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Pennsylvania Real Estate Commission PA Salesperson State Sample Questions:

1. A "For Sale by Owner" property owner has offered a flat fee to any licensee who procures a buyer. The owner's terms specify that 50% of the fee is payable upon contract acceptance, with the other 50% payable upon transfer of title. A CORRECT statement about this arrangement is that it is:

A) acceptable if the fee does not exceed the prevailing commission rate.
B) acceptable if the fee is paid to the employing broker.
C) in violation of license law since all compensation must be paid at closing.
D) in violation of license law since compensation for real estate sales can come only from listed properties.

2. A licensee meets with a couple to discuss listing their home, and the couple ends the meeting by signing a listing agreement. State law REQUIRES that the couple receive a copy of the agreement:

A) after the licensee obtains their employing broker's signature.
B) after the cancellation period has expired.
C) within 5 business days from the time the agreement was signed.
D) at the time their signatures are obtained.

3. In the normal course of practicing real estate, a licensed real estate salesperson may:

A) Receive commission and bonuses through their broker.
B) Directly receive a commission from the buyer as well as the seller.
C) Agree to split commissions with another licensee and pay the split directly to the other licensee.
D) Pay a referral fee directly to another licensed salesperson.

4. 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 their firm
B) have an active license
C) offer a sales commission or fee to cooperating brokers
D) disclose in all advertising that the owner of the property is a real estate licensee

5. When a tenant who has a service or support animal applies to lease an apartment in a building that does not allow pets, which of the following rules may the landlord follow?

A) The landlord may disallow the animal if it is not federally registered as a support or service animal.
B) Both state and federal laws require the landlord to allow any service or support animal.
C) The landlord must allow the service or support animal but may charge an additional deposit.
D) The landlord may disallow the animal if there are no other animals permitted in the building.

Solutions: