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PSI REAL ESTATE SALESPERSON FINAL PAPER 2026 MASTER ANSWER COLLECTION

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PSI REAL ESTATE SALESPERSON FINAL PAPER 2026 MASTER ANSWER COLLECTION

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PSI REAL ESTATE SALESPERSON FINAL
PAPER 2026 MASTER ANSWER
COLLECTION


◉The Real Estate Commission has the authority to conduct a
hearing in response to an alleged complaint. As a result of a hearing,
the Commission may do all of the following except:. Answer:
Maintain records, even if no disciplinary actions were taken against
a licensee


◉An authorized power of the Real Estate Commission is to:. Answer:
Administer and enforce the laws that govern the conduct of
licensees


◉Real Estate Commission. Answer: The Real Estate Commission has
the statutory authority to administer and enforce the laws governing
the conduct of all licensees. The Department of State contracts the
services of a third party testing service to create and administer the
examination. The Real Estate Commission has not been granted any
statutory authority to interview members of the public. It is the
Department of State that issues all real estate licenses not the Real
Estate Commission.

, ◉License Law. Answer: A real estate license is required to perform a
broker price opinion for another for a fee. An auctioneer, investor, or
attorney-at-law would be exempt from obtaining a real estate
license, per Pennsylvania licensing law.


◉The real estate license of a salesperson must be:. Answer:
Maintained in the employing broker's office


◉According to Pennsylvania License Law, a salesperson may be
employed by:. Answer: The broker designated on the salesperson's
current license


◉If, after changing employing brokers, the salesperson does not
receive his new license within 30 days, the salesperson should:.
Answer: accept the responsibility to notify the Commission that he
has not received the license


◉Licensed salespersons may receive compensation, bonus or
commission from which of the following people?. Answer: Their
employing broker


◉The Pennsylvania Human Relations Commission allows a person
to file a complaint of discrimination with HUD up to a maximum of
how much time from the alleged act?. Answer: 1 year

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