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Within what time limit of a court judgment, including review and appeals, must an aggrieved party file an application for compensation from the Pennsylvania Real Estate Recovery Fund?
1 year
The official approval of a Pennsylvania Real Estate School must come from
Pennsylvania Real Estate Commission
Within how many years of passing the real estate licensing examination must a salesperson candidate have successfully completed his or her required hours of real estate instruction?
10
Which of the following statements is true concerning the advertisement for the solicitation of the sale of real estate lots with prizes and gifts?
The licensee shall have records of the name and address of each person who responded to the advertisement but did not receive a prize or gift
A broker can leave a "For Sale" sign on a property on which an exclusive right to sell listing has expired under which of the following circumstances?*
1/1
With permission in writing of the seller
If the Pennsylvania Real Estate Commission discovers a person has obtained a real estate license due to false representation, the Commission may do all of the following EXCEPT
Levy a fine of $2,000
If a broker terminates the employment of a licensed salesperson working for that broker because of dishonesty, the broker should report this information to
The Real Estate Commission
A candidate for licensure as a broker must prove to the Pennsylvania Real Estate Commission that he or she has successfully completed the necessary educational requirements
When submitting the written application to be eligible for the broker's licensing examination
A real estate broker must make all of the following disclosures to a prospective buyer/ tenant or seller/landlord during the initial interview EXCEPT
A disclosure of broker's business name, business address and real estate license number
At what time does Pennsylvania law requires brokers and salespersons to provide a "Consumer Notice" to all consumers who are seeking to sell, purchase or lease residential or commercial real estate?
At the point of the first meeting in which a substantive discussion about real estate occurs
The Pennsylvania real estate rule involving a time limit of one year pertains to which of the following
The time limit that an exclusive agreement for listing property may not exceed
A salesperson introduces a blind prospective tenant with a seeing eye dog to a rental apartment. If the prospective tenant wants to rent the apartment but the lease has a "no pets" provision, the salesperson must
Allow the prospective tenant to enter into the lease
A person wishes to file a complaint regarding racial discrimination as it applies to the sale or rental of housing. That person can file a complaint using all of the following means EXCEPT
A criminal charge in the Prothonotary's Office
The Pennsylvania Real Estate Commission's right to re-issue a license to a broker whose license has been revoked occurs after
5 years
When the Pennsylvania Real Estate Commission suspends the license of a cemetery broker or broker, which of the following is true
The license of the cemetery broker or broker must be given back to the Commission
Salesperson Amy Jordan working for Top Flite Realty Inc. lists a property for sale with a net listing contract. Salesperson John Sunderland working through Ace Real Estate finds a buyer. If the sale is consummated/ from whom may salesperson Sunderland receive a commission?
The broker of record of the cooperating real estate office
A Pennsylvania real estate office must have which of the following
An exterior office sign on which is listed the name of the business
The Pennsylvania Real Estate Recovery Fund receives its income from
Real estate licensees
The Pennsylvania rule involving a time period of three years pertains to which of the following
The time period for which a broker must keep records of all real estate transactions
How many hours of real estate instruction would an unlicensed person need to be eligible for a real estate broker's license?
300 hours
Ann Dunking, a broker, can complete which of the following real estate transactions without needing her real estate license
Buy an investment property for herself
Which one of the following statements is true about a one year lease on real property located in Pennsylvania and arranged by a Pennsylvania real estate licensee between a lessor and a lessee?
It must be in writing
If a salesperson assists a broker in the management of real property, which of the following statements applies?
The salesperson may negotiate the terms of a lease but only if acting under the supervision and control of the employing broker.
Broker Santillo lists and shows a house based on information provided by the owners that the house had recent renovations including a new roof and all new windows. Salesperson Todd discovers that two of the windows in the house were original windows. Santillo and Todd should
Inform both the seller and the buyer and all real estate agents involved with the listing and showing of the property
Salesperson Casey has sold many homes for Developer Sanchez. To show his special appreciation Sanchez gives to Casey an $20,000 cash gift. Casey can
Accept the gift provided it comes through his affiliated broker
If a seller forbids a broker to sell his property to a particular minority group, the broker should
Refuse to accept the listing
A salesperson violates the Pennsylvania Human Relations Act when she
Tells a prospective buyer that a property is not for sale when it actually is for sale
Advises a minority couple that they cannot purchase a property in a particular subdivision
According to the Pennsylvania Human Relations Act, it is illegal to deny the sale of real estate based on all of the following criteria EXCEPT
A client having recently filed for personal bankruptcy
In the event a real estate office terminates its business and closes up, the licensed real estate agents at that office are required by Pennsylvania law to make an application to the Real Estate Commission identifying a new office location either prior to removal of the old office or within how many days following the termination?
10
A broker licensed as Thomas Atwater Real Estate may advertise and conduct his real estate business under which of the following names?
NEITHER
Thomas Atwater Realty
Atwater Real Estate