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Pennsylvania Real Estate Commission RePA_Sales_S Exam Syllabus Topics:
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Pennsylvania Real Estate Commission PA Salesperson State Exam Sample Questions (Q24-Q29):
NEW QUESTION # 24
A listing agreement must contain all of the following EXCEPT:
- A. The broker's license number.
- B. The broker's compensation.
- C. A description of the services to be provided.
- D. The duration of the listing.
Answer: A
Explanation:
Under49 Pa. Code § 35.332 (Exclusive Listing Agreements), all listing agreements must specify the services provided, the duration of the agreement, and the compensation of the broker. However, there is no requirement to include the broker's license number.
* A listing agreement must clearly state the terms under which the broker will perform services and how they will be compensated.
* The duration of the agreement must also be specified to prevent misunderstandings.
Why the other answers are incorrect:
* Option A (Description of Services):This is a required component of the listing agreement.
* Option B (Duration of Listing):A listing agreement must have a start and end date.
* Option D (Broker's Compensation):Compensation must be clearly stated in the listing agreement.
Reference:
49 Pa. Code § 35.332- Exclusive Listing Agreements
NEW QUESTION # 25
The Real Estate Commission is empowered to take action against a licensee who is found to have engaged in any of the following activities EXCEPT:
- A. Failing to furnish a copy of a listing contract to an owner after taking a listing.
- B. Failing to provide information requested by the Pennsylvania Real Estate Commission in response to a complaint about the licensee engaging in prohibited acts.
- C. Failing to include the salesperson's name in all advertising.
- D. Making any substantial misrepresentation.
Answer: C
Explanation:
Under49 Pa. Code § 35.305 (Business Name on Advertisements),advertisements must include the broker' s name but are not required to include the salesperson's name.
* While a salesperson's name may appear in an ad, it is not a required element under Pennsylvania law.
* However, failing to disclose key information in an ad, such as the broker's name, could result in disciplinary action.
Why the other answers are incorrect:
* Option A (Misrepresentation):Misrepresentation is a serious offense and can lead to suspension or revocation.
* Option B (Failing to Provide Listing Contract):Acopy of the listing contract must be furnished to the seller at the time of signing.
* Option D (Failing to Provide Information to the Commission):Failure to respond to an investigation can result in fines, suspension, or revocation.
NEW QUESTION # 26
What is the MINIMUM number of hours of continuing education which a real estate licensee MUST complete within the license renewal period?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
Explanation:
Under49 Pa. Code § 35.382 (Continuing Education Requirements),a Pennsylvania real estate licensee must complete at least 14 hours of continuing education (CE) during each two-year renewal cycle.
* These courses must be taken through an approved real estate education provider.
* Certain renewal periods may have specific course requirements mandated by the Commission.
Why the other answers are incorrect:
* Option A (10 Hours):Too low; Pennsylvania law requires 14 hours.
* Option B (12 Hours):Falls short of the required minimum.
* Option D (16 Hours):Exceeds the required minimum.
Reference:
49 Pa. Code § 35.382- Continuing Education Requirements
NEW QUESTION # 27
An exclusive listing MUST be in writing and it MUST:
- A. be signed by the cooperating broker
- B. contain provisions regarding acceptable financing arrangements
- C. specify the duration of the listing
- D. contain a provision allowing the owner to cancel all exclusive features within 24 hours' notice
Answer: C
Explanation:
Allexclusive listing agreements in Pennsylvania MUST specify their duration in writing.
* 49 Pa. Code § 35.332 (Exclusive Listing Agreements)states thatall exclusive listings must have a definite start and end date.
* Listings without an expiration date are considered illegaland unenforceable in Pennsylvania.
Why the other answers are incorrect:
* Option A (Cancellation in 24 Hours):There is no legal requirement for a 24-hour cancellation clause.
* Option B (Financing Arrangements):Financing provisionsare not a required part of a listing agreement.
* Option C (Signed by Cooperating Broker):A cooperating broker's signatureis not required. Only the listing broker and seller need to sign the agreement.
NEW QUESTION # 28
What are the permitted relationships between licensees and consumers as defined by the "Consumer Notice" and Pennsylvania regulations?
- A. Buyer agent, seller agent, designated agent, dual agent, and transaction licensee.
- B. Buyer agent, buyer sub-agent, seller agent, seller sub-agent, and dual agent.
- C. Buyer agent, seller agent, designated agent, dual agent, and rental agent.
- D. Buyer agent, seller agent, designated dual agent, and transaction licensee.
Answer: A
Explanation:
Under49 Pa. Code § 35.284 (Disclosures of Business Relationships),the Consumer Notice defines five types of permitted relationships between real estate licensees and consumers:
* Buyer's Agent- Represents the buyer and has a fiduciary duty to them.
* Seller's Agent (Listing Agent)- Represents the seller and has a fiduciary duty to them.
* Designated Agent- A brokerage firm designates different agents to represent buyers and sellers in the same firm without creating dual agency.
* Dual Agent- A licensee represents both the buyer and seller in the same transaction, with mutual consent.
* Transaction Licensee- A real estate licensee who provides services but does not represent either party as an agent.
Why the other answers are incorrect:
* Option A (Rental Agent):"Rental agent" is not a defined relationship in Pennsylvania law.
* Option B (Buyer & Seller Sub-Agent):Sub-agency is no longer common and is not a required disclosure.
* Option D (Designated Dual Agent):Dual agency and designated agency are separate concepts.
Reference:
49 Pa. Code § 35.284- Disclosures of Business Relationships
NEW QUESTION # 29
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