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Pennsylvania Real Estate Commission PA Salesperson State Exam Sample Questions (Q13-Q18):

NEW QUESTION # 13
In order to renew a real estate license in Pennsylvania, the licensee:

A. may take any combination of approved CE courses adding up to 14 hours of classroom instruction.
B. may include excess hours carried over from the previous licensing period to reach the total CE hours required for the current license term.
C. must take 14 hours of CE courses specifically mandated by the Real Estate Commission.
D. must include in the required hours of CE any course mandated by the Real Estate Commission within the current licensing period.

Answer: D

Explanation:
In Pennsylvania, a real estate licenseemust complete 14 hours of continuing education (CE) coursesduring each renewal period. Additionally,if the Pennsylvania Real Estate Commission mandates a specific CE course during the licensing cycle, licensees are required to take that course.
* 49 Pa. Code § 35.382 (Continuing Education Requirements)states that alicensee must complete the specific courses required by the Commission for each licensing cycle.
* Some renewal periods require specific courses, such as ethics or law updates, to ensure that licensees remain compliant with changing regulations.
Why the other answers are incorrect:
* Option A (14 Hours Specifically Mandated):Whilesomecourses may be mandatory, licensees can choose others from anapproved list.
* Option B (Any Combination of 14 Hours):Somespecific courses are required, meaning licensees cannot just pick any course.
* Option D (Carrying Over CE Hours):Continuing education hours do not carry overfrom one licensing period to another.

NEW QUESTION # 14
Interest earned on an escrow account is:

A. Equally divided between the buyer and seller.
B. Equally divided between the listing and selling brokers.
C. Payable subject to an agreement between the parties.
D. Payable to the broker holding the deposit.

Answer: C

Explanation:
Under49 Pa. Code § 35.326 (Escrow Accounts and Interest),interest earned on escrow accounts belongs to the party or parties as determined by the terms of the contract or agreement.
* A broker cannot personally benefit from interest earned on escrow funds unless the contract explicitly allows it.
* The purchase agreement must specify how the interest is handled, whether it is payable to the buyer, seller, or split between parties.
Why the other answers are incorrect:
* Option A (Payable to the Broker):A broker cannot keep interest from an escrow account unless agreed upon in writing.
* Option B (Equally Divided Between Buyer and Seller):Interest division is not automatic; it must be outlined in the contract.
* Option C (Equally Divided Between Brokers):Brokers do not have rights to escrow interest unless explicitly agreed upon.

NEW QUESTION # 15
A person is employed by a real estate owner to manage a multifamily residential property. Which of the following activities is the person permitted to perform without a real estate license?

A. Enter into leases on behalf of the owner.
B. Provide information on rental amounts and building rules and regulations.
C. Negotiate terms and conditions of occupancy.
D. Hold money belonging to tenants other than on behalf of the owner.

Answer: B

Explanation:
Under49 Pa. Code § 35.201 (Definitions), an unlicensed individual who is directly employed by a property owner can perform certain tasks, such as providing rental information and enforcing building rules, but they cannot engage in leasing or negotiation activities.
* Providing information on rental amounts and building rules is considered administrative and does not require a real estate license.
* However, negotiating leases, collecting rents on behalf of third parties, or holding security deposits in a non-owner-controlled account would require a real estate license.
Why the other answers are incorrect:
* Option B (Entering into Leases):Only a licensed real estate broker or a supervised salesperson can legally execute lease agreements on behalf of a landlord.
* Option C (Negotiating Terms):Negotiating lease terms is an activity that requires a real estate license.
* Option D (Holding Tenant Funds Independently):Handling tenant funds outside of the owner's direct control is a brokerage activity and requires a real estate license.

NEW QUESTION # 16
According to the Pennsylvania Real Estate Commission, which one of the following actions by a licensee is prohibited conduct?

A. Taking a listing that has a duration of only 2 months
B. Negotiating a commission that seriously undercuts those of other brokerage firms
C. Failure to engage legal counsel to respond to a Commission request for information stemming from a complaint about the licensee
D. Failure to disclose the licensee's use of a third party to acquire property listed by the licensee's office

Answer: D

Explanation:
A real estate licensee in Pennsylvania isprohibited from failing to disclose any personal interestin a transaction. This includesusing a third party to purchase property listed by the licensee's own office.
* 49 Pa. Code § 35.283 (Disclosure of Interest)requires that alicensee must disclose any financial interest they have in a transaction.
* If a licensee arranges for a third party (such as a relative or business associate) to purchase a property without disclosure, this is considered a serious ethical violation.
Why the other answers are incorrect:
* Option A (Short Listing Duration):Listingsdo not have a minimum required time period, so a2- month duration is permissible.
* Option B (Undercutting Commission):Commission feesare negotiable, and the Real Estate Commission does not set a minimum fee.
* Option D (Legal Counsel Not Required):Licenseesare not required to hire legal counselto respond to Commission complaints, but they must respond honestly and fully.

NEW QUESTION # 17
A real estate ad in a newspaper placed by a salesperson MUST include the:

A. Name of the principal.
B. Legal description of the property.
C. Employing broker's name and phone number.
D. Municipality in which the property is located.

Answer: C

Explanation:
Under49 Pa. Code § 35.305 (Business Name on Advertisements),any advertisement placed by a real estate salesperson must include the name and phone number of their employing broker.
* This ensures that the public knows which brokerage is responsible for the property listing and avoids misleading or unverified advertisements.
* A salesperson cannot advertise properties without clearly identifying their broker to ensure compliance with advertising regulations.
Why the other answers are incorrect:
* Option A (Municipality):While useful,this is not required in every ad.
* Option B (Legal Description):A legal property descriptionis not requiredfor advertisements.
* Option D (Name of the Principal):The seller's name does not need to be included in advertisements.

NEW QUESTION # 18
......

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