Exam 2026-2027Actual Complete Real Exam
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In Pennsylvania, a consumer must be notified of their right to
negotiate ______.
- ANSWER -Listing period
durations
Margaret is pursuing her Pennsylvania real estate salesperson
license, but only
her grandmother calls her Margaret. She'd instead like to
advertise and be
licensed under her nickname, Peggy. Which statement best
describes how she
can do this? - ANSWER -She must include her nickname on
her salesperson
license application to advertise using her
nickname
According to Pennsylvania law, which statement is true
regarding licensees and inspections? - ANSWER -Licensees
, aren't required to conduct an independent inspection of the
property
If your Pennsylvania license has been expired for more than
______ year(s),
you must retake the exam and reapply for licensure. -
ANSWER -5
Alec, a Pennsylvania broker, received an earnest money check
from an associated licensee. By when must Alec deposit the
check? - ANSWER -within one business day
In Pennsylvania, what must be included conspicuously on the
first page of every
CMA? - ANSWER -the fact that it is not an
appraisal
Janine holds a reciprocal license in Pennsylvania, but most of
her business is conducted in Ohio. When working with
Pennsylvania clients, which disclosures is Janine required to
provide? - ANSWER -Both federal and Pennsylvania required
disclosures
How long must you save transaction related documents -
ANSWER -3 years
Tandy is a licensed timeshare salesperson in Pennsylvania.
Which of the following statements best describes the renewal