1 | P a g e | © copyright 2024/2025 | Grade A+
PA Real Estate Salesperson Exam
Questions and Answers (100% Pass)
Where does the money in Pennsylvania's Real Estate Recovery Fund reside?
At the Real Estate Commission's main office
In a separate account held by each licensee
The employing broker's office
The State Treasury
✓ The State Treasury
Sally is applying for a reciprocal salesperson's license in Pennsylvania. She
actively holds a license in another state that has a reciprocal agreement in
place with Pennsylvania. Which of these is a requirement for obtaining her
Pennsylvania license?
Completing Pennsylvania-specific pre-licensing education courses
Having at least one year of experience as a salesperson in another state
Passing the Pennsylvania portion of the licensing exam
Submitting a statement that she's familiar with Pennsylvania laws
Master01 | October, 2024/2025 | Latest update
, 1 | P a g e | © copyright 2024/2025 | Grade A+
✓ Submitting a statement that she's familiar with Pennsylvania laws
Gary works as a full-time employee for Charles who developed and owns
Falcon Heights Condominiums, a multi-family dwelling in Pennsylvania. As
part of his duties, Gary lists, sells and offers units for sale within the complex.
Which of the following best describes Gary?
Associate broker
Builder-owner salesperson
Salesperson
Timeshare salesperson
✓ Builder-owner salesperson
Which statement about real estate business in Pennsylvania is true?
Corporations can be licensed as a real estate broker.
Every licensed broker must have a fixed place of business.
Fictitious business names cannot be used.
Main or branch office address changes must be updated within 30 days after
the change.
Master01 | October, 2024/2025 | Latest update
, 1 | P a g e | © copyright 2024/2025 | Grade A+
✓ Every licensed broker must have a fixed place of business.
Meaghan is a Pennsylvania licensee whose niche is timeshare sales. She's
running a mail advertisement that says any person who attends a scheduled
timeshare presentation will be put in a drawing for a three-day cruise. Is she
engaging in prohibited conduct by doing this?
No, as long as she properly discloses required details in writing.
No, as long as the proper disclosures are made either in writing or verbally.
Yes, attending a timeshare presentation can't be a requirement for being
entered into a prize drawing.
Yes, prizes, gifts, rebates, etc. can't be used to solicit timeshare sales.
✓ No, as long as she properly discloses required details in writing.
Which of the following locations meets the requirements for a main real estate
office in Pennsylvania?
A home office in a broker's house. Visitors use the main entrance, and the
broker has a sign displayed.
A private office in a broker's home that has a separate entrance. The
brokerage name is displayed on a sign outside and on the door.
Master01 | October, 2024/2025 | Latest update
PA Real Estate Salesperson Exam
Questions and Answers (100% Pass)
Where does the money in Pennsylvania's Real Estate Recovery Fund reside?
At the Real Estate Commission's main office
In a separate account held by each licensee
The employing broker's office
The State Treasury
✓ The State Treasury
Sally is applying for a reciprocal salesperson's license in Pennsylvania. She
actively holds a license in another state that has a reciprocal agreement in
place with Pennsylvania. Which of these is a requirement for obtaining her
Pennsylvania license?
Completing Pennsylvania-specific pre-licensing education courses
Having at least one year of experience as a salesperson in another state
Passing the Pennsylvania portion of the licensing exam
Submitting a statement that she's familiar with Pennsylvania laws
Master01 | October, 2024/2025 | Latest update
, 1 | P a g e | © copyright 2024/2025 | Grade A+
✓ Submitting a statement that she's familiar with Pennsylvania laws
Gary works as a full-time employee for Charles who developed and owns
Falcon Heights Condominiums, a multi-family dwelling in Pennsylvania. As
part of his duties, Gary lists, sells and offers units for sale within the complex.
Which of the following best describes Gary?
Associate broker
Builder-owner salesperson
Salesperson
Timeshare salesperson
✓ Builder-owner salesperson
Which statement about real estate business in Pennsylvania is true?
Corporations can be licensed as a real estate broker.
Every licensed broker must have a fixed place of business.
Fictitious business names cannot be used.
Main or branch office address changes must be updated within 30 days after
the change.
Master01 | October, 2024/2025 | Latest update
, 1 | P a g e | © copyright 2024/2025 | Grade A+
✓ Every licensed broker must have a fixed place of business.
Meaghan is a Pennsylvania licensee whose niche is timeshare sales. She's
running a mail advertisement that says any person who attends a scheduled
timeshare presentation will be put in a drawing for a three-day cruise. Is she
engaging in prohibited conduct by doing this?
No, as long as she properly discloses required details in writing.
No, as long as the proper disclosures are made either in writing or verbally.
Yes, attending a timeshare presentation can't be a requirement for being
entered into a prize drawing.
Yes, prizes, gifts, rebates, etc. can't be used to solicit timeshare sales.
✓ No, as long as she properly discloses required details in writing.
Which of the following locations meets the requirements for a main real estate
office in Pennsylvania?
A home office in a broker's house. Visitors use the main entrance, and the
broker has a sign displayed.
A private office in a broker's home that has a separate entrance. The
brokerage name is displayed on a sign outside and on the door.
Master01 | October, 2024/2025 | Latest update
