PA real estate state portion Questions and Answers Fully Solved 100%
8 views 0 purchase
Course
PA real estate state portion
Institution
PA Real Estate State Portion
The Pennsylvania real estate commission may levy a civil penalty upon an individual
who violates any provision of the real estate licensing and registration act, but only if the
individual has been
A. warned in writing
B. given the opportunity for a hearing
C. confronted in person
D. suspende...
PA real estate state portion
The Pennsylvania real estate commission may levy a civil penalty upon an individual
who violates any provision of the real estate licensing and registration act, but only if the
individual has been
A. warned in writing
B. given the opportunity for a hearing
C. confronted in person
D. suspended from real estate activities - ✔️✔️B. given the opportunity for a hearing
according to the Pennsylvania landlord-tenant act, a tenant must be notified of the final
disposition of his security deposit within what time period following the end of the time?
A. within 5 days
B. within 30 days
C. within 60 days
D. immediately upon completion of the landlord's inspection of the premises - ✔️✔️B.
within 30 days
Why is the following advertisement placed by a salesperson employed by ABC reality,
in violation of Pennsylvania rules? harrisburg cottage, near bus. For info call 555-9234
(home) or 675-6330 (office). Ask for John doe
a) no address is given
b) the salesperson's name appears in the ad
c) the broker's name does not appear in the ad
d) the mls number is not included in the ad - ✔️✔️c) the broker's name does not
appear in the ad
A salesperson receives a deposit from a prospective buyer. According to Pennsylvania
license law what is the salesperson's responsibility?
A. Promptly deliver the check to the seller for deposit by the end of the next business
day
B. Hold the check until the offer is accepted
C. immediately deposit the funds into the office account
D. Promptly deliver the check to the broker for deposit - ✔️✔️D. Promptly deliver the
check to the broker for deposit
When using the services of a real estate licensee to find a residence to lease, a PA
consumer must be provided with
a. consumer notice
b. rental application
c. plain language residential lease
d. landlords led-based disclosure - ✔️✔️a. consumer notice
, A salesperson is preparing directions for an open house advertisement. There are
several landmarks that people could recognize, including a Catholic Cemetery, a Polish
social club, and a Funeral Home with a white fence surrounding the parking lot.
According to the Pennsylvania human relations Commission advertising guidelines,
which if any of these landmarks could be used in the advertisement?
a. None
b. Cemetery
c. social club
d. Funeral Home - ✔️✔️c. social club
A salesperson owns a residence and wishes to sell it without listing it. Under
Pennsylvania license law, the salesperson MUST
A. list the property with his firm
B. disclose in all advertising that the owner of the property is a real estate licensee
C. offer a sales commission or fee to cooperating brokers
D. have an active license - ✔️✔️B. disclose in all advertising that the owner of the
property is a real estate licensee
The provisions of the real estate licensing and registration act apply to:
1) A trustee who participates in real estate transactions under authority of a court order.
2) An attorney at law who participates in real estate transactions on behalf of the client
3) A real estate licensee selling real estate she owns
4) A licensed auctioneer who is auctioning property. - ✔️✔️2) An attorney at law who
participates in real estate transactions on behalf of the client
According to Pennsylvania code, which of the following is NOT a purpose of
professional roll state continuing education
a. to maintain an increased competency to engage in licensed real estate activities
b. to follow federal guidelines regarding real estate licensees
c. to keep licenses of breast of any changes in laws and regulations
d. to protect the public from incompetent real estate practices - ✔️✔️a. to maintain an
increased competency to engage in licensed real estate activities
Which of the following activities performed by the manager of a multifamily dwelling
REQUIRES a real estate license?
a. entering into leases
b. distributing building rules and regulations
c. showing apartments to prospective renters
d. providing information on rental amounts to prospective renters - ✔️✔️a. entering into
leases
The Pennsylvania human relations act protects people against discrimination on the
grounds of all of the following EXCEPT
a. familiar status
b. criminal record
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 or Stuvia-credit 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 PatrickKaylian. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $8.39. You're not tied to anything after your purchase.