PA REAL ESTATE STATE PORTION
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QUESTIONS AND ANSWERS 100%
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GUARANTEED SUCCESS.
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a. oconsumer onotice o- o ocorrect oanswer. o oWhen ousing othe oservices oof oa oreal oestate
olicensee o
o
to ofind oa oresidence oto olease, oa oPA oconsumer omust obe oprovided
owith
o
a. consumer onotice o
b. rental oapplication o
c. plain olanguage oresidential olease o
d. landlords oled-based odisclosure o
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B. owithin o30 odays o- o ocorrect oanswer. o oaccording oto othe oPennsylvania olandlord-tenant
oact, oa otenant omust obe onotified oof othe ofinal odisposition oof ohis osecurity odeposit owithin
owhat otime operiod ofollowing othe oend oof othe otime? o
A. within o5 odays o
B. within o30 odays o
C. within o60 odays o
D. immediately oupon ocompletion oof othe olandlord's oinspection oof othe opremises o
o
c) othe obroker's oname odoes onot oappear oin othe oad o- o ocorrect oanswer. o oWhy ois othe
ofollowing oadvertisement oplaced oby oa osalesperson oemployed oby oABC oreality, oin
oviolation oof oPennsylvania orules? oharrisburg ocottage, onear obus. oFor oinfo ocall o555-
9234 o(home) oor o6756330 o(office). oAsk ofor oJohn odoe oa) ono oaddress ois ogiven o
b) othe osalesperson's oname oappears oin othe oad o
c) othe obroker's oname odoes onot oappear oin othe
oad
o
d) othe omls onumber ois onot oincluded oin othe
oad
o
D. oPromptly odeliver othe ocheck oto othe obroker ofor odeposit o- o ocorrect oanswer. o oA
osalesperson oreceives oa odeposit ofrom oa oprospective obuyer. oAccording oto
oPennsylvania olicense olaw owhat ois othe osalesperson's oresponsibility? o
A. Promptly odeliver othe ocheck oto othe oseller ofor odeposit oby othe oend oof othe onext
obusiness oday o
B. Hold othe ocheck ountil othe ooffer ois oaccepted o
C. immediately odeposit othe ofunds ointo othe ooffice oaccount o
D. Promptly odeliver othe ocheck oto othe obroker ofor odeposit o
o
, c. osocial oclub o- o ocorrect oanswer. o oA osalesperson ois opreparing odirections ofor oan
oopen ohouse oadvertisement. oThere oare oseveral olandmarks othat opeople ocould
orecognize, oincluding oa oCatholic oCemetery, oa oPolish osocial oclub, oand oa oFuneral
oHome owith oa owhite ofence osurrounding othe oparking olot. oAccording oto othe
oPennsylvania ohuman orelations oCommission oadvertising oguidelines, owhich oif oany
oof othese olandmarks ocould obe oused oin othe oadvertisement? oa. oNone o
b. Cemetery o
c. social oclub o
d. Funeral oHome o
o
B. ogiven othe oopportunity ofor oa ohearing o- o ocorrect oanswer. o oThe oPennsylvania oreal
oestate ocommission omay olevy oa ocivil openalty oupon oan oindividual owho oviolates oany
oprovision oof othe o
real oestate olicensing oand oregistration oact, obut oonly oif othe oindividual ohas obeen o
A. warned oin owriting o
B. given othe oopportunity ofor oa ohearing o
C. confronted oin operson o
D. suspended ofrom oreal oestate oactivities o
o
B. odisclose oin oall oadvertising othat othe oowner oof othe oproperty ois oa oreal oestate
olicensee o- o ocorrect oanswer. o oA osalesperson oowns oa oresidence oand owishes oto osell oit
owithout olisting oit. o
Under oPennsylvania olicense olaw, othe osalesperson oMUST o
A. list othe oproperty owith ohis ofirm o
B. disclose oin oall oadvertising othat othe oowner oof othe oproperty ois oa oreal oestate
olicensee o
C. offer oa osales ocommission oor ofee oto ocooperating obrokers o
D. have oan oactive olicense o
o
2) oAn oattorney oat olaw owho oparticipates oin oreal oestate otransactions oon obehalf oof othe
oclient o- o ocorrect oanswer. o oThe oprovisions oof othe oreal oestate olicensing oand
oregistration oact oapply oto: o1) oA otrustee owho oparticipates oin oreal oestate otransactions
ounder oauthority oof oa ocourt oorder. o
2) oAn oattorney oat olaw owho oparticipates oin oreal oestate otransactions oon obehalf oof othe
oclient o3) oA oreal oestate olicensee oselling oreal oestate oshe oowns o4) oA olicensed
oauctioneer owho ois oauctioning oproperty. o
o
a. oto omaintain oan oincreased ocompetency oto oengage oin olicensed oreal oestate oactivities
o- o ocorrect oanswer. o oAccording oto oPennsylvania ocode, owhich oof othe ofollowing ois oNOT
oa opurpose oof oprofessional oroll ostate ocontinuing oeducation o
a. to omaintain oan oincreased ocompetency oto oengage oin olicensed oreal oestate oactivities
o
b. to ofollow ofederal oguidelines oregarding oreal oestate olicensees o
c. to okeep olicenses oof obreast oof oany ochanges oin olaws oand oregulations o
d. to oprotect othe opublic ofrom oincompetent oreal oestate opractices o
o