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Real Estate Licensing RePA_Sales_S Exam Dumps

Real Estate Licensing RePA_Sales_S Exam Dumps

Certification Exams

Number Of Questions

50

$ 39

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Description

Exam Name: Pennsylvania Salesperson State Exam
Exam Code: RePA_Sales_S
Related Certification(s): Real Estate Licensing Exams Certification
Certification Provider: Real Estate Licensing
Number of RePA_Sales_S practice questions in our database: 50

Description

Exam Name: Pennsylvania Salesperson State Exam
Exam Code: RePA_Sales_S
Related Certification(s): Real Estate Licensing Exams Certification
Certification Provider: Real Estate Licensing
Number of RePA_Sales_S practice questions in our database: 50

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Q1. The provisions of the Real Estate Licensing and Registration Act apply to:

A.A trustee who participates in real estate transactions under the authority of a court order.

B. An attorney-at-law who participates in real estate transactions on behalf of a client.

C. A real estate licensee selling real estate they own.

D. A licensed auctioneer who is auctioning property.

Correct Answer: C

Q2. What is the status of a person's real estate license after a claim has been paid from the Real Estate Recovery Fund to settle a claim against that licensee?

A.Active

B. Inactive

C. Reinstated

D. Suspended

Correct Answer: D

Q3. 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. disclose in all advertising that the owner of the property is a real estate licensee

C. offer a sales commission or fee to cooperating brokers

D. have an active license

Correct Answer: B

Q4. The Commission, after obtaining the facts of a verified complaint against a licensee, holding a hearing, and finding that licensee guilty, may:

A.Levy a fine of $2,000 - $5,000 if this is the licensee's first offense.

B. Suspend or revoke a license and/or levy a fine of $1,000 or less.

C. Make the licensee take up to 20 hours of ethics training.

D. Imprison a licensee for no more than 90 days.

Correct Answer: B

Q5. 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.Initiate a title search of the property.

B. Recommend a professional inspection of the property.

C. Disclose their dual representation, in writing, to both buyer and seller.

D. Disclose to the listing broker or the seller that they represent the buyer.

Correct Answer: D

$ 39

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