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Exam RePA_Sales_S Experience | RePA_Sales_S Valid Dumps Files

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Pennsylvania Real Estate Commission PA Salesperson State Exam Sample Questions (Q25-Q30):

NEW QUESTION # 25
According to Pennsylvania license law, the buyer has the right to cancel purchase of which of the following?

A. Timeshare
B. Apartment with outstanding mortgage
C. House owned by the salesperson
D. Office space

Answer: A

NEW QUESTION # 26
An owner sells a house through a salesperson who works as an independent contractor for a broker. Before the closing, the owner fires the broker. However, the owner agrees to pay the salesperson a $1,000 fee for services. Which of the following is TRUE?

A. The owner can cancel any part of the sales contract at any time.
B. The salesperson may only accept the $1,000 with the broker's consent.
C. The salesperson may legally accept the $1,000.
D. The salesperson cannot legally accept the $1,000.

Answer: D

Explanation:
According to49 Pa. Code § 35.283(Compensation and Commission), asalesperson may not accept compensation from anyone other than their employing broker.
* A salesperson cannot accept direct payments from an owner or buyer (Option A - Correct).
* The owner cannot cancel the sales contract unilaterally (Option B - Incorrect).
* The salesperson may only be compensated through the broker, even if the owner agrees to direct payment (Option C & D - Incorrect).
Reference:
49 Pa. Code § 35.283- Compensation and Commission

NEW QUESTION # 27
What MUST a licensee do before she can advertise, show, or offer a property?

A. Prepare a preliminary appraisal of the property.
B. Prepare a comparative market analysis for the property.
C. Obtain authorization from the owner of the property.
D. Provide a list of clients for whom she has successfully completed real estate transactions in the area.

Answer: C

Explanation:
Before advertising, showing, or offering any property, areal estate licensee must obtain written authorization from the property owner. This is a legal requirement to ensure that the licensee has the right to represent the property.
* 49 Pa. Code § 35.331 (Written Agreements Generally)states that a real estate licenseemusthave a written agreement with the property ownerbefore performing any real estate services, including advertising and showing the property.
* 49 Pa. Code § 35.332 (Exclusive Listing Agreements)further clarifies that exclusive agreementsmust be in writingand signed by both the owner and broker.
* Without the owner's written consent, a licensee could be subject to penalties or disciplinary action from the Pennsylvania Real Estate Commission.
Why the other answers are incorrect:
* Option A (Preliminary Appraisal):Licensees are not required to conduct appraisals unless they are certified appraisers.
* Option C (List of Clients):There is no requirement to provide a history of past transactions before listing or advertising a property.
* Option D (Comparative Market Analysis - CMA):A CMA is useful for pricing but isnot required before advertising or showing a property.

NEW QUESTION # 28
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. Sub-agent of the buyer
C. Dual agent
D. Designated buyer agent

Answer: C

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 # 29
Which of the following is a REQUIRED general duty of a licensee?

A. Conduct an independent inspection of the property.
B. Provide assistance with document preparation.
C. Accept liability and responsibility for acts of the consumer.
D. Independently verify the accuracy of any representation on a property condition disclosure statement.

Answer: D

Explanation:
Under68 Pa. C.S. §§ 7301-7314 (Real Estate Seller Disclosure Law),a licensee has a duty to ensure that the property condition disclosure statement is complete and accurate as provided by the seller.
* While the licensee does not conduct a formal property inspection, they must not ignore material defects that are apparent or known to them.
* If a licensee knows of an issue that contradicts the seller's disclosure, they must disclose this to the buyer to prevent misrepresentation.
* This protects consumers from fraudulent or misleading property conditions.
Why the other answers are incorrect:
* Option A (Independent Inspection):A licensee is not a home inspectorand is not required to perform a physical inspection.
* Option C (Accept Consumer Liability):A licenseeis not responsible for actions taken by a buyer or seller.
* Option D (Document Preparation Assistance):A licenseecan help explain documents but cannot prepare legal contracts without an attorney.
Reference:
68 Pa. C.S. §§ 7301-7314- Real Estate Seller Disclosure Law

NEW QUESTION # 30
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