Title: Pass Guaranteed Quiz Pennsylvania Real Estate Commission - Authoritative Certifi [Print This Page] Author: emmaben704 Time: 2/7/2026 17:11 Title: Pass Guaranteed Quiz Pennsylvania Real Estate Commission - Authoritative Certifi 2026 Latest SureTorrent RePA_Sales_S PDF Dumps and RePA_Sales_S Exam Engine Free Share: https://drive.google.com/open?id=1pOyUztlOqjnP8_FDcOJOIP_tVafpZ1nR
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If a licensee advertises prizes as part of a promotion for the sale of real estate, which of the following must be disclosed in the advertisement?
A. How many others have won similar prizes.
B. The names of any stores that will exchange the prize.
C. The fair market value of the prize.
D. Where the prize was manufactured.
Answer: C
Explanation:
Under49 Pa. Code ¡́ 35.305 (Business Name on Advertisements), a real estate licensee must disclose the fair market value of any prizes, gifts, or incentives offered as part of a sales promotion.
* This ensures transparency and prevents misleading advertisements that might influence a consumer's decision based on exaggerated prize values.
* Failure to disclose the fair market value could result in penalties or disciplinary action from the Pennsylvania Real Estate Commission.
Why the other answers are incorrect:
* Option B (Where the Prize Was Manufactured):There is no requirement to disclose where a prize was made.
* Option C (How Many Others Have Won):The law does not require disclosure of the number of previous winners.
* Option D (Names of Stores for Exchange):There is no requirement to provide names of stores that would honor or exchange the prize.
NEW QUESTION # 44
In order to work as a property manager for compensation, an individual must:
A. Complete at least one course in property management every two years.
B. Hold a real estate license and, if not a broker, be supervised by a broker.
C. Pass a separate examination in principles of property management.
D. Complete a certification for property management.
Answer: B
Explanation:
Under49 Pa. Code ¡́ 35.201 (Definitions), property management activities that include leasing, collecting rent, and negotiating lease terms require a real estate license unless the individual is directly employed by the property owner.
* If a property manager is conducting leasing or rental activities for multiple property owners, they must be licensed and supervised by a broker.
* The law ensures that individuals managing properties for others operate under proper ethical and legal guidelines.
Why the other answers are incorrect:
* Option A (Certification for Property Management):No separate property management certification is required under Pennsylvania law.
* Option B (Separate Exam for Property Management):A separate exam for property management is not required.
* Option C (Ongoing Property Management Courses):Continuing education is required for license renewal, but specific property management courses are not mandatory.
Reference:
49 Pa. Code ¡́ 35.201- Definitions
NEW QUESTION # 45
If a licensee advertises prizes as part of a promotion for the sale of real estate, which of the following must be disclosed in the advertisement?
A. How many others have won similar prizes.
B. The names of any stores that will exchange the prize.
C. The fair market value of the prize.
D. Where the prize was manufactured.
Answer: C
Explanation:
Under49 Pa. Code ¡́ 35.305 (Business Name on Advertisements), a real estate licensee must disclose the fair market value of any prizes, gifts, or incentives offered as part of a sales promotion.
* This ensures transparency and prevents misleading advertisements that might influence a consumer's decision based on exaggerated prize values.
* Failure to disclose the fair market value could result in penalties or disciplinary action from the Pennsylvania Real Estate Commission.
Why the other answers are incorrect:
* Option B (Where the Prize Was Manufactured):There is no requirement to disclose where a prize was made.
* Option C (How Many Others Have Won):The law does not require disclosure of the number of previous winners.
* Option D (Names of Stores for Exchange):There is no requirement to provide names of stores that would honor or exchange the prize.
Reference:
49 Pa. Code ¡́ 35.305- Business Name on Advertisements
NEW QUESTION # 46
Licensing law in the Commonwealth of Pennsylvania requires that a real estate salesperson be supervised by a licensed real estate broker or a broker-assigned:
A. Transaction coordinator.
B. Associate broker.
C. Team leader.
D. Salesperson.
Answer: B
Explanation:
Under49 Pa. Code ¡́ 35.241 (Supervision and Operation of Offices),a licensed real estate salesperson must be supervised by a broker or an associate broker designated by the broker.
* A broker may assign an associate broker (who has passed the broker exam but does not own the brokerage) to oversee salespersons.
* Salespersons cannot work independently; they must work under the direction of a licensed broker or an assigned associate broker.
Why the other answers are incorrect:
* Option A (Team Leader):A team leader is not a formal supervisory position under Pennsylvania law unless they are an associate broker or broker.
* Option B (Salesperson):A salesperson cannot supervise other salespersons.
* Option D (Transaction Coordinator):A transaction coordinator handles paperwork but does not supervise licensees.
Reference:
49 Pa. Code ¡́ 35.241- Supervision and Operation of Offices
NEW QUESTION # 47
An exclusive listing MUST be in writing and it MUST:
A. specify the duration of the listing
B. contain provisions regarding acceptable financing arrangements
C. contain a provision allowing the owner to cancel all exclusive features within 24 hours' notice
D. be signed by the cooperating broker
Answer: A
Explanation:
Allexclusive listing agreements in Pennsylvania MUST specify their duration in writing.
* 49 Pa. Code ¡́ 35.332 (Exclusive Listing Agreements)states thatall exclusive listings must have a definite start and end date.
* Listings without an expiration date are considered illegaland unenforceable in Pennsylvania.
Why the other answers are incorrect:
* Option A (Cancellation in 24 Hours):There is no legal requirement for a 24-hour cancellation clause.
* Option B (Financing Arrangements):Financing provisionsare not a required part of a listing agreement.
* Option C (Signed by Cooperating Broker):A cooperating broker's signatureis not required. Only the listing broker and seller need to sign the agreement.
NEW QUESTION # 48
......
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