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Valid Exam RePA_Sales_S Book | Latest RePA_Sales_S Exam Answers

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Pennsylvania Real Estate Commission PA Salesperson State Exam Sample Questions (Q33-Q38):

NEW QUESTION # 33
When representing a seller, which of the following is a TRUE statement regarding the duties a licensee owes to the principal?

A. A licensee is required to keep confidential the price the seller would accept if lower than the list price.
B. A licensee is obligated to disclose to a consumer the minimum commission split between the licensee and the broker.
C. A licensee's obligation of confidentiality ends at the conclusion of the listing contract.
D. A licensee is not obligated to disclose the existence of another offer during negotiations on a purchase contract.

Answer: A

Explanation:
Alicensee has a fiduciary duty to keep the seller's pricing strategy confidential.
* 49 Pa. Code § 35.292 (Duties of Licensees Generally)states thata licensee must maintain confidentiality of information that could harm their client's negotiating position, including the minimum price the seller would accept.
* Confidentiality extends beyond the duration of the listing agreementunless the seller gives explicit permission to disclose information.
Why the other answers are incorrect:
* Option A (Confidentiality Ends After Listing):Confidentiality continueseven after the contract ends
.
* Option B (Not Disclosing Another Offer):In multiple-offer situations, disclosure may be required based on seller instructions.
* Option D (Commission Disclosure):The broker's commission arrangement isnot requiredto be disclosed to the public.

NEW QUESTION # 34
According to the Pennsylvania Real Estate Commission, which one of the following actions by a licensee is prohibited conduct?

A. Taking a listing that has a duration of only 2 months
B. Failure to disclose the licensee's use of a third party to acquire property listed by the licensee's office
C. Failure to engage legal counsel to respond to a Commission request for information stemming from a complaint about the licensee
D. Negotiating a commission that seriously undercuts those of other brokerage firms

Answer: B

Explanation:
A real estate licensee in Pennsylvania isprohibited from failing to disclose any personal interestin a transaction. This includesusing a third party to purchase property listed by the licensee's own office.
* 49 Pa. Code § 35.283 (Disclosure of Interest)requires that alicensee must disclose any financial interest they have in a transaction.
* If a licensee arranges for a third party (such as a relative or business associate) to purchase a property without disclosure, this is considered a serious ethical violation.
Why the other answers are incorrect:
* Option A (Short Listing Duration):Listingsdo not have a minimum required time period, so a2- month duration is permissible.
* Option B (Undercutting Commission):Commission feesare negotiable, and the Real Estate Commission does not set a minimum fee.
* Option D (Legal Counsel Not Required):Licenseesare not required to hire legal counselto respond to Commission complaints, but they must respond honestly and fully.

NEW QUESTION # 35
Which of the following phrases in a rental ad may be permissible?

A. Adults Only Building
B. Children 12 and Older Only
C. All Couples Apartment Building
D. Creek Village - an Age-Restricted Community

Answer: D

Explanation:
UnderThe Federal Fair Housing Act (42 U.S.C. § 3604) and the Pennsylvania Human Relations Act (PHRA), it is illegal to discriminate against renters or buyers based onfamily status, which includes children.
However,age-restricted housing is allowed under certain conditions.
* Housing communities designated as "55 and older" or "62 and older" are legally permitted under the Housing for Older Persons Act (HOPA), provided they meet federal guidelines.
* Option C (Creek Village - an Age-Restricted Community) is lawful because it indicates compliance with HOPA, meaning at least 80% of residents are over 55.
Why the other answers are incorrect:
* Option A (Children 12 and Older Only):Discriminating against families with young children violates theFair Housing Act (FHA).
* Option B (Adults Only Building):Landlords cannot prohibit families with children from renting.
* Option D (All Couples Apartment Building):This discriminates againstsingle renters and violates fair housing laws.

NEW QUESTION # 36
A real estate ad in a newspaper placed by a salesperson MUST include the:

A. Municipality in which the property is located.
B. Legal description of the property.
C. Name of the principal.
D. Employing broker's name and phone number.

Answer: D

Explanation:
Under49 Pa. Code § 35.305 (Business Name on Advertisements),any advertisement placed by a real estate salesperson must include the name and phone number of their employing broker.
* This ensures that the public knows which brokerage is responsible for the property listing and avoids misleading or unverified advertisements.
* A salesperson cannot advertise properties without clearly identifying their broker to ensure compliance with advertising regulations.
Why the other answers are incorrect:
* Option A (Municipality):While useful,this is not required in every ad.
* Option B (Legal Description):A legal property descriptionis not requiredfor advertisements.
* Option D (Name of the Principal):The seller's name does not need to be included in advertisements.

NEW QUESTION # 37
Can a licensed real estate broker prepare an appraisal for a new loan on property that the broker has listed for sale?

A. Yes, if the appraisal is done before an offer to purchase is accepted by the seller.
B. Yes, if the appraisal is identified as a comparative market analysis.
C. Yes, with proper disclosure to the lender about the broker's qualifications.
D. No, real property appraisals are not within the scope of practice for a real estate broker.

Answer: D

Explanation:
UnderThe Pennsylvania Real Estate Appraisers Certification Act (63 P.S. § 457.1-457.19),only a state- certified or licensed appraiser can perform real estate appraisals for loan purposes.
* Real estate brokers and salespersons can perform Comparative Market Analyses (CMAs) but cannot legally perform an appraisal for a lender.
* This restriction ensures that appraisals used for lending purposes meet state and federal standards.
Why the other answers are incorrect:
* Option A (CMAs as Appraisals):CMAs arenotappraisals.
* Option B (Before Offer Accepted):Thetiming of the appraisal does not change licensing requirements.
* Option C (Disclosure to Lender):Even with disclosure,brokers are not permitted to conduct appraisals for loans.

NEW QUESTION # 38
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