PSI PA State Real Estate Practice Exam Correct 100%
Requires the seller to provide notice to a purchaser about whether a structure on the land is entitled to support from the underlying coal. - ANSWER Coal Notice Three conditions that must be met for a mobile home to be considered real estate - ANSWER 1. Mobile home is transferred in conjunction with and as a part of an assignment of a land lease or the transfer of an interest in land on which the mobile home is situated; or 2. Mobile home is permanently attached to a foundation, and 3. Registration of the mobile home is canceled by the owner with the Pennsylvania Bureau of Motor Vehicles The governing body of a municipality is responsible for enacting the comprehensive plan, zoning, and subdivision ordinances in accordance with procedures in the Pennsylvania Municipalities Planning Code. They may appoint a planning commission to be responsible for formulating the recommended plans and ordinances. Public hearings must be held prior to their enactment by the governing body. - ANSWER Zoning Charges permitted by the Pennsylvania Municipalities Planning Code to help defray the cost of streets to keep up with development - ANSWER Impact Fees Went into effect in July 2004, as prescribed by the Pennsylvania Construction Code Act that was passed in 1999. *In addition to satisfying
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