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Valid Pennsylvania Real Estate Commission RePA_Sales_S Test Prep - RePA_Sales_S Boot Camp

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Pennsylvania Real Estate Commission PA Salesperson State Exam Sample Questions (Q48-Q53):

NEW QUESTION # 48
In order to work as a property manager for compensation, an individual must:

A. Hold a real estate license and, if not a broker, be supervised by a broker.
B. Pass a separate examination in principles of property management.
C. Complete at least one course in property management every two years.
D. Complete a certification for property management.

Answer: A

Explanation:
Under49 Pa. Code § 35.201 (Definitions), property management activities that include leasing, collecting rent, and negotiating lease terms require a real estate license unless the individual is directly employed by the property owner.
* If a property manager is conducting leasing or rental activities for multiple property owners, they must be licensed and supervised by a broker.
* The law ensures that individuals managing properties for others operate under proper ethical and legal guidelines.
Why the other answers are incorrect:
* Option A (Certification for Property Management):No separate property management certification is required under Pennsylvania law.
* Option B (Separate Exam for Property Management):A separate exam for property management is not required.
* Option C (Ongoing Property Management Courses):Continuing education is required for license renewal, but specific property management courses are not mandatory.

NEW QUESTION # 49
What are the permitted relationships between licensees and consumers as defined by the "Consumer Notice" and Pennsylvania regulations?

A. Buyer agent, buyer sub-agent, seller agent, seller sub-agent, and dual agent.
B. Buyer agent, seller agent, designated agent, dual agent, and rental agent.
C. Buyer agent, seller agent, designated dual agent, and transaction licensee.
D. Buyer agent, seller agent, designated agent, dual agent, and transaction licensee.

Answer: D

Explanation:
Under49 Pa. Code § 35.284 (Disclosures of Business Relationships),the Consumer Notice defines five types of permitted relationships between real estate licensees and consumers:
* Buyer's Agent- Represents the buyer and has a fiduciary duty to them.
* Seller's Agent (Listing Agent)- Represents the seller and has a fiduciary duty to them.
* Designated Agent- A brokerage firm designates different agents to represent buyers and sellers in the same firm without creating dual agency.
* Dual Agent- A licensee represents both the buyer and seller in the same transaction, with mutual consent.
* Transaction Licensee- A real estate licensee who provides services but does not represent either party as an agent.
Why the other answers are incorrect:
* Option A (Rental Agent):"Rental agent" is not a defined relationship in Pennsylvania law.
* Option B (Buyer & Seller Sub-Agent):Sub-agency is no longer common and is not a required disclosure.
* Option D (Designated Dual Agent):Dual agency and designated agency are separate concepts.

NEW QUESTION # 50
A real estate licensee may be disciplined by the Pennsylvania Real Estate Commission for which of the following reasons?

A. Inability to obtain automobile liability insurance
B. Nonpayment of Federal income taxes
C. Any felony conviction
D. Habitual intoxication or drug addiction

Answer: D

Explanation:
Under49 Pa. Code § 35.291(Reporting of Crimes and Disciplinary Actions), a real estate licensee may face disciplinary action for engaging inunethical conduct, fraud, or incompetence. One of the reasons listed is habitual intoxication or drug addiction, as thisimpairsthe licensee's ability toproperly conduct real estate activities.
* A felony conviction (Option D - Incorrect) does not automatically result in disciplinebut is reviewed by the Commission.
* Failure to pay taxes (Option C - Incorrect) is a federal issue, not a licensing violation.
* Car insurance (Option A - Incorrect) is unrelated to a real estate license.

NEW QUESTION # 51
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. The fair market value of the prize.
B. How many others have won similar prizes.
C. The names of any stores that will exchange the prize.
D. Where the prize was manufactured.

Answer: A

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.

NEW QUESTION # 52
A salesperson secures a listing priced at $110,000. A prospective buyer asks the salesperson to write a
$65,000 offer for the property. The salesperson should:

A. Suggest that the buyer have another licensee prepare the offer.
B. Prepare the offer as requested and present it to the seller.
C. Prepare the offer as requested but not waste the seller's time presenting it.
D. Advise the buyer to offer more for the property since the seller is unlikely to accept such a low offer.

Answer: B

Explanation:
Under49 Pa. Code § 35.292 (Duties of Licensees Generally),a real estate licensee is required to present all written offers to the seller, regardless of the amount.
* It is the seller's right to accept, reject, or counter an offer, not the salesperson's decision.
* A salesperson cannot refuse to submit an offer based on personal opinions about the price.
* Presenting all offers ensures fair dealings and upholds fiduciary duty to the seller.
Why the other answers are incorrect:
* Option B (Not Waste the Seller's Time):It is the seller's decision to accept or reject an offer, not the salesperson's.
* Option C (Advise Buyer to Offer More):A licensee must remain neutral and cannot pressure a buyer to increase their offer.
* Option D (Suggest Buyer Use Another Agent):There is no reason to transfer the buyer to another agent. The agent must present the offer.

NEW QUESTION # 53
......

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