Pennsylvania Auctioneer Exam Practice
Questions And Correct Answers (Verified
Answers) Plus Rationales 2026 Q&A | Instant
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1. Which of the following is required to obtain a Pennsylvania
auctioneer license?
A. Completing a 100-hour auctioneer course
B. Owning an auction business for one year
C. Being a registered real estate agent
D. Passing a federal background check
Completion of a state-approved auctioneer course is mandatory
before applying for licensure.
2. How often must a Pennsylvania auctioneer renew their license?
A. Every year
B. Every three years
C. Every two years
D. Every five years
Pennsylvania auctioneer licenses must be renewed biennially with
continuing education requirements.
3. Which of the following is a prohibited practice for a Pennsylvania
auctioneer?
A. Accepting a commission
B. Advertising upcoming auctions
C. Misrepresenting the value of goods
, D. Using online bidding platforms
Fraudulent misrepresentation of merchandise is explicitly
prohibited by state law.
4. What is the minimum age requirement to become a licensed
auctioneer in Pennsylvania?
A. 18 years
B. 18 years
C. 21 years
D. 25 years
Applicants must be at least 18 years old to apply for a license.
5. Which document must an applicant submit with their auctioneer
license application?
A. Sales tax returns
B. Background check report
C. Proof of home ownership
D. Employment history
A criminal background check is required as part of the licensing
process.
6. Which type of bond must a Pennsylvania auctioneer obtain?
A. Performance bond
B. Insurance bond
C. Surety bond
D. Fidelity bond
A surety bond protects clients and the public against misconduct
by the auctioneer.
7. When conducting an auction, an auctioneer must disclose:
A. Their favorite auction items
, B. Any conflict of interest
C. The auctioneer’s personal opinion of the item
D. Previous owners’ names
Full disclosure of conflicts ensures ethical transparency.
8. How long must auction records be retained in Pennsylvania?
A. 1 year
B. 2 years
C. 3 years
D. 5 years
State regulations require maintaining accurate records for three
years.
9. Which entity regulates auctioneers in Pennsylvania?
A. Department of Commerce
B. Department of Real Estate
C. Pennsylvania State Board of Auctioneers
D. Pennsylvania Secretary of Treasury
The State Board of Auctioneers oversees licensure, complaints, and
disciplinary actions.
10. An auctioneer can legally charge which of the following?
A. Flat fee only
B. Commission only
C. Commission, flat fee, or combination
D. Percentage of buyer’s premium only
Auctioneers may negotiate commissions, fees, or both, as long as
disclosed upfront.
11. Which type of auction is specifically recognized by
Pennsylvania law?
Questions And Correct Answers (Verified
Answers) Plus Rationales 2026 Q&A | Instant
Download Pdf
1. Which of the following is required to obtain a Pennsylvania
auctioneer license?
A. Completing a 100-hour auctioneer course
B. Owning an auction business for one year
C. Being a registered real estate agent
D. Passing a federal background check
Completion of a state-approved auctioneer course is mandatory
before applying for licensure.
2. How often must a Pennsylvania auctioneer renew their license?
A. Every year
B. Every three years
C. Every two years
D. Every five years
Pennsylvania auctioneer licenses must be renewed biennially with
continuing education requirements.
3. Which of the following is a prohibited practice for a Pennsylvania
auctioneer?
A. Accepting a commission
B. Advertising upcoming auctions
C. Misrepresenting the value of goods
, D. Using online bidding platforms
Fraudulent misrepresentation of merchandise is explicitly
prohibited by state law.
4. What is the minimum age requirement to become a licensed
auctioneer in Pennsylvania?
A. 18 years
B. 18 years
C. 21 years
D. 25 years
Applicants must be at least 18 years old to apply for a license.
5. Which document must an applicant submit with their auctioneer
license application?
A. Sales tax returns
B. Background check report
C. Proof of home ownership
D. Employment history
A criminal background check is required as part of the licensing
process.
6. Which type of bond must a Pennsylvania auctioneer obtain?
A. Performance bond
B. Insurance bond
C. Surety bond
D. Fidelity bond
A surety bond protects clients and the public against misconduct
by the auctioneer.
7. When conducting an auction, an auctioneer must disclose:
A. Their favorite auction items
, B. Any conflict of interest
C. The auctioneer’s personal opinion of the item
D. Previous owners’ names
Full disclosure of conflicts ensures ethical transparency.
8. How long must auction records be retained in Pennsylvania?
A. 1 year
B. 2 years
C. 3 years
D. 5 years
State regulations require maintaining accurate records for three
years.
9. Which entity regulates auctioneers in Pennsylvania?
A. Department of Commerce
B. Department of Real Estate
C. Pennsylvania State Board of Auctioneers
D. Pennsylvania Secretary of Treasury
The State Board of Auctioneers oversees licensure, complaints, and
disciplinary actions.
10. An auctioneer can legally charge which of the following?
A. Flat fee only
B. Commission only
C. Commission, flat fee, or combination
D. Percentage of buyer’s premium only
Auctioneers may negotiate commissions, fees, or both, as long as
disclosed upfront.
11. Which type of auction is specifically recognized by
Pennsylvania law?
