PSI PA State Real Estate Practice Exam Questions and Answers 100% Pass
31 views 2 purchases
Module
PSI PA State Real
Institution
PSI PA State Real
PSI PA State Real Estate Practice Exam Questions and Answers 100% Pass
Requires the seller to provide notice to a purchaser about whether a structure on the land is entitled to support from the underlying coal. Coal Notice
Three conditions that must be met for a mobile home to be considered real ...
psi pa state real estate practice exam questions a
Written for
PSI PA State Real
All documents for this subject (2)
Seller
Follow
BrilliantScores
Reviews received
Content preview
PSI PA State Real Estate Practice Exam
Questions and Answers 100% Pass
Requires the seller to provide notice to a purchaser about whether a structure on the land is
entitled to support from the underlying coal. ✔✔Coal Notice
Three conditions that must be met for a mobile home to be considered real estate ✔✔1. Mobile
home is transferred in conjunction with and as a part of an assignment of a land lease or the
transfer of an interest in land on which the mobile home is situated; or
2. Mobile home is permanently attached to a foundation, and
3. Registration of the mobile home is canceled by the owner with the Pennsylvania Bureau of
Motor Vehicles
The governing body of a municipality is responsible for enacting the comprehensive plan,
zoning, and subdivision ordinances in accordance with procedures in the Pennsylvania
Municipalities Planning Code. They may appoint a planning commission to be responsible for
formulating the recommended plans and ordinances. Public hearings must be held prior to their
enactment by the governing body. ✔✔Zoning
Charges permitted by the Pennsylvania Municipalities Planning Code to help defray the cost of
streets to keep up with development ✔✔Impact Fees
,Went into effect in July 2004, as prescribed by the Pennsylvania Construction Code Act that was
passed in 1999. *In addition to satisfying the purpose of construction codes, the act encourages
the use of state-of-the-art construction methods and systems and eliminates existing codes that
are obsolete, overly restrictive, or conflicting. ✔✔Uniform Construction Code (UCC)
Oversee's PA's environmental laws ✔✔Department of Environmental Protection
Passed by the Department of Environmental Protection *Gives notice to prospective buyers that
if a property is not serviced by a public sewage system and no community sewage system is
available, a permit for an individual system must be obtained ✔✔Pennsylvania Sewage Facilities
Act in 1994
Provides for the rehabilitation or recycling of brownfields by providing a mechanism to enforce
hazard mitigation controls and ease concerns about the future liability associated with
contaminated properties ✔✔Uniform Environmental Covenants Act (UEAC), which took effect
in February 2008
Burdensome disclosure requirements are readily satisfied -Mitigation controls can be enforced
regardless of ownership ✔✔Benefits of the UEAC
, True or False Pennsylvania, has abolished the common law concepts of dower and curtesy.
✔✔True
Created when the person claiming the easement has made use of another's land for 21 years in
PA. The claimant's use must have been continuous, exclusive, and without the owner's approval.
Through the principle of tacking (discussed in Unit 5), successive periods of adverse possession
by different adverse possessors can be combined so that a person who is not in possession for the
entire statutory time may establish a claim.The use must be visible, open, and notorious, that is,
the owner must have been able to learn of it. The claimant is entitled to assert a right to use the
property and cannot claim ownership. Prescriptive easements cannot usually be acquired on
public land. ✔✔Easement by Prescription
The Pennsylvania Landlord/Tenant Act also specifies the time period that is required for notice
in a variety of circumstances ✔✔Normally, one week's notice is required to terminate an estate
from week to week; one month's notice is required to terminate an estate from month to month;
and three months' notice is required to terminate an estate from year to year.
True or False The statute of frauds in Pennsylvania requires contracts for more than two years
duration to be in writing. ✔✔False, contracts for more than three years duration are required to
be in writing. However a written agreement can be used for any period of time.
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller BrilliantScores. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for £8.20. You're not tied to anything after your purchase.