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RePA_Sales_S Examinations Actual Questions | RePA_Sales_S Reliable Exam Papers
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Pennsylvania Real Estate Commission RePA_Sales_S Exam Syllabus Topics:
Topic
Details
Topic 1
- Agency and Disclosure: This section of the exam measures the skills of Real Estate Salespersons and addresses the importance of proper agency and disclosure. It evaluates knowledge of agency disclosures, the duties of licensees, and how different agency relationships function in practice. It also covers compensation rules and the responsibilities that come with working under different types of agency agreements.
Topic 2
- Regulations Governing the Activities of Licensees: This section of the exam measures the skills of Real Estate Brokers and centers on the professional standards and regulations that govern daily practice. It reviews rules regarding advertising, the working relationship between brokers and salespersons, and the proper handling of client funds and accounts. It also highlights prohibited conduct, as well as the conditions that can lead to suspension or revocation of a license.
Topic 3
- Miscellaneous: This section of the exam measures the skills of Real Estate Salespersons and includes several additional knowledge areas important for practice. Candidates are expected to understand property disclosures, the preparation and handling of contracts and forms, and the Pennsylvania Human Relations Act. It also covers the regulations relating to time-shares, as well as leasing and rental practices that are part of everyday real estate transactions.
Topic 4
- Real Estate Commission: This section of the exam measures skills of Real Estate Salespersons and covers the fundamental duties and powers of the Real Estate Commission. It includes understanding how complaints are handled, how investigations and hearings are conducted, and the processes for appeals. Candidates are also expected to be familiar with the Real Estate Recovery Fund, which provides protection for consumers in certain cases.
Topic 5
- Licensure: This section of the exam measures skills of Real Estate Brokers and focuses on licensure requirements. It emphasizes qualifications necessary for obtaining a license, the activities that legally require licensure, and the processes for license renewal or reactivation. Additionally, it includes the rules for changing employment as a licensee and outlines specific exemptions from licensure under Pennsylvania law.
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Pennsylvania Real Estate Commission PA Salesperson State Exam Sample Questions (Q17-Q22):
NEW QUESTION # 17
What MUST a salesperson licensee convicted of a felony do?
- A. Immediately turn in the real estate license to the Real Estate Commission
- B. Discuss the matter with the employing broker to decide what to do
- C. Terminate all real estate activities
- 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.
NEW QUESTION # 18
When a licensed salesperson changes from one broker to another, the Pennsylvania Real Estate Commission MUST be notified within how many days after the intended date of the change?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: A
Explanation:
Under49 Pa. Code § 35.301 (Changes in Employment Status),a salesperson must notify the Pennsylvania Real Estate Commission within 10 days of switching brokers.
* This ensures that the Commission's records remain up-to-date and that the salesperson is properly licensed under a supervising broker.
* Failure to report the change within 10 days can result in disciplinary action.
Why the other answers are incorrect:
* Option A (5 Days):The regulation clearly states10 days, not 5.
* Option C (15 Days):Thisexceeds the allowed time framefor notification.
* Option D (30 Days):Waiting 30 days is too long and would violate Pennsylvania licensing laws.
NEW QUESTION # 19
If a licensee advertises prizes as part of a promotion for the sale of real estate, which of the following must be disclosed in the advertisement?
- A. How many others have won similar prizes.
- B. Where the prize was manufactured.
- C. The names of any stores that will exchange the prize.
- D. The fair market value of the prize.
Answer: D
Explanation:
Under49 Pa. Code § 35.305 (Business Name on Advertisements), a real estate licensee must disclose the fair market value of any prizes, gifts, or incentives offered as part of a sales promotion.
* This ensures transparency and prevents misleading advertisements that might influence a consumer's decision based on exaggerated prize values.
* Failure to disclose the fair market value could result in penalties or disciplinary action from the Pennsylvania Real Estate Commission.
Why the other answers are incorrect:
* Option B (Where the Prize Was Manufactured):There is no requirement to disclose where a prize was made.
* Option C (How Many Others Have Won):The law does not require disclosure of the number of previous winners.
* Option D (Names of Stores for Exchange):There is no requirement to provide names of stores that would honor or exchange the prize.
Reference:
49 Pa. Code § 35.305- Business Name on Advertisements
NEW QUESTION # 20
A salesperson owns a residence and wishes to sell it without listing it. Under Pennsylvania license law, the salesperson MUST:
- A. have an active license
- B. list the property with their firm
- 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
Answer: D
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 # 21
Which of the following conditions MUST be met before a licensee participates in the sale of real property in which the licensee has an ownership interest?
- A. The Pennsylvania Real Estate Commission must be notified of the transaction.
- B. The percentage of the licensee's ownership interest must be stated on the sales contract.
- C. The licensee must provide written disclosure of the ownership interest to all parties.
- D. The listing agreement must identify the licensee's name and status as a licensee.
Answer: C
Explanation:
Under49 Pa. Code § 35.283 (Disclosure of Interest),a real estate licensee must disclose in writing if they have a direct or indirect ownership interest in a property they are selling or purchasing.
* This disclosure ensures transparency and prevents conflicts of interest.
* Failure to disclose ownership interest could be considered fraudulent and result in disciplinary action by the Pennsylvania Real Estate Commission.
Why the other answers are incorrect:
* Option A (Commission Notification Required):TheCommission does not need to be notifiedunless a violation occurs.
* Option B (Listing Agreement Disclosure):Disclosure isnot required in the listing agreementbut must be made to all parties.
* Option D (Percentage of Ownership on Contract):The specificpercentage of ownership is not required to be on the contract; general disclosure is sufficient.
Reference:
49 Pa. Code § 35.283- Disclosure of Interest
NEW QUESTION # 22
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