Get Real Estate Licensing RePA_Sales_S Exam Practice Questions - Real and Updated

Answer : B

Under 49 Pa. Code 35.291 (Reporting of Crimes and Disciplinary Actions), a real estate licensee may face disciplinary action for engaging in unethical conduct, fraud, or incompetence. One of the reasons listed is habitual intoxication or drug addiction, as this impairs the licensee's ability to properly conduct real estate activities.

A felony conviction (Option D - Incorrect) does not automatically result in discipline but is reviewed by the Commission.

Failure to pay taxes (Option C - Incorrect) is a federal issue, not a licensing violation.

Car insurance (Option A - Incorrect) is unrelated to a real estate license.

49 Pa. Code 35.291 -- Reporting of Crimes and Disciplinary Actions

Answer : B

Under 49 Pa. Code 35.331 (Written Agreements Generally), all parties must receive a copy of a signed offer within 1 business day of acceptance.

This ensures that buyers and sellers have full documentation of the transaction.

Delaying delivery of signed contracts can lead to disputes and potential violations of real estate regulations.

Why the other answers are incorrect:

Option A (24 Hours): While fast delivery is preferred, the law specifically states ''1 business day.''

Option C (At Closing): Buyers must receive a copy well before closing.

Option D (Reasonably Practicable Time): This is too vague and does not meet the specific 1-business-day requirement.

49 Pa. Code 35.331 -- Written Agreements Generally

Answer : A

According to 49 Pa. Code 35.283 (Compensation and Commission), a salesperson 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).

49 Pa. Code 35.283 -- Compensation and Commission

Answer : C

Under 49 Pa. Code 35.283 (Disclosure of Interest), a real estate licensee must disclose in writing if they have a direct or indirect ownership interest in a property they are selling or purchasing.

This disclosure ensures transparency and prevents conflicts of interest.

Failure to disclose ownership interest could be considered fraudulent and result in disciplinary action by the Pennsylvania Real Estate Commission.

Why the other answers are incorrect:

Option A (Commission Notification Required): The Commission does not need to be notified unless a violation occurs.

Option B (Listing Agreement Disclosure): Disclosure is not required in the listing agreement but must be made to all parties.

Option D (Percentage of Ownership on Contract): The specific percentage of ownership is not required to be on the contract; general disclosure is sufficient.

49 Pa. Code 35.283 -- Disclosure of Interest

Answer : C

Under 49 Pa. Code 35.241 (Supervision and Operation of Offices), a licensed real estate salesperson must be supervised by a broker or an associate broker designated by the broker.

A broker may assign an associate broker (who has passed the broker exam but does not own the brokerage) to oversee salespersons.

Salespersons cannot work independently; they must work under the direction of a licensed broker or an assigned associate broker.

Why the other answers are incorrect:

Option A (Team Leader): A team leader is not a formal supervisory position under Pennsylvania law unless they are an associate broker or broker.

Option B (Salesperson): A salesperson cannot supervise other salespersons.

Option D (Transaction Coordinator): A transaction coordinator handles paperwork but does not supervise licensees.

49 Pa. Code 35.241 -- Supervision and Operation of Offices