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[General] Latest RePA_Sales_S Practice Materials, RePA_Sales_S Certification Exam Infor

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【General】 Latest RePA_Sales_S Practice Materials, RePA_Sales_S Certification Exam Infor

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Are you tired of feeling overwhelmed and unsure about how to prepare for the PA Salesperson State Exam (RePA_Sales_S) exam? Are you ready to take control of your future and get the RePA_Sales_S certification you need to accelerate your career? If so, it's time to visit UpdateDumps and download real Pennsylvania Real Estate Commission RePA_Sales_S Exam Dumps. Our team of experts has designed a RePA_Sales_S Exam study material that has already helped thousands of students just like you achieve their goals. We offer a comprehensive RePA_Sales_S practice exam material that is according to the content of the Pennsylvania Real Estate Commission RePA_Sales_S test.
Pennsylvania Real Estate Commission RePA_Sales_S Exam Syllabus Topics:
TopicDetails
Topic 1
  • 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.
Topic 2
  • 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 3
  • 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 4
  • 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 5
  • 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.

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Pennsylvania Real Estate Commission PA Salesperson State Exam Sample Questions (Q38-Q43):NEW QUESTION # 38
What MAXIMUM length of time may a salesperson's real estate license be inactive before reactivation ceases to be possible without retaking and passing the licensing examination?
  • A. 4 years
  • B. 3 years
  • C. 2 years
  • D. 5 years
Answer: D
Explanation:
If a real estate license is inactive formore than 5 years, the licenseemust retake and pass the licensing exam to reinstate their license.
* 49 Pa. Code § 35.251 (Relicensure Following Revocation or Inactive Status)states that alicensee who has been inactive for over 5 years must complete all initial licensing requirements again, including the exam.
* A licensee can keep their license in inactive status indefinitely, but after 5 years, it requires reexamination.
Why the other answers are incorrect:
* Option A (2 Years) & Option B (3 Years)icenseesmay reactivate their license within this period without retaking the exam.
* Option C (4 Years):Thelimit is 5 years, not 4.

NEW QUESTION # 39
A salesperson who operates as an independent contractor for a broker is seldom in the office. Earnest money deposits received by this salesperson:
  • A. May be held by the salesperson for 3 business days.
  • B. Should be returned to the buyer to transmit to the broker.
  • C. Should be transmitted promptly after receipt to the broker.
  • D. May be kept temporarily in an escrow account opened by the salesperson.
Answer: C
Explanation:
Under49 Pa. Code § 35.324 (Handling of Deposits and Escrow Money), all earnest money deposits must be promptly transmitted to the employing broker for deposit into an escrow account.
* A salesperson cannot hold earnest money or maintain an escrow account on their own.
* Brokers are responsible for ensuring that all escrow funds are properly handled and protected from commingling.
Why the other answers are incorrect:
* Option A (Salesperson Holding Escrow Funds):Salespersons are prohibited from maintaining independent escrow accounts.
* Option C (Holding Funds for 3 Days):Earnest money must be turned over to the broker as soon as possible; salespersons cannot hold it for any period.
* Option D (Returning to Buyer for Transmission):Earnest money must go directly to the broker, not back to the buyer.
Reference:
49 Pa. Code § 35.324- Handling of Deposits and Escrow Money

NEW QUESTION # 40
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. Sub-agent of the buyer
  • B. Dual agent
  • C. Designated buyer agent
  • D. Transaction licensee
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.

NEW QUESTION # 41
If a salesperson representing a buyer gets information from the seller's agent as to the status of the real estate transaction, what is the buyer's agent REQUIRED to do?
  • A. Advise the seller as to the status of the transaction.
  • B. Advise the loan officer as to the status of the transaction.
  • C. Advise the buyer as to the status of the transaction.
  • D. Advise the listing broker as to the status of the transaction.
Answer: C
Explanation:
Under49 Pa. Code § 35.284(Disclosures of Business Relationships), abuyer's agenthas afiduciary dutyto their client. This means the agent mustact in the buyer's best interestandcommunicate all material informationregarding the transactionto the buyer.
* The buyer's agent's primary responsibility is to the buyer (Option B - Correct).
* The buyer's agent does not have any fiduciary duty to the seller (Option A - Incorrect).
* The buyer's agent is not required to inform the listing broker (Option C - Incorrect).
* The loan officer does not have the same level of involvement in fiduciary duties as the buyer (Option D - Incorrect).
Reference:
49 Pa. Code § 35.284- Disclosure of Business Relationships

NEW QUESTION # 42
When representing a seller, which of the following is a TRUE statement regarding the duties a licensee owes to the principal?
  • A. A licensee is required to keep confidential the price the seller would accept if lower than the list price.
  • B. A licensee's obligation of confidentiality ends at the conclusion of the listing contract.
  • C. A licensee is obligated to disclose to a consumer the minimum commission split between the licensee and the broker.
  • D. A licensee is not obligated to disclose the existence of another offer during negotiations on a purchase contract.
Answer: A
Explanation:
Alicensee has a fiduciary duty to keep the seller's pricing strategy confidential.
* 49 Pa. Code § 35.292 (Duties of Licensees Generally)states thata licensee must maintain confidentiality of information that could harm their client's negotiating position, including the minimum price the seller would accept.
* Confidentiality extends beyond the duration of the listing agreementunless the seller gives explicit permission to disclose information.
Why the other answers are incorrect:
* Option A (Confidentiality Ends After Listing):Confidentiality continueseven after the contract ends
.
* Option B (Not Disclosing Another Offer):In multiple-offer situations, disclosure may be required based on seller instructions.
* Option D (Commission Disclosure):The broker's commission arrangement isnot requiredto be disclosed to the public.
Reference:
49 Pa. Code § 35.292- Duties of Licensees Generally

NEW QUESTION # 43
......
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