Pennsylvania Real Estate Exam - Practice Questions and Answers 2024

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 surprised his wife with a 2-week Alaskan cruise to celebrate their 25th wedding anniversary. They are leaving in less than a month and the time flies by. The week before their ship is due to depart, the only other broker in Sam's real estate office, Clyde Lester, breaks his back while attempting to ski a black run. Thankfully, Clyde is not paralyzed, but his injuries are extensive, and he will be out of work for several months. Jenna Bass, an associate broker in Sam's office, offers to take over managing the office in Sam's absence. Which of the following applies in this situation? - Jenna may supervise and manage a real estate office, because broker-associates are permitted to undertake these responsibilities, under the Pennsylvania Code.

Which of the following is excluded from the provisions of the Real Estate Licensing and Registration Act? - A cemetery company or cemetery owned or controlled by a bona fide church or religious congregation or fraternal organization or by an association created by a bona fide church or religious organization or fraternal organization.

Pittsburgh resident, Caroline Ray, is applying for licensure as a rental listing referral agent. What fee does the Commission charge for this? - $75

Philadelphia resident Debbie Brouillard is submitting her application for licensure to the Commission. Which of the following items, in addition to the applicable fee, must she send with the application? - The written consent that valid service of process may be made on her by serving the Commission Chair, and Pennsylvania Secretary, if this service cannot, for any reason, be made on the applicant

For the past five years, it's been the goal of Punxatawny resident Phil Z Groundhog to obtain a broker's license in Pennsylvania, but it seems that something has always gotten in his way. Now he is ready and striving toward his goal. He has everything ready to submit with his application and the fee. The problem is, the last time he took and passed the broker's exam, it was nearly three years ago. Which of the following is true of this situation? - Phil's exam results are still valid up to three years after the exam was taken, so he'll need to submit the application prior to that 3-year mark.

Richard Burrell, who is a broker, is working with license applicant Christian Flight to obtain his license. Richard, the broker is gathering everything he needs in order to submit Christian's application for licensure. Except for a sworn statement from Richard Burrell (The Broker), what does the sworn statement have to say about Christian? - The statement from Richard Burrell (The Broker) must attest to Christian's (Sales applicant) good reputation, for honesty, trustworthiness, integrity, and competence.
The statement from Richard Burrell (The Broker) must certify that he will actively supervise and train Christian (Sales applicant)
Richard Burrell (The Broker) must submit official transcripts evidencing the acquisition of degrees or course credits for Christian (Sales applicant)

Margie Carson wishes to obtain a Pennsylvania cemetery salesperson's license, but she is only 19 years old. Is this permissible? - Yes, because the law only requires that an applicant for a cemetery salesperson's license be 18 years old.

Allentown resident Katie Kollander, who wants to obtain a Pennsylvania campground membership salesperson's license, has recently completed a one-credit Commission-developed course in Campground Membership Sales. How many hours has she completed? - 15 hours

Chris Moore holds a broker's license issued by another jurisdiction, but is now moving to Pennsylvania, so he wants to obtain a Pennsylvania broker's license. Does Chris have to go through the entire pre-licensing as a new Pennsylvania broker? - No, as long as Chris holds a broker's license issued by another jurisdiction, and that license has been active within 5 years before he's submitted his license application.
No, as long as Chris has scored a passing grade on the Pennsylvania portion of the broker's examination within the past 3 years before he's submitted his application.

Erie resident, Jane Green, wishes to obtain her Pennsylvania time-share salesperson's license. Once she has successfully completed the two-credit, Commission-developed course, titled Time Share Sales, she will have taken how many hours of education or training in that subject? - 30 hours

McKeesport broker, Bobby Printly, wants to obtain a Pennsylvania builder-owner salesperson's license. What must be submitted to the Commission, along with his completed license application and the fee? - A sworn statement from a builder-owner that attests to Bobby's good reputation for honesty, trustworthiness, integrity and competence.
A sworn statement from a builder-owner, certifying that he is a builder-owner of a single or multifamily dwellings
A sworn statement from a builder-owner, certifying that he employs the applicant.

Pennsylvania broker Joshua Stone wants to relocate his office from Franklin to Plum. What regulations have been set forth for a broker's office locations in this state? - Josh may relocate his office, as long as he notifies the Commission. He must maintain a fixed office in Pennsylvania, unless he maintains a fixed office in another jurisdiction where is licensed.

What is the current regulation in regard to the number of offices a rental listing referral agent maintains in the Commonwealth? - He may maintain more than one office.

Chester resident, Dawn Meyer, who wants to obtain a Pennsylvania campground membership salesperson's license, has met all the requirements of licensure, except for the onsite training. Which of the following statements best describes this requirement? - 30 days of onsite training must be completed during a 90-day period within 3 years prior to submission of a license application.

An association that wants to obtain a Pennsylvania broker's license must be sure that what percentage of that association's members (who intend to engage in the real estate business) are licensed by the Commission as a sales person or broker? - 100%

Jamie Sanchez wants to obtain a Pennsylvania campground membership salesperson's license. She is 20, and has successfully completed the Commission-developed course, Campground Membership Sales. Regarding this course, which of the following conditions must have been met? - Jamie must have taken the course before her onsite training
The course Jamie took must have been taught at an accredited college, university or institute of higher learning in the Commonwealth OR another Commission-approved real estate education provider

When Norristown broker, Doug Lampert, dies from a particularly virulent strain of the flu, his estate appoints his closest friend and fellow broker, Ned Jackson to supervise the termination of Doug's office. Doug's business had been a sole proprietorship, and under the law must be closed. Which of the following rules must Ned follow during the termination of his friend's business? - unexpired listings will expire automatically 90 days after Doug's broker dies and may not be renewed.

Which of the following descriptions best explains a "manager of record," as defined in the current Pennsylvania Act? - The individual rental listing referral agent responsible for the rental listing transactions of a partnership, association or corporation that holds a rental listing referral agent's license.

During a routine inspection of Plum Real Estate, which of the following activities can be performed by the Commission inspectors? - A thorough inspection into all of the Plum Real Estate office records, including rental listing referrals
Interviews with all licensed and unlicensed personnel employed by or associated with Plum Real Estate.
Inspection of all areas of the entire office of Plum Real Estate.