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Examen

PA Real Estate licensure Exam-Questions and 100% Correct Answers Latest Update for 2025/2026

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Subido en
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Escrito en
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PA Real Estate licensure Exam-Questions and 100% Correct Answers Latest Update for 2025/2026

Institución
PA Real Estate
Grado
PA Real Estate









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Institución
PA Real Estate
Grado
PA Real Estate

Información del documento

Subido en
19 de octubre de 2025
Número de páginas
15
Escrito en
2025/2026
Tipo
Examen
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Preguntas y respuestas

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PA Real Estate licensure Exam-Questions and 100%
Correct Answers Latest Update for 2025/2026
Lara took all of the required real estate education. She then took a job in a different profession
before taking her licensing exam. Lara does not have to retake the required education as long as
she had completed her pre licensing courses no more than
A. 3 years ago
B. 5 years ago
C. 10 years ago

D. there is no time limit - ✔✔B.


All officers of a corporation or members of a partnership or association who engage in real estate
must have a broker's license or an associate broker's license. true or false - ✔✔false. an officer
or partner in a real estate brokerage office who engages in or intends to engage in real estate
must have a broker/associate broker's license OR a real estate salesperson's license


Can a corporation have a broker's license without having an associate broker? yes or no -
✔✔yes. a non living entity broker must have at lease one broker of record, but is not required
to have any associate brokers, or salesperson's for that matter


Could there be more than one associate broker in a company? yes or no - ✔✔yes. there are no
limits to the number of associate brokers who may be licensed under the company's broker's
license.


Can a salesperson's license be issued to a non living entity such as a corporation? yes or no -
✔✔no


Vicky is a licensed salesperson working for Linda Realty. Inc. Can she be named president of the
corporation? yes or no - ✔✔yes.



Can an associate broker be the broker of record? yes or no - ✔✔no. an associate broker is
employed by a broker and cannot employ other licenses. while an associate broker cannot be the
broker of record, he could be the manager of a real estate company

, broker candidates are required to complete _____ hours of state approved education and have
_____ years of experience
A. 75 hours/ no years
B. 75 hours/ three years
C. 240 hours/ two years

D. 240 hours/ three years - ✔✔D


Carla has been a successful salesperson for XYZ Estate sales for 15 years, and she decides that
it's time to start her own real estate company. At lease initially, Carla will be the only employee.
Which statement best defines the license requirements for the new company?
A. carla is the broker of record
B. the company is a broker, and carla is an associate broker
C. the company is a broker, and carla is the broker of record

D. the company is a broker, and carla is a salesperson - ✔✔C.


Completion of required hours of education
A. salesperson's only
B. brokers only

C. brokers and salesperson - ✔✔C


The name and signature of a sponsoring broker
A. salesperson's only
B. brokers only

C. brokers and salesperson - ✔✔A


Three years of full time experience in real estate or a related field
A. salesperson's only
B. brokers only
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