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Exam (elaborations)

PA Exam 3 with 100% Correct Answers 2025/2026

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PA Exam 3 with 100% Correct Answers 2025/2026 Which of the following are NOT grounds in Pennsylvania for revoking a broker's license? A Being convicted of a felony B Agreeing with the seller to accept a commission that is more than the standard rate C Depositing an earnest money check into the broker's personal account D Advertising as a member of the Pennsylvania Association of Real Estate Professionals when the broker is not really a member - answer-B It is perfectly legal to agree to accept a commission that is more than the agreed uplon commission, as the seller wants to pay a bonus. Which of the following does the Pennsylvania Real Estate Commission's statutory authority NOT include? A Issue licenses and registration certificates to people that meet the requirements established by license law. B Waive all or part of continuing education requirements for a licensee due to emergency or hardship. C Approve schools that offer real estate courses. D Prescribe the subjects that are to be tested during the license exam. - answer-A The Department of State issues licenses and registration certificates, not the PREC. The other duties all fall under the authority of the Commission. Which of the following is NOT grounds for the Commission to investigate a licensee? A A written complaint from a consumer B On its own initiative C By random selection of active licenseesD By a motion from a Commission member - answer-C The Commission is not allowed to randomly select licensees for investigation. It may, however, launch an investigation based on its own initiative or on a complaint from a member or consumer.

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CERTIFIED PENNSYLVANIA EVALUATOR
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CERTIFIED PENNSYLVANIA EVALUATOR
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CERTIFIED PENNSYLVANIA EVALUATOR

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