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Pennsylvania Real Estate Commission PA Salesperson State Exam Sample Questions (Q17-Q22):

NEW QUESTION # 17
A salesperson has just obtained the seller's signature on an offer to purchase. When MUST the buyer receive a copy?

A. At the closing
B. Within 24 hours of the offer's acceptance
C. Within 1 business day of the offer's acceptance
D. In a reasonably practicable period of time

Answer: C

Explanation:
Under49 Pa. Code § 35.331 (Written Agreements Generally),all parties must receive a copy of a signed offer within 1 business day of acceptance.
* This ensures that buyers and sellers have full documentation of the transaction.
* Delaying delivery of signed contracts can lead to disputes and potential violations of real estate regulations.
Why the other answers are incorrect:
* Option A (24 Hours):While fast delivery is preferred, thelaw specifically states "1 business day."
* Option C (At Closing):Buyers must receive a copywell before closing.
* Option D (Reasonably Practicable Time):This istoo vagueand does not meet thespecific 1-business- day requirement.

NEW QUESTION # 18
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 salesperson may only accept the $1,000 with the broker's consent.
B. The salesperson may legally accept the $1,000.
C. The salesperson cannot legally accept the $1,000.
D. The owner can cancel any part of the sales contract at any time.

Answer: C

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).

NEW QUESTION # 19
What is the MINIMUM number of hours of continuing education which a real estate licensee MUST complete within the license renewal period?

A. 0
B. 1
C. 2
D. 3

Answer: D

Explanation:
Under49 Pa. Code § 35.382 (Continuing Education Requirements),a Pennsylvania real estate licensee must complete at least 14 hours of continuing education (CE) during each two-year renewal cycle.
* These courses must be taken through an approved real estate education provider.
* Certain renewal periods may have specific course requirements mandated by the Commission.
Why the other answers are incorrect:
* Option A (10 Hours):Too low; Pennsylvania law requires 14 hours.
* Option B (12 Hours):Falls short of the required minimum.
* Option D (16 Hours):Exceeds the required minimum.

NEW QUESTION # 20
Which entities are authorized to investigate charges against real estate licensees concerning illegal discrimination in the sale or rental of housing?

A. The Pennsylvania State Legislature and the Pennsylvania Real Estate Commission
B. The Pennsylvania Real Estate Commission and the Better Business Bureau
C. The Pennsylvania Human Relations Commission and the Pennsylvania State Legislature
D. The Pennsylvania Real Estate Commission and the Pennsylvania Human Relations Commission

Answer: D

Explanation:
Both thePennsylvania Real Estate Commission (PREC)and thePennsylvania Human Relations Commission (PHRC)haveauthority to investigate illegal discriminationin real estate transactions.
* The Pennsylvania Human Relations Commission (PHRC)is responsible for enforcingthe Pennsylvania Human Relations Act (PHRA), which prohibits discrimination in housing based on race, color, religion, ancestry, age, sex, national origin, disability, and familial status.
* The Pennsylvania Real Estate Commission (PREC)investigates complaints againstlicensed real estate professionalswho violate fair housing laws, including violations of theReal Estate Licensing and Registration Act (RELRA).
Why the other answers are incorrect:
* Option A (Pennsylvania State Legislature and PREC):The Legislaturemakes lawsbutdoes not enforcethem or conduct investigations.
* Option B (PREC and Better Business Bureau):TheBetter Business Bureau (BBB) is a private organizationand doesnot have legal enforcement authority.
* Option C (PHRC and Legislature):The Legislature doesnot investigate complaints, but the PHRC does.

NEW QUESTION # 21
According to the Pennsylvania Real Estate Commission, which one of the following actions by a licensee is prohibited conduct?

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

Answer: B

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 # 22
......

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