housing Law?.
Answer: The Pennsylvania Fair Housing Law prohibits discrimination in
housing based on race, color, religion, sex, national origin, disability, and
familial status.
◍ What is a real estate trust account in Pennsylvania?.
Answer: A real estate trust account is a separate bank account used by real
estate brokers to hold clients' funds, such as earnest money deposits, in a
fiduciary capacity.
◍ What are the continuing education requirements for real estate licensees in
Pennsylvania?.
Answer: Real estate licensees in Pennsylvania must complete 14 hours of
continuing education every two years to maintain their license.
◍ What is the purpose of a Comparative Market Analysis (CMA) in real
estate?.
Answer: A Comparative Market Analysis (CMA) is a tool used by real
estate agents to estimate a property's value by comparing it to similar
properties that have recently sold in the area.
◍ What is the Pennsylvania Real Estate Recovery Fund?.
Answer: The Pennsylvania Real Estate Recovery Fund is a fund established
to reimburse consumers who suffer monetary losses due to the wrongful acts
of licensed real estate professionals.
◍ What is a lease option in Pennsylvania?.
Answer: A lease option is a rental agreement that gives the tenant the right
to purchase the property at a predetermined price within a specified time
frame.
