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PSI PA State Real Estate Practice Exam with All Correct Answers 2026 Updated.

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Requires the seller to provide notice to a purchaser about whether a structure on the land is entitled to support from the underlying coal. - Answer Coal Notice Three conditions that must be met for a mobile home to be considered real estate - Answer 1. Mobile home is transferred in conjunction with and as a part of an assignment of a land lease or the transfer of an interest in land on which the mobile home is situated; or 2. Mobile home is permanently attached to a foundation, and 3. Registration of the mobile home is canceled by the owner with the Pennsylvania Bureau of Motor Vehicles The governing body of a municipality is responsible for enacting the comprehensive plan, zoning, and subdivision ordinances in accordance with procedures in the Pennsylvania Municipalities Planning Code. They may appoint a planning commission to be responsible for formulating the recommended plans and ordinances. Public hearings must be held prior to their enactment by the governing body. - Answer Zoning Charges permitted by the Pennsylvania Municipalities Planning Code to help defray the cost of streets to keep up with development - Answer Impact Fees Went into effect in July 2004, as prescribed by the Pennsylvania Construction Code Act that was passed in 1999. *In addition to satisfying the purpose of construction codes, the act encourages the use of state-of-the-art construction methods and systems and eliminates existing codes that are obsolete, overly restrictive, or conflicting. - Answer Uniform Construction Code (UCC) Oversee's PA's environmental laws - Answer Department of Environmental Protection Passed by the Department of Environmental Protection *Gives notice to prospective buyers that if a property is not serviced by a public sewage system and no community sewage system is available, a permit for an individual system must be obtained - Answer Pennsylvania Sewage Facilities Act in 1994 Provides for the rehabilitation or recycling of brownfields by providing a mechanism to enforce hazard mitigation controls and ease concerns about the future liability associated with contaminated properties - Answer Uniform Environmental Covenants Act (UEAC), which took effect in February 2008

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Subido en
9 de enero de 2026
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Escrito en
2025/2026
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Examen
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PSI PA State Real Estate Practice
Exam with All Correct Answers 2026
Updated.
Requires the seller to provide notice to a purchaser about whether a structure on the land is
entitled to support from the underlying coal. - Answer Coal Notice



Three conditions that must be met for a mobile home to be considered real estate - Answer
1. Mobile home is transferred in conjunction with and as a part of an assignment of a land lease
or the transfer of an interest in land on which the mobile home is situated; or

2. Mobile home is permanently attached to a foundation, and

3. Registration of the mobile home is canceled by the owner with the Pennsylvania Bureau of
Motor Vehicles



The governing body of a municipality is responsible for enacting the comprehensive plan,
zoning, and subdivision ordinances in accordance with procedures in the Pennsylvania
Municipalities Planning Code. They may appoint a planning commission to be responsible for
formulating the recommended plans and ordinances. Public hearings must be held prior to their
enactment by the governing body. - Answer Zoning



Charges permitted by the Pennsylvania Municipalities Planning Code to help defray the cost of
streets to keep up with development - Answer Impact Fees



Went into effect in July 2004, as prescribed by the Pennsylvania Construction Code Act that was
passed in 1999. *In addition to satisfying the purpose of construction codes, the act encourages
the use of state-of-the-art construction methods and systems and eliminates existing codes that
are obsolete, overly restrictive, or conflicting. - Answer Uniform Construction Code (UCC)



Oversee's PA's environmental laws - Answer Department of Environmental Protection



Passed by the Department of Environmental Protection *Gives notice to prospective buyers that
if a property is not serviced by a public sewage system and no community sewage system is
available, a permit for an individual system must be obtained - Answer Pennsylvania Sewage
Facilities Act in 1994



Provides for the rehabilitation or recycling of brownfields by providing a mechanism to enforce
hazard mitigation controls and ease concerns about the future liability associated with
contaminated properties - Answer Uniform Environmental Covenants Act (UEAC), which took
effect in February 2008

, Burdensome disclosure requirements are readily satisfied -Mitigation controls can be enforced
regardless of ownership - Answer Benefits of the UEAC



True or False Pennsylvania, has abolished the common law concepts of dower and curtesy. -
Answer True



Created when the person claiming the easement has made use of another's land for 21 years in
PA. The claimant's use must have been continuous, exclusive, and without the owner's approval.
Through the principle of tacking (discussed in Unit 5), successive periods of adverse possession
by different adverse possessors can be combined so that a person who is not in possession for
the entire statutory time may establish a claim.The use must be visible, open, and notorious,
that is, the owner must have been able to learn of it. The claimant is entitled to assert a right to
use the property and cannot claim ownership. Prescriptive easements cannot usually be
acquired on public land. - Answer Easement by Prescription



The Pennsylvania Landlord/Tenant Act also specifies the time period that is required for notice
in a variety of circumstances - Answer Normally, one week's notice is required to terminate
an estate from week to week; one month's notice is required to terminate an estate from
month to month; and three months' notice is required to terminate an estate from year to year.



True or False The statute of frauds in Pennsylvania requires contracts for more than two years
duration to be in writing. - Answer False, contracts for more than three years duration are
required to be in writing. However a written agreement can be used for any period of time.



In Pennsylvania, the law requires payment of transfer taxes on leases that run for more than a
total of ____ years. - Answer 30



Limits on Security Deposits - Answer 1st Year-the maximum amount of the security deposit
cannot exceed a sum equivalent to two months' rent 2nd Year-the amount drops to a sum
equivalent to one month's rent During years 2-5-the landlord may increase the amount of
security deposit, following the same monthly equivalency formula, to keep pace with increasing
rents After 5 years- the landlord cannot increase the amount of security deposit.



Pennsylvania law permits a landlord to purchase a guarantee, or surety, bond to guarantee the
return of a security deposit to the tenant. The landlord may exercise this option in lieu of
escrowing a security deposit in a financial institution. The landlord must return the amount of
the bond (including any interest) less the cost of any necessary repairs to the tenant at the end
of the lease term. - Answer Bond in lieu of escrowing



Tenants in certain situations must be given an explanation of rights informing them of the
consequence of confession of judgment when they sign a lease that contains this clause. -
Answer Confession of Judgement
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