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Pennsylvania Real Estate Commission RePA_Sales_S Dumps - Obtain Brilliant Result
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Pennsylvania Real Estate Commission RePA_Sales_S Exam Syllabus Topics:| Topic | Details | | Topic 1 | - Licensure: This section of the exam measures skills of Real Estate Brokers and focuses on licensure requirements. It emphasizes qualifications necessary for obtaining a license, the activities that legally require licensure, and the processes for license renewal or reactivation. Additionally, it includes the rules for changing employment as a licensee and outlines specific exemptions from licensure under Pennsylvania law.
| | Topic 2 | - Real Estate Commission: This section of the exam measures skills of Real Estate Salespersons and covers the fundamental duties and powers of the Real Estate Commission. It includes understanding how complaints are handled, how investigations and hearings are conducted, and the processes for appeals. Candidates are also expected to be familiar with the Real Estate Recovery Fund, which provides protection for consumers in certain cases.
| | Topic 3 | - Agency and Disclosure: This section of the exam measures the skills of Real Estate Salespersons and addresses the importance of proper agency and disclosure. It evaluates knowledge of agency disclosures, the duties of licensees, and how different agency relationships function in practice. It also covers compensation rules and the responsibilities that come with working under different types of agency agreements.
| | Topic 4 | - Regulations Governing the Activities of Licensees: This section of the exam measures the skills of Real Estate Brokers and centers on the professional standards and regulations that govern daily practice. It reviews rules regarding advertising, the working relationship between brokers and salespersons, and the proper handling of client funds and accounts. It also highlights prohibited conduct, as well as the conditions that can lead to suspension or revocation of a license.
| | Topic 5 | - Miscellaneous: This section of the exam measures the skills of Real Estate Salespersons and includes several additional knowledge areas important for practice. Candidates are expected to understand property disclosures, the preparation and handling of contracts and forms, and the Pennsylvania Human Relations Act. It also covers the regulations relating to time-shares, as well as leasing and rental practices that are part of everyday real estate transactions.
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Pennsylvania Real Estate Commission PA Salesperson State Exam Sample Questions (Q21-Q26):NEW QUESTION # 21
A listing agreement must contain all of the following EXCEPT:
- A. The broker's compensation.
- B. A description of the services to be provided.
- C. The duration of the listing.
- D. The broker's license number.
Answer: D
NEW QUESTION # 22
A salesperson is representing a buyer who wants to make an offer on a property that is listed by another licensee in her office. Without the listing licensee's knowledge, she becomes aware that the sellers are getting divorced. In what capacity would the salesperson NOT be able to share the information?
- A. Transaction licensee
- B. Dual agent
- C. Sub-agent of the buyer
- D. Designated buyer agent
Answer: B
Explanation:
Under49 Pa. Code § 35.314 (Duties of Dual Agents),a dual agent represents both the buyer and seller in the same transaction and must maintain neutrality by not disclosing confidential information unless required by law.
* If the salesperson has knowledge that the sellers are getting divorced, this is considered confidential information that could harm their negotiating position.
* Dual agents cannot disclose confidential facts that would disadvantage either party unless both parties agree in writing.
* Disclosure of confidential details in a dual agency scenario would be a violation of Pennsylvania real estate law.
Why the other answers are incorrect:
* Option B (Sub-Agent of Buyer):Asub-agent of the buyer has a fiduciary duty to the buyer and may disclose information that benefits them.
* Option C (Transaction Licensee):Atransaction licensee does not represent either party and may disclose non-confidential information.
* Option D (Designated Buyer Agent):Adesignated agent works solely for the buyer and is free to disclose information that benefits them.
Reference:
49 Pa. Code § 35.314- Duties of Dual Agents
NEW QUESTION # 23
A salesperson owns a residence and wishes to sell it without listing it. Under Pennsylvania license law, the salesperson MUST:
- A. list the property with their firm
- B. disclose in all advertising that the owner of the property is a real estate licensee
- C. have an active license
- D. offer a sales commission or fee to cooperating brokers
Answer: B
Explanation:
Under49 Pa. Code § 35.285 (Disclosure of Real Estate Affiliations),a licensee selling their own property MUST disclose that they are a real estate licensee in all advertisements and communications.
* The disclosure must be made in a clear and conspicuous mannerto inform potential buyers that the seller has professional real estate expertise.
* This rule prevents deception and ensures fair dealings in real estate transactions.
Why the other answers are incorrect:
* Option A (List Property with Firm) icenseesare NOT required to list their own propertywith their firm.
* Option C (Offer Commission to Brokers):There isno requirement to offer compensationto other brokers.
* Option D (Have an Active License):A licensee can still sell their own property even if their license is inactive,but they must disclose their license status.
Reference:
49 Pa. Code § 35.285- Disclosure of Real Estate Affiliations
NEW QUESTION # 24
According to the Pennsylvania Landlord-Tenant Act, a tenant must be notified of the final disposition of their security deposit within what time period following the end of the lease?
- A. Immediately upon completion of the landlord's final inspection of the premises
- B. Within 5 days
- C. Within 60 days
- D. Within 30 days
Answer: D
Explanation:
UnderThe Pennsylvania Landlord and Tenant Act of 1951 (68 P.S. § 250.512), a landlord mustreturn the tenant's security deposit or provide a written explanation of any deductions within 30 days of lease termination.
* If the landlord withholds any portion of the deposit, they must provide an itemized list of damages and the amount deducted.
* If the landlord fails to return the deposit or provide an itemized list within 30 days, they forfeit their right to keep any portion of the deposit and may be subject to legal penalties.
* The tenant must provide a forwarding address to receive the deposit or notice.
Why the other answers are incorrect:
* Option A (5 Days):There is no 5-day requirement in Pennsylvania law.
* Option C (60 Days):The landlord is required to act within30 days, not 60 days.
* Option D (Immediately upon inspection):While an inspection may occur, thelaw grants the landlord up to 30 days to finalize deductions and return funds.
NEW QUESTION # 25
What are the permitted relationships between licensees and consumers as defined by the "Consumer Notice" and Pennsylvania regulations?
- A. Buyer agent, seller agent, designated agent, dual agent, and transaction licensee.
- B. Buyer agent, seller agent, designated agent, dual agent, and rental agent.
- C. Buyer agent, seller agent, designated dual agent, and transaction licensee.
- D. Buyer agent, buyer sub-agent, seller agent, seller sub-agent, and dual agent.
Answer: A
Explanation:
Under49 Pa. Code § 35.284 (Disclosures of Business Relationships),the Consumer Notice defines five types of permitted relationships between real estate licensees and consumers:
* Buyer's Agent- Represents the buyer and has a fiduciary duty to them.
* Seller's Agent (Listing Agent)- Represents the seller and has a fiduciary duty to them.
* Designated Agent- A brokerage firm designates different agents to represent buyers and sellers in the same firm without creating dual agency.
* Dual Agent- A licensee represents both the buyer and seller in the same transaction, with mutual consent.
* Transaction Licensee- A real estate licensee who provides services but does not represent either party as an agent.
Why the other answers are incorrect:
* Option A (Rental Agent):"Rental agent" is not a defined relationship in Pennsylvania law.
* Option B (Buyer & Seller Sub-Agent):Sub-agency is no longer common and is not a required disclosure.
* Option D (Designated Dual Agent) ual agency and designated agency are separate concepts.
Reference:
49 Pa. Code § 35.284- Disclosures of Business Relationships
NEW QUESTION # 26
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