1 | P a g e | © copyright 2024/2025 | Grade A+
PA State Salesperson Test Questions
and Answers (100% Pass)
A broker is found guilty and ordered to pay monetary damages to a
consumer. What timeframe must the injured party file a claim for payment
from the real estate recovery fund?
✓ Injured parties must file claim to real estate recovery fund one year
after termination of proceedings in connection to judgement awarded
consumer.
What statement is TRUE regarding the real estate recovery fund?
✓ An agreement of sale must contain disclosure language advising
parties of the existence of the real estate recovery fund with a phone
number to call for complete details.
The primary purpose public meetings held by the real estate commission is to
✓ solicit from members of the public their suggestions, comments, and
objections about real estate practice in PA.
What is the maximum penalty that may be imposed on an individual found
guilty for the second time of engaging in the real estate business without a
license?
Master01 | October, 2024/2025 | Latest update
, 1 | P a g e | © copyright 2024/2025 | Grade A+
✓ A fine of $5,000 and imprisonment for a period of 2 years.
A builder-owner salesperson is an individual holding a standard or reciprocal
license, who is a full-time employee of builder-owner, and authorized on
behalf of builder owner to do one or more of the following
✓ 1-list for sale, sell, or offer for sale real estate of the builder-owner, 2-
negotiate the sale or exchange of real estate of the builder-owner 3-
lease or rent, or offer to lease, rent or place for rent, real estate of the
builder-owner, 4-collect or offer, or attempt to collect, rent for real
estate of the builder-owner.
In order to become a member of the PA Real Estate Commission, a
candidate must
✓ be appointed by the Governor.
The maximum compensation that will be paid from the real estate recovery
fund to satisfy claims against a licensee is
✓ $100,000
How are members of the PA real estate commission selected?
Master01 | October, 2024/2025 | Latest update
, 1 | P a g e | © copyright 2024/2025 | Grade A+
✓ Members of the PA real estate commission are appointed by the
Governor.
How many members of the PA real estate commission are required to be
licensed real estate brokers at the time of their appointment?
✓ 5 members pf the PA real estate commission must be licensed brokers.
The PA real estate commission may undertake an investigation of a licensee
based on all of the following EXCEPT
✓ A random selection of licensees currently active.
An individual is found guilty of engaging in business as a broker or
salesperson without being properly licensed. The penalty for the 1st offense
includes a fine of up to
✓ $500, imprisonment for a maximum of 3 months, or both.
A rental listing referral agent is an individual or agency that
✓ owns or manages a business which collects rental information for the
purpose of referring prospective tenants to rental units or locations of
rental units. This does not include employee of public housing authority.
Master01 | October, 2024/2025 | Latest update
PA State Salesperson Test Questions
and Answers (100% Pass)
A broker is found guilty and ordered to pay monetary damages to a
consumer. What timeframe must the injured party file a claim for payment
from the real estate recovery fund?
✓ Injured parties must file claim to real estate recovery fund one year
after termination of proceedings in connection to judgement awarded
consumer.
What statement is TRUE regarding the real estate recovery fund?
✓ An agreement of sale must contain disclosure language advising
parties of the existence of the real estate recovery fund with a phone
number to call for complete details.
The primary purpose public meetings held by the real estate commission is to
✓ solicit from members of the public their suggestions, comments, and
objections about real estate practice in PA.
What is the maximum penalty that may be imposed on an individual found
guilty for the second time of engaging in the real estate business without a
license?
Master01 | October, 2024/2025 | Latest update
, 1 | P a g e | © copyright 2024/2025 | Grade A+
✓ A fine of $5,000 and imprisonment for a period of 2 years.
A builder-owner salesperson is an individual holding a standard or reciprocal
license, who is a full-time employee of builder-owner, and authorized on
behalf of builder owner to do one or more of the following
✓ 1-list for sale, sell, or offer for sale real estate of the builder-owner, 2-
negotiate the sale or exchange of real estate of the builder-owner 3-
lease or rent, or offer to lease, rent or place for rent, real estate of the
builder-owner, 4-collect or offer, or attempt to collect, rent for real
estate of the builder-owner.
In order to become a member of the PA Real Estate Commission, a
candidate must
✓ be appointed by the Governor.
The maximum compensation that will be paid from the real estate recovery
fund to satisfy claims against a licensee is
✓ $100,000
How are members of the PA real estate commission selected?
Master01 | October, 2024/2025 | Latest update
, 1 | P a g e | © copyright 2024/2025 | Grade A+
✓ Members of the PA real estate commission are appointed by the
Governor.
How many members of the PA real estate commission are required to be
licensed real estate brokers at the time of their appointment?
✓ 5 members pf the PA real estate commission must be licensed brokers.
The PA real estate commission may undertake an investigation of a licensee
based on all of the following EXCEPT
✓ A random selection of licensees currently active.
An individual is found guilty of engaging in business as a broker or
salesperson without being properly licensed. The penalty for the 1st offense
includes a fine of up to
✓ $500, imprisonment for a maximum of 3 months, or both.
A rental listing referral agent is an individual or agency that
✓ owns or manages a business which collects rental information for the
purpose of referring prospective tenants to rental units or locations of
rental units. This does not include employee of public housing authority.
Master01 | October, 2024/2025 | Latest update
