Real estate pennsylvania - Study guides, Class notes & Summaries

PSI Real Estate Exam (MD State Portion) Latest 2024 Graded A+ Real Estate brokerage is govern by: 1. Satutory Law - Brokers Act "Title 17" 2. Administrative Law - Code of Maryland Regulations (COMAR) Regulation is enacted and enforced by MD Real Estate Commission (MREC) Brokerage Services: For consideration: - Selling, buying, exchanging, or leasing any real estate or collecting rent - Assisting to locate/obtain for purchase/lease any residential real estate - Serving as a consultant...

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? - He's a building-owner salesperson Springfield broker, Sam Hovis, has surpri...

PENNSYLVANIA STATE PORTION REAL ESTATE EXAM INFO

Real estate license law in Pennsylvania is administered by who? A The legislature B Pennsylvania Association of Realtors C Pennsylvania Real Estate Commission D Department of Housing and Urban Development - Answer- C Pennsylvania license law is administered and enforced by the Real Estate Commission. The state legislature enacts real estate law; the Pennsylvania Association of Realtors is a trade organization; the Department of Housing and Urban Development handles fair housing issues, not...

MD State Real Estate Practice Exam Question and answers correctly solved 2024MD State Real Estate Practice Exam Mark lives in Maryland and purchased property in Pennsylvania. His real estate agent gave him poor advice, which cost him $52,000. Which of the following is true? - correct answer Mark cannot file a claim with Guaranty Fund because the property purchased was in Pennsylvania. Maryland salesperson Claire has been licensed for a little over a year. She's a bit of an overachiever,...

Pennsylvania Certified Evaluator Exam Questions with Correct Answers Updated Latest (Graded) base year - correct answereffective date of the appaisers opinion is on ethic rule - correct appraiser must promote & perserve the public trust st standards of professional ethics 3. conduct, managemant, confidentiality appraiser must act competenty and in a manner that is - correct answerindependent, impartial, objective what does uspap stand for - correct answeruniform standards of the proffess...

Pennsylvania Certified Evaluator – Exam Questions with Answers Updated Latest (GRADED A+) supply and demand - correct answerhigh demand low supply = increase low demand high supply = decrease intangible - correct answercant be seen or touched scope of work rule - correct problem to be solved mine & perform the scope of work necessary to develop credible assignment results 3. disclose the scope of work in the report base year - correct answereffective date of the appaisers opinion is on...

Real estate license law in Pennsylvania is administered by who? A The legislature B Pennsylvania Association of Realtors C Pennsylvania Real Estate Commission D Department of Housing and Urban Development - Answer-C Pennsylvania license law is administered and enforced by the Real Estate Commission. The state legislature enacts real estate law; the Pennsylvania Association of Realtors is a trade organization; the Department of Housing and Urban Development handles fair housing issues, not ...

Certified Pennsylvania Evaluator (CPE) Exam Questions And Answers Latest Updated | Rated A+. Assessor - Correct Answer-Any person responsible for the valuation of real property for ad valorum taxation purposes Duties and Responsibilities of an Assessor - Correct Answer-Discovering, Listing, Valuing Clean & Green - Act 319 - Correct Answer-Has two values, Value in Use and Value in Exchange An Assessor is accountable to whom? - Correct Answer-Himself, taxpayers and all taxing authorities ...

PA State Laws Questions and Answers 100% Solved When does your real estate license expire in Pennsylvania? ️️May 31 of every even numbered year Larry, a Pennsylvania broker, provided a copy of the Consumer Notice to a prospective buyer prior to entering into an agency relationship and showing the buyer several properties. How long must he retain a copy of the notice? ️️at least 6 months Under Pennsylvania law, which of these items would a licensee need to disclose to any con...