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RePA_Sales_S Practice Exam Questions and Answers

PA Salesperson State Exam

Last Update 1 week ago
Total Questions : 50

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Question # 1

Which of the following phrases in a rental ad may be permissible?

Options:

A.  

Children 12 and Older Only

B.  

Adults Only Building

C.  

Creek Village — an Age-Restricted Community

D.  

All Couples Apartment Building

Discussion 0
Question # 2

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?

Options:

A.  

Dual agent

B.  

Sub-agent of the buyer

C.  

Transaction licensee

D.  

Designated buyer agent

Discussion 0
Question # 3

A salesperson owns a residence and wishes to sell it without listing it. Under Pennsylvania license law, the salesperson MUST:

Options:

A.  

list the property with their firm

B.  

disclose in all advertising that the owner of the property is a real estate licensee

C.  

offer a sales commission or fee to cooperating brokers

D.  

have an active license

Discussion 0
Question # 4

A salesperson who operates as an independent contractor for a broker is seldom in the office. Earnest money deposits received by this salesperson:

Options:

A.  

May be kept temporarily in an escrow account opened by the salesperson.

B.  

Should be transmitted promptly after receipt to the broker.

C.  

May be held by the salesperson for 3 business days.

D.  

Should be returned to the buyer to transmit to the broker.

Discussion 0
Question # 5

If known, the listing broker MUST disclose which of the following to a prospective buyer?

Options:

A.  

That the seller's mortgage is assumable

B.  

That the seller has accepted a position in another state

C.  

That the seller has filed for divorce

D.  

That the seller's water system is contaminated

Discussion 0
Question # 6

A salesperson who operates as an independent contractor for a broker is seldom in the office. Earnest money deposits received by this salesperson:

Options:

A.  

May be kept temporarily in an escrow account opened by the salesperson.

B.  

Should be transmitted promptly after receipt to the broker.

C.  

May be held by the salesperson for 3 business days.

D.  

Should be returned to the buyer to transmit to the broker.

Discussion 0
Question # 7

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?

Options:

A.  

Provide information on rental amounts and building rules and regulations.

B.  

Enter into leases on behalf of the owner.

C.  

Negotiate terms and conditions of occupancy.

D.  

Hold money belonging to tenants other than on behalf of the owner.

Discussion 0
Question # 8

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?

Options:

A.  

5

B.  

10

C.  

15

D.  

30

Discussion 0
Question # 9

If a client requests to list their home for much more than the comparable market analysis (CMA) recommends, what is the duty of the salesperson?

Options:

A.  

Require the seller to receive an appraisal before listing the property

B.  

Refuse the listing because accepting the listing would violate the Pennsylvania Real Estate Licensing and Registration Act

C.  

Advise the client as to the reason it is in their best interest to list the property closer to the comparable market value

D.  

Provide the client financial advice as to how they can invest their assets to earn the amount they would like to receive

Discussion 0
Question # 10

A person who uses a guide dog visits a real estate office in search of an apartment to rent. How should the salesperson proceed when working with this person?

Options:

A.  

Search for apartments that permit pets.

B.  

Ask for an increased amount of security deposit to cover potential damage caused by the dog.

C.  

Tell the person only about apartments that are designed for people with disabilities.

D.  

Ask about the size of the apartment the person is looking for and any other features that the person would like.

Discussion 0
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