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Pennsylvania Real Estate Commission PA Salesperson State Exam Sample Questions (Q14-Q19):

NEW QUESTION # 14
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. Disclose their dual representation, in writing, to both buyer and seller.
• B. Recommend a professional inspection of the property.
• C. Disclose to the listing broker or the seller that they represent the buyer.
• D. Initiate a title search of the property.

Answer: C

Explanation:
Under49 Pa. Code § 35.311 (Duties of Buyer's Agent),a buyer's agent must disclose their relationship to the listing broker or seller before providing substantive services.
* This ensures that all parties understand who represents whom in the transaction.
* Failure to disclose agency relationships could result in ethical violations and penalties from the Pennsylvania Real Estate Commission.
Why the other answers are incorrect:
* Option A (Initiate a Title Search):This is typically done by the buyer's attorney or title company,not the real estate broker.
* Option B (Recommend an Inspection):While good practice,it is not legally required under agency law.
* Option C (Disclose Dual Representation):This is incorrect because the broker is not acting as a dual agent in this case.

NEW QUESTION # 15
When a licensed salesperson changes from one broker to another, the Pennsylvania Real Estate Commission MUST be notified within how many days after the intended date of the change?

• A. 0
• B. 1
• C. 2
• D. 3

Answer: C

Explanation:
Under49 Pa. Code § 35.301 (Changes in Employment Status),a salesperson must notify the Pennsylvania Real Estate Commission within 10 days of switching brokers.
* This ensures that the Commission's records remain up-to-date and that the salesperson is properly licensed under a supervising broker.
* Failure to report the change within 10 days can result in disciplinary action.
Why the other answers are incorrect:
* Option A (5 Days):The regulation clearly states10 days, not 5.
* Option C (15 Days):Thisexceeds the allowed time framefor notification.
* Option D (30 Days):Waiting 30 days is too long and would violate Pennsylvania licensing laws.

NEW QUESTION # 16
In order to renew a real estate license in Pennsylvania, the licensee:

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

Answer: A

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 # 17
Can a licensed real estate broker prepare an appraisal for a new loan on property that the broker has listed for sale?

• A. No, real property appraisals are not within the scope of practice for a real estate broker.
• B. Yes, if the appraisal is done before an offer to purchase is accepted by the seller.
• C. Yes, if the appraisal is identified as a comparative market analysis.
• D. Yes, with proper disclosure to the lender about the broker's qualifications.

Answer: A

Explanation:
UnderThe Pennsylvania Real Estate Appraisers Certification Act (63 P.S. § 457.1-457.19),only a state- certified or licensed appraiser can perform real estate appraisals for loan purposes.
* Real estate brokers and salespersons can perform Comparative Market Analyses (CMAs) but cannot legally perform an appraisal for a lender.
* This restriction ensures that appraisals used for lending purposes meet state and federal standards.
Why the other answers are incorrect:
* Option A (CMAs as Appraisals):CMAs arenotappraisals.
* Option B (Before Offer Accepted):Thetiming of the appraisal does not change licensing requirements.
* Option C (Disclosure to Lender):Even with disclosure,brokers are not permitted to conduct appraisals for loans.

NEW QUESTION # 18
A real estate licensee may be disciplined by the Pennsylvania Real Estate Commission for which of the following reasons?

• A. Any felony conviction
• B. Inability to obtain automobile liability insurance
• C. Habitual intoxication or drug addiction
• D. Nonpayment of Federal income taxes

Answer: C

Explanation:
Under49 Pa. Code § 35.291(Reporting of Crimes and Disciplinary Actions), a real estate licensee may face disciplinary action for engaging inunethical conduct, fraud, or incompetence. One of the reasons listed is habitual intoxication or drug addiction, as thisimpairsthe licensee's ability toproperly conduct real estate activities.
* A felony conviction (Option D - Incorrect) does not automatically result in disciplinebut is reviewed by the Commission.
* Failure to pay taxes (Option C - Incorrect) is a federal issue, not a licensing violation.
* Car insurance (Option A - Incorrect) is unrelated to a real estate license.

NEW QUESTION # 19
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