REPA_SALES_S EXAM CRAM PDF, REPA_SALES_S PDF TORRENT

RePA_Sales_S Exam Cram Pdf, RePA_Sales_S Pdf Torrent

RePA_Sales_S Exam Cram Pdf, RePA_Sales_S Pdf Torrent

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Pennsylvania Real Estate Commission PA Salesperson State Exam Sample Questions (Q47-Q52):

NEW QUESTION # 47
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. Designated buyer agent
  • B. Sub-agent of the buyer
  • C. Dual agent
  • D. Transaction licensee

Answer: C

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 # 48
Which of the following is a REQUIRED general duty of a licensee?

  • A. Provide assistance with document preparation.
  • B. Accept liability and responsibility for acts of the consumer.
  • C. Independently verify the accuracy of any representation on a property condition disclosure statement.
  • D. Conduct an independent inspection of the property.

Answer: C

Explanation:
Under68 Pa. C.S. §§ 7301-7314 (Real Estate Seller Disclosure Law),a licensee has a duty to ensure that the property condition disclosure statement is complete and accurate as provided by the seller.
* While the licensee does not conduct a formal property inspection, they must not ignore material defects that are apparent or known to them.
* If a licensee knows of an issue that contradicts the seller's disclosure, they must disclose this to the buyer to prevent misrepresentation.
* This protects consumers from fraudulent or misleading property conditions.
Why the other answers are incorrect:
* Option A (Independent Inspection):A licensee is not a home inspectorand is not required to perform a physical inspection.
* Option C (Accept Consumer Liability):A licenseeis not responsible for actions taken by a buyer or seller.
* Option D (Document Preparation Assistance):A licenseecan help explain documents but cannot prepare legal contracts without an attorney.


NEW QUESTION # 49
Which of the following phrases in a rental ad may be permissible?

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

Answer: B

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 # 50
When a licensed salesperson changes from one broker to another, the Pennsylvania Real Estate Commission MUST be notified within how many days after the intended date of the change?

  • A. 0
  • B. 1
  • C. 2
  • D. 3

Answer: B

Explanation:
Under49 Pa. Code § 35.301 (Changes in Employment Status),a salesperson must notify the Pennsylvania Real Estate Commission within 10 days of switching brokers.
* This ensures that the Commission's records remain up-to-date and that the salesperson is properly licensed under a supervising broker.
* Failure to report the change within 10 days can result in disciplinary action.
Why the other answers are incorrect:
* Option A (5 Days):The regulation clearly states10 days, not 5.
* Option C (15 Days):Thisexceeds the allowed time framefor notification.
* Option D (30 Days):Waiting 30 days is too long and would violate Pennsylvania licensing laws.


NEW QUESTION # 51
If a client requests to list their home for much more than the comparable market analysis (CMA) recommends, what is the duty of the salesperson?

  • A. Require the seller to receive an appraisal before listing the property
  • B. Refuse the listing because accepting the listing would violate the Pennsylvania Real Estate Licensing and Registration Act
  • C. Advise the client as to the reason it is in their best interest to list the property closer to the comparable market value
  • D. Provide the client financial advice as to how they can invest their assets to earn the amount they would like to receive

Answer: C

Explanation:
Areal estate licensee has a fiduciary duty to provide honest, professional advice to their clients, including pricing strategies based oncomparative market analysis (CMA).
* Under 49 Pa. Code § 35.292 (Duties of Licensees Generally), a licensee must act in the best interest of the client, which includes providing realistic pricing guidance.
* If a seller insists on listing at an inflated price, the agent should educate them on the risks, such as longer market time and reduced buyer interest.
* While the agent cannot force a seller to list at a lower price, they must ensure that the client makes an informed decision.
Why the other answers are incorrect:
* Option A (Require an Appraisal):CMAs are typically sufficient for pricing; an appraisal is only required in specific cases (e.g., lender requirements).
* Option B (Refuse the Listing):Overpricing is not illegal, so there is no licensing violation in accepting the listing.
* Option D (Providing Investment Advice):Real estate licensees are not financial advisorsand should not offer investment strategies.


NEW QUESTION # 52
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