1
PA Real Estate Exam Questions and
Answers (100% Correct Answers)
Already Graded A+
Quincy is a Pennsylvania broker acting as a
transaction licensee. Which of these, if
performed, would violate duties Quincy owes in
the transaction licensee capacity? Ans:
© 2025 Assignment
Disclosing that the seller would accept an offer
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below list price
Expert
A/an ______ is the person responsible for
supervising associate brokers and/or
salespersons in Pennsylvania. Ans: Broker of
record
What are Pennsylvania brokers required to place
outside of their licensed place of business? Ans:
A sign showing the licensed brokerage name
Which of the following situations would MOST
LIKELY be grounds for suspension or revocation
of a real estate license in Pennsylvania? Ans:
Failure to disclose personal interest in a
property
What happens to you if you are involved in a
case and cannot pay the judgment amount, and
, 2
the consumer is awarded money from
Pennsylvania's Real Estate Recovery Fund? Ans:
You will be suspended and cannot be reinstated
until you pay back the fund at 10% interest.
How many brokers can you be affiliated with as
a Pennsylvania licensee? Ans: One
Which Pennsylvania licensee owns or manages a
© 2025 Assignment
business that collects rental information in order
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to refer tenants to rental units? Ans: Rental
listing referral agent
Expert
A/an ______ is a person or entity who owns or
manages a business that collects rental
information for the purpose of referring
prospective tenants. Ans: Rental listing referral
agent
Which organization specifies in their Rules and
Regulations the standards of conduct that each
Pennsylvania licensee must follow? Ans: State
Real Estate Commission
When does your real estate license expire in
Pennsylvania? Ans: May 31 of every even
numbered year
, 3
Mackenzie is a real estate licensee in
Pennsylvania. She accepted a listing on the
seller's condition that she not show the property
to any families with teenagers, even though she
doesn't intend to follow through with the
condition. Did Mackenzie do anything wrong?
Ans: Yes, it's a violation to accept
discriminatory listings.
© 2025 Assignment
Jim and Tammy own a family farm in
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Pennsylvania. They have decided to retire to
Florida. Ten years ago, water testing revealed
Expert
that the well was contaminated from agricultural
runoff and pesticides. Now that they are ready to
sell the farm, what should they do? Ans:
Identify the past issues and what, if any action
they took
Gunther is a new licensee in Pennsylvania, but
he's moving to a different area of the state and
wants to affiliate with a different broker. What
must he do to make this happen? Ans: Notify
the commission within 10 days after the change,
pay a fee, and return his license to the
commission.
Ryan is a newly licensed salesperson in
Pennsylvania who's landed his first listing.
Which of the following actions should he take
PA Real Estate Exam Questions and
Answers (100% Correct Answers)
Already Graded A+
Quincy is a Pennsylvania broker acting as a
transaction licensee. Which of these, if
performed, would violate duties Quincy owes in
the transaction licensee capacity? Ans:
© 2025 Assignment
Disclosing that the seller would accept an offer
Guru01 - Stuvia
below list price
Expert
A/an ______ is the person responsible for
supervising associate brokers and/or
salespersons in Pennsylvania. Ans: Broker of
record
What are Pennsylvania brokers required to place
outside of their licensed place of business? Ans:
A sign showing the licensed brokerage name
Which of the following situations would MOST
LIKELY be grounds for suspension or revocation
of a real estate license in Pennsylvania? Ans:
Failure to disclose personal interest in a
property
What happens to you if you are involved in a
case and cannot pay the judgment amount, and
, 2
the consumer is awarded money from
Pennsylvania's Real Estate Recovery Fund? Ans:
You will be suspended and cannot be reinstated
until you pay back the fund at 10% interest.
How many brokers can you be affiliated with as
a Pennsylvania licensee? Ans: One
Which Pennsylvania licensee owns or manages a
© 2025 Assignment
business that collects rental information in order
Guru01 - Stuvia
to refer tenants to rental units? Ans: Rental
listing referral agent
Expert
A/an ______ is a person or entity who owns or
manages a business that collects rental
information for the purpose of referring
prospective tenants. Ans: Rental listing referral
agent
Which organization specifies in their Rules and
Regulations the standards of conduct that each
Pennsylvania licensee must follow? Ans: State
Real Estate Commission
When does your real estate license expire in
Pennsylvania? Ans: May 31 of every even
numbered year
, 3
Mackenzie is a real estate licensee in
Pennsylvania. She accepted a listing on the
seller's condition that she not show the property
to any families with teenagers, even though she
doesn't intend to follow through with the
condition. Did Mackenzie do anything wrong?
Ans: Yes, it's a violation to accept
discriminatory listings.
© 2025 Assignment
Jim and Tammy own a family farm in
Guru01 - Stuvia
Pennsylvania. They have decided to retire to
Florida. Ten years ago, water testing revealed
Expert
that the well was contaminated from agricultural
runoff and pesticides. Now that they are ready to
sell the farm, what should they do? Ans:
Identify the past issues and what, if any action
they took
Gunther is a new licensee in Pennsylvania, but
he's moving to a different area of the state and
wants to affiliate with a different broker. What
must he do to make this happen? Ans: Notify
the commission within 10 days after the change,
pay a fee, and return his license to the
commission.
Ryan is a newly licensed salesperson in
Pennsylvania who's landed his first listing.
Which of the following actions should he take
