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Pennsylvania Real Estate Commission PA Salesperson State Exam Sample Questions (Q47-Q52):
NEW QUESTION # 47
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 listing broker as to the status of the transaction.
- B. Advise the buyer as to the status of the transaction.
- C. Advise the seller as to the status of the transaction.
- D. Advise the loan officer as to the status of the transaction.
Answer: B
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).
NEW QUESTION # 48
The Real Estate Commission is empowered to take action against a licensee who is found to have engaged in any of the following activities EXCEPT:
- A. Making any substantial misrepresentation.
- B. Failing to provide information requested by the Pennsylvania Real Estate Commission in response to a complaint about the licensee engaging in prohibited acts.
- C. Failing to include the salesperson's name in all advertising.
- D. Failing to furnish a copy of a listing contract to an owner after taking a listing.
Answer: C
Explanation:
Under49 Pa. Code § 35.305 (Business Name on Advertisements),advertisements must include the broker' s name but are not required to include the salesperson's name.
* While a salesperson's name may appear in an ad, it is not a required element under Pennsylvania law.
* However, failing to disclose key information in an ad, such as the broker's name, could result in disciplinary action.
Why the other answers are incorrect:
* Option A (Misrepresentation):Misrepresentation is a serious offense and can lead to suspension or revocation.
* Option B (Failing to Provide Listing Contract):Acopy of the listing contract must be furnished to the seller at the time of signing.
* Option D (Failing to Provide Information to the Commission):Failure to respond to an investigation can result in fines, suspension, or revocation.
NEW QUESTION # 49
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: C
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 # 50
Licensing law in the Commonwealth of Pennsylvania requires that a real estate salesperson be supervised by a licensed real estate broker or a broker-assigned:
- A. Associate broker.
- B. Salesperson.
- C. Transaction coordinator.
- D. Team leader.
Answer: A
Explanation:
Under49 Pa. Code § 35.241 (Supervision and Operation of Offices),a licensed real estate salesperson must be supervised by a broker or an associate broker designated by the broker.
* A broker may assign an associate broker (who has passed the broker exam but does not own the brokerage) to oversee salespersons.
* Salespersons cannot work independently; they must work under the direction of a licensed broker or an assigned associate broker.
Why the other answers are incorrect:
* Option A (Team Leader):A team leader is not a formal supervisory position under Pennsylvania law unless they are an associate broker or broker.
* Option B (Salesperson):A salesperson cannot supervise other salespersons.
* Option D (Transaction Coordinator):A transaction coordinator handles paperwork but does not supervise licensees.
NEW QUESTION # 51
If known, the listing broker MUST disclose which of the following to a prospective buyer?
- A. That the seller has accepted a position in another state
- B. That the seller's water system is contaminated
- C. That the seller has filed for divorce
- D. That the seller's mortgage is assumable
Answer: B
Explanation:
Alicensee must disclose all material defectsrelated to the property,including known issues like a contaminated water system.
* Under 68 P.S. §§ 7303-7304 (Real Estate Seller Disclosure Law), the seller and broker must disclose all material defects affecting the property's value or safety.
* A contaminated water system is considered a health and safety issue and must be disclosed to the buyer.
Why the other answers are incorrect:
* Option A (Assumable Mortgage):This is afinancial issue, not a material defect.
* Option B (Seller's New Job):The seller's personal situationdoes not affect the property's condition.
* Option C (Divorce):Divorce is private informationand does not need to be disclosed.
NEW QUESTION # 52
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