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RePA_Sales_S Latest Test Question | New RePA_Sales_S Exam Cram
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Pennsylvania Real Estate Commission PA Salesperson State Exam Sample Questions (Q15-Q20):
NEW QUESTION # 15
A salesperson owns a residence and wishes to sell it without listing it. Under Pennsylvania license law, the salesperson MUST:
- A. offer a sales commission or fee to cooperating brokers
- B. disclose in all advertising that the owner of the property is a real estate licensee
- C. have an active license
- D. list the property with their firm
Answer: B
Explanation:
Under49 Pa. Code § 35.285 (Disclosure of Real Estate Affiliations),a licensee selling their own property MUST disclose that they are a real estate licensee in all advertisements and communications.
* The disclosure must be made in a clear and conspicuous mannerto inform potential buyers that the seller has professional real estate expertise.
* This rule prevents deception and ensures fair dealings in real estate transactions.
Why the other answers are incorrect:
* Option A (List Property with Firm):Licenseesare NOT required to list their own propertywith their firm.
* Option C (Offer Commission to Brokers):There isno requirement to offer compensationto other brokers.
* Option D (Have an Active License):A licensee can still sell their own property even if their license is inactive,but they must disclose their license status.
NEW QUESTION # 16
An owner sells a house through a salesperson who works as an independent contractor for a broker. Before the closing, the owner fires the broker. However, the owner agrees to pay the salesperson a $1,000 fee for services. Which of the following is TRUE?
- A. The owner can cancel any part of the sales contract at any time.
- B. The salesperson may legally accept the $1,000.
- C. The salesperson cannot legally accept the $1,000.
- D. The salesperson may only accept the $1,000 with the broker's consent.
Answer: C
Explanation:
According to49 Pa. Code § 35.283(Compensation and Commission), asalesperson may not accept compensation from anyone other than their employing broker.
* A salesperson cannot accept direct payments from an owner or buyer (Option A - Correct).
* The owner cannot cancel the sales contract unilaterally (Option B - Incorrect).
* The salesperson may only be compensated through the broker, even if the owner agrees to direct payment (Option C & D - Incorrect).
Reference:
49 Pa. Code § 35.283- Compensation and Commission
NEW QUESTION # 17
What MUST a salesperson licensee convicted of a felony do?
- A. Terminate all real estate activities
- B. Discuss the matter with the employing broker to decide what to do
- C. Immediately turn in the real estate license to the Real Estate Commission
- D. Provide the Real Estate Commission with information about the conviction
Answer: D
Explanation:
According to49 Pa. Code § 35.288under"Reporting of Crimes and Disciplinary Actions", all licensees in Pennsylvania arerequired to notifythePennsylvania Real Estate Commissioninwritingwithin30 daysof any felony or misdemeanor conviction.
* A licensee doesnotautomatically lose their license upon conviction, but theCommission will reviewthe case and may takedisciplinary actionsuch as suspension or revocation of the license.
* Failing to reportthe conviction within the required time mayresult in additional penalties.
* Immediate license surrender (Option A)isnotrequired.
* Discussing with the broker (Option B)is not a sufficient step since theofficial duty is to inform the Commission.
* Terminating all activities (Option D)is not an automatic requirement unless theCommission suspends or revokes the license.
Reference:
49 Pa. Code § 35.288- Reporting of Crimes and Disciplinary Actions
Real Estate Licensing and Registration Act (RELRA) - 63 P.S. § 455.303(Criminal Background)
NEW QUESTION # 18
An exclusive listing MUST be in writing and it MUST:
- A. specify the duration of the listing
- B. contain a provision allowing the owner to cancel all exclusive features within 24 hours' notice
- C. contain provisions regarding acceptable financing arrangements
- D. be signed by the cooperating broker
Answer: A
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.
Reference:
49 Pa. Code § 35.332- Exclusive Listing Agreements
NEW QUESTION # 19
A broker has been hired by a buyer to find an investment property. Upon locating a suitable property listed by another firm, the broker MUST:
- A. Recommend a professional inspection of the property.
- B. Disclose to the listing broker or the seller that they represent the buyer.
- C. Initiate a title search of the property.
- D. Disclose their dual representation, in writing, to both buyer and seller.
Answer: B
Explanation:
Under49 Pa. Code § 35.311 (Duties of Buyer's Agent),a buyer's agent must disclose their relationship to the listing broker or seller before providing substantive services.
* This ensures that all parties understand who represents whom in the transaction.
* Failure to disclose agency relationships could result in ethical violations and penalties from the Pennsylvania Real Estate Commission.
Why the other answers are incorrect:
* Option A (Initiate a Title Search):This is typically done by the buyer's attorney or title company,not the real estate broker.
* Option B (Recommend an Inspection):While good practice,it is not legally required under agency law.
* Option C (Disclose Dual Representation):This is incorrect because the broker is not acting as a dual agent in this case.
Reference:
49 Pa. Code § 35.311- Duties of Buyer's Agent
NEW QUESTION # 20
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