RELIABLE REPA_SALES_S TEST CRAM, LATEST REPA_SALES_S BRAINDUMPS SHEET

Reliable RePA_Sales_S Test Cram, Latest RePA_Sales_S Braindumps Sheet

Reliable RePA_Sales_S Test Cram, Latest RePA_Sales_S Braindumps Sheet

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Tags: Reliable RePA_Sales_S Test Cram, Latest RePA_Sales_S Braindumps Sheet, Guide RePA_Sales_S Torrent, Reliable RePA_Sales_S Dumps Questions, Real RePA_Sales_S Torrent

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Pennsylvania Real Estate Commission PA Salesperson State Exam Sample Questions (Q45-Q50):

NEW QUESTION # 45
What MAXIMUM length of time may a salesperson's real estate license be inactive before reactivation ceases to be possible without retaking and passing the licensing examination?

  • A. 4 years
  • B. 2 years
  • C. 5 years
  • D. 3 years

Answer: C

Explanation:
If a real estate license is inactive formore than 5 years, the licenseemust retake and pass the licensing exam to reinstate their license.
* 49 Pa. Code § 35.251 (Relicensure Following Revocation or Inactive Status)states that alicensee who has been inactive for over 5 years must complete all initial licensing requirements again, including the exam.
* A licensee can keep their license in inactive status indefinitely, but after 5 years, it requires reexamination.
Why the other answers are incorrect:
* Option A (2 Years) & Option B (3 Years):Licenseesmay reactivate their license within this period without retaking the exam.
* Option C (4 Years):Thelimit is 5 years, not 4.


NEW QUESTION # 46
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.

Answer: C

Explanation:
Under63 P.S. § 455.304 (Exemptions from Licensing Requirements),most individuals selling their own property are exempt from real estate licensing requirements.However, a real estate licensee selling their own real estate must comply with disclosure laws and ethical obligations.
* If a real estate licensee sells their own property, they must disclose in all advertising that they are a licensed real estate professionalto avoid misleading the public.
* While a non-licensee selling their own property is not covered under real estate licensing laws, a licensed salesperson must adhere to licensing and disclosure laws.
Why the other answers are incorrect:
* Option A (Trustee under Court Order):Court-appointed trustees are exempt from real estate licensing requirements.
* Option B (Attorney Representing Clients):Attorneys are permitted to handle real estate transactions as part of their legal practice without a real estate license.
* Option D (Licensed Auctioneer):Auctioneers selling real estate are regulated under separate auctioneer licensing laws, not real estate licensing laws.


NEW QUESTION # 47
An owner sells a house through a salesperson who works as an independent contractor for a broker. Before the closing, the owner fires the broker. However, the owner agrees to pay the salesperson a $1,000 fee for services. Which of the following is TRUE?

  • A. The salesperson cannot legally accept the $1,000.
  • B. The salesperson may only accept the $1,000 with the broker's consent.
  • C. The salesperson may legally accept the $1,000.
  • D. The owner can cancel any part of the sales contract at any time.

Answer: A

Explanation:
According to49 Pa. Code § 35.283(Compensation and Commission), asalesperson may not accept compensation from anyone other than their employing broker.
* A salesperson cannot accept direct payments from an owner or buyer (Option A - Correct).
* The owner cannot cancel the sales contract unilaterally (Option B - Incorrect).
* The salesperson may only be compensated through the broker, even if the owner agrees to direct payment (Option C & D - Incorrect).


NEW QUESTION # 48
A salesperson is representing a buyer who wants to make an offer on a property that is listed by another licensee in her office. Without the listing licensee's knowledge, she becomes aware that the sellers are getting divorced. In what capacity would the salesperson NOT be able to share the information?

  • A. Dual agent
  • B. Transaction licensee
  • C. Sub-agent of the buyer
  • D. Designated buyer agent

Answer: A

Explanation:
Under49 Pa. Code § 35.314 (Duties of Dual Agents),a dual agent represents both the buyer and seller in the same transaction and must maintain neutrality by not disclosing confidential information unless required by law.
* If the salesperson has knowledge that the sellers are getting divorced, this is considered confidential information that could harm their negotiating position.
* Dual agents cannot disclose confidential facts that would disadvantage either party unless both parties agree in writing.
* Disclosure of confidential details in a dual agency scenario would be a violation of Pennsylvania real estate law.
Why the other answers are incorrect:
* Option B (Sub-Agent of Buyer):Asub-agent of the buyer has a fiduciary duty to the buyer and may disclose information that benefits them.
* Option C (Transaction Licensee):Atransaction licensee does not represent either party and may disclose non-confidential information.
* Option D (Designated Buyer Agent):Adesignated agent works solely for the buyer and is free to disclose information that benefits them.


NEW QUESTION # 49
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 # 50
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