PA FINAL EXAM PREP QUESTIONS WITH
CORRECT ANSWERS 2025/2026
Abigail is a Pennsylvania broker who supervises several salespersons and associate brokers.
Which of these forms outlines how much will be paid to her when she or any of her associated
licensees engages in a transaction?
A. Consumer Notice of Agency Relationships
B. Listing Agreement
C. Real Estate Licensing and Registration Act
D. Sherman Act - CORRECT ANSWER -B. Listing Agreement
Jake continued performing real estate activities in Pennsylvania even though he failed to keep
his license current. Which of the following actions could the commission take?
A. Impose civil penalties up to $1,000
B. Impose criminal penalties up to $1,000
C. None, jake doesn't have an active license
D. Sentence jake to a year in jail - CORRECT ANSWER -A. Impose civil penalties up to $1,000
Which of the following individuals is acting within Pennsylvania license law?
A. Leo convinces his neighbor Nelly to cancel the listing agreement she entered into with
another licensee so that he can sell her house and earn the commission. He offers to kick back a
portion of the commission to Nelly as a thank you
B. Savannah didn't put a for sale sign in the yard of her new listing until she had a written
contract in place permitting her to do so
, C. Thomas just received a commission check for a closed transaction. He sends a portion of that
commission to his associated licensee who represented the seller, and a portion to the
salesperson from another brokerage who represented the buyer
D. Upset that his seller suddenly decided to take his property off the market after a couple of
weeks of activity, Noel gets his frustration out by shedding all documents relating to the
transaction - CORRECT ANSWER -B. Savannah didn't put a for sale sign in the yard of her new
listing until she had a written contract in place permitting her to do so
Estelle acted as a Pennsylvania transaction licensee for a transaction. The relationship was
established via written disclosure statement. How long must the broker retain a copy of this
statement?
A. 5 years
B. 1 year
C. 6 months
D. 3 years - CORRECT ANSWER -C. 6 months
A ____ is an individual or entity who operates in a field limited to mausoleum spaces and burial
sites in PA.
A. Broker
B. Cemetery Broker
C. Cemetery Salesperson
D. Salesperson - CORRECT ANSWER -B. Cemetery Broker
Which organization specifies in their Rules and Regulations the standards of conduct that each
PA licensee must follow?
CORRECT ANSWERS 2025/2026
Abigail is a Pennsylvania broker who supervises several salespersons and associate brokers.
Which of these forms outlines how much will be paid to her when she or any of her associated
licensees engages in a transaction?
A. Consumer Notice of Agency Relationships
B. Listing Agreement
C. Real Estate Licensing and Registration Act
D. Sherman Act - CORRECT ANSWER -B. Listing Agreement
Jake continued performing real estate activities in Pennsylvania even though he failed to keep
his license current. Which of the following actions could the commission take?
A. Impose civil penalties up to $1,000
B. Impose criminal penalties up to $1,000
C. None, jake doesn't have an active license
D. Sentence jake to a year in jail - CORRECT ANSWER -A. Impose civil penalties up to $1,000
Which of the following individuals is acting within Pennsylvania license law?
A. Leo convinces his neighbor Nelly to cancel the listing agreement she entered into with
another licensee so that he can sell her house and earn the commission. He offers to kick back a
portion of the commission to Nelly as a thank you
B. Savannah didn't put a for sale sign in the yard of her new listing until she had a written
contract in place permitting her to do so
, C. Thomas just received a commission check for a closed transaction. He sends a portion of that
commission to his associated licensee who represented the seller, and a portion to the
salesperson from another brokerage who represented the buyer
D. Upset that his seller suddenly decided to take his property off the market after a couple of
weeks of activity, Noel gets his frustration out by shedding all documents relating to the
transaction - CORRECT ANSWER -B. Savannah didn't put a for sale sign in the yard of her new
listing until she had a written contract in place permitting her to do so
Estelle acted as a Pennsylvania transaction licensee for a transaction. The relationship was
established via written disclosure statement. How long must the broker retain a copy of this
statement?
A. 5 years
B. 1 year
C. 6 months
D. 3 years - CORRECT ANSWER -C. 6 months
A ____ is an individual or entity who operates in a field limited to mausoleum spaces and burial
sites in PA.
A. Broker
B. Cemetery Broker
C. Cemetery Salesperson
D. Salesperson - CORRECT ANSWER -B. Cemetery Broker
Which organization specifies in their Rules and Regulations the standards of conduct that each
PA licensee must follow?
