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Pennsylvania Real Estate Commission PA Salesperson State Sample Questions:

1. The Real Estate Commission does NOT have the power to:

A) Review escrow accounts.
B) Certify residential appraisers.
C) Suspend or revoke real estate licenses.
D) Impose fines.

2. The Commission, after obtaining the facts of a verified complaint against a licensee, holding a hearing, and finding that licensee guilty, may:

A) Make the licensee take up to 20 hours of ethics training.
B) Levy a fine of $2,000 - $5,000 if this is the licensee's first offense.
C) Imprison a licensee for no more than 90 days.
D) Suspend or revoke a license and/or levy a fine of $1,000 or less.

3. The Pennsylvania Real Estate Commission has received a written complaint that a licensee is engaging in an activity prohibited by the Real Estate Licensing and Registration Act. What action is the Commission empowered to take?

A) Serve the licensee with a cease and desist order.
B) Ascertain the facts and, if warranted, hold a hearing.
C) Transfer the matter to civil authorities in the county in which the alleged activity occurred.
D) Suspend the licensee's license for a period not to exceed 6 months.

4. A broker has been hired by a buyer to find an investment property. Upon locating a suitable property listed by another firm, the broker MUST:

A) Initiate a title search of the property.
B) Disclose their dual representation, in writing, to both buyer and seller.
C) Disclose to the listing broker or the seller that they represent the buyer.
D) Recommend a professional inspection of the property.

5. Why is the following advertisement placed by a salesperson employed by ABC Realty, in violation of Pennsylvania Rules?
"Harrisburg $200,000 SUPER BUY Cozy 3br, 2 1/2 bath Cottage, near bus. For info call 555-9234 (home) or
675-6330 (office). Ask for JOHN DOE."

A) The salesperson's name appears in the ad.
B) The broker's name does not appear in the ad.
C) The MLS number is not included in the ad.
D) No address is given.

Solutions: