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Pennsylvania Real Estate Exam - Practice Questions and Correct Answers

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Pennsylvania Real Estate Exam - Practice Questions and Correct Answers

Instelling
Pennsylvania Real Estate
Vak
Pennsylvania Real Estate

Voorbeeld van de inhoud

1

Pennsylvania Real Estate Exam -
Practice Questions and Correct
Answers
Harrisburg resident Joseph Bell has worked full-time
for Larry Keen, who is the builder-owner of dozens of
homes just outside of Harrisburg. Joseph is Larry's
"right-hand man," and Larry has given him permission
and the authority to take on many of Larry's tasks.
Joseph routinely lists homes for sale, as well as actually
selling the real estate on Larry's behalf, which of the
following best describes Joseph? Answer: He's a
building-owner salesperson


Springfield broker, Sam Hovis, has surprised his wife
with a 2-week Alaskan cruise to celebrate their 25th
wedding anniversary. They are leaving in less than a
month and the time flies by. The week before their ship
is due to depart, the only other broker in Sam's real
estate office, Clyde Lester, breaks his back while
attempting to ski a black run. Thankfully, Clyde is not
paralyzed, but his injuries are extensive, and he will be
out of work for several months. Jenna Bass, an
associate broker in Sam's office, offers to take over

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managing the office in Sam's absence. Which of the
following applies in this situation? Answer: Jenna may
supervise and manage a real estate office, because
broker-associates are permitted to undertake these
responsibilities, under the Pennsylvania Code.


Which of the following is excluded from the provisions
of the Real Estate Licensing and Registration Act?
Answer: A cemetery company or cemetery owned or
controlled by a bona fide church or religious
congregation or fraternal organization or by an
association created by a bona fide church or religious
organization or fraternal organization.


Pittsburgh resident, Caroline Ray, is applying for
licensure as a rental listing referral agent. What fee
does the Commission charge for this? Answer: $75


Philadelphia resident Debbie Brouillard is submitting
her application for licensure to the Commission. Which
of the following items, in addition to the applicable fee,
must she send with the application? Answer: The
written consent that valid service of process may be
made on her by serving the Commission Chair, and

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Pennsylvania Secretary, if this service cannot, for any
reason, be made on the applicant


For the past five years, it's been the goal of
Punxatawny resident Phil Z Groundhog to obtain a
broker's license in Pennsylvania, but it seems that
something has always gotten in his way. Now he is
ready and striving toward his goal. He has everything
ready to submit with his application and the fee. The
problem is, the last time he took and passed the
broker's exam, it was nearly three years ago. Which of
the following is true of this situation? Answer: Phil's
exam results are still valid up to three years after the
exam was taken, so he'll need to submit the application
prior to that 3-year mark.


Richard Burrell, who is a broker, is working with license
applicant Christian Flight to obtain his license. Richard,
the broker is gathering everything he needs in order to
submit Christian's application for licensure. Except for a
sworn statement from Richard Burrell (The Broker),
what does the sworn statement have to say about
Christian? Answer: The statement from Richard
Burrell (The Broker) must attest to Christian's (Sales

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applicant) good reputation, for honesty,
trustworthiness, integrity, and competence.


The statement from Richard Burrell (The Broker) must
certify that he will actively supervise and train Christian
(Sales applicant)


Richard Burrell (The Broker) must submit official
transcripts evidencing the acquisition of degrees or
course credits for Christian (Sales applicant)


Margie Carson wishes to obtain a Pennsylvania
cemetery salesperson's license, but she is only 19
years old. Is this permissible? Answer: Yes, because
the law only requires that an applicant for a cemetery
salesperson's license be 18 years old.


Allentown resident Katie Kollander, who wants to
obtain a Pennsylvania campground membership
salesperson's license, has recently completed a one-
credit Commission-developed course in Campground
Membership Sales. How many hours has she
completed? Answer: 15 hours



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