real estate license practice

How many hours of education must you have to qualify for a salesperson license in Pennsylvania? 120 hours in approved real estate instruction, including fair housing and ethics 240 hours in approved real estate instruction, including fair housing and ethics 75 hours in approved prelicense education, including fair housing and ethics 90 hours in approved real estate instruction, including fair housing and ethics

75 hours in approved prelicense education, including fair housing and ethics

Which option describes the salesperson application process in Pennsylvania? Apply in writing on an approved form after you have three years of real estate experience. Apply in writing on an approved form after you turn 21. Apply in writing on an approved form within three years of passing exam, include place of business for which license is desired. Apply in writing on an approved form within three years of passing exam, include sworn statement by broker that will supervise and train the applicant.

Apply in writing on an approved form within three years of passing exam, include sworn statement by broker that will supervise and train the applicant.

Which of the following license holders in Pennsylvania can legally sell timeshares? Arthur, a real estate salesperson Arthur, Bonnie, and Charlene can all sell timeshares. Bonnie, a real estate broker Charlene, a timeshare salesperson

Arthur, Bonnie, and Charlene can all sell timeshares.

Estelle acted as a Pennsylvania transaction licensee for a transaction. The relationship was established via written disclosure statement. How long must the broker retain a copy of this statement? At least five years At least one year At least six months At least three years

At least six months

Gary works as a full-time employee for Charles who developed and owns Falcon Heights Condominiums, a multi-family dwelling in Pennsylvania. As part of his duties, Gary lists, sells and offers units for sale within the complex. Which of the following best describes Gary? Associate broker Builder-owner salesperson Salesperson Timeshare salesperson

Builder-owner salesperson

In Pennsylvania, who or what entity receives complaints filed against a licensee? Department of State The affiliated broker The Bureau of Real Estate Professionalism The State Real Estate Commission

Department of State

Which of the following individuals can perform the action mentioned without first obtaining a real estate license in Pennsylvania? Kathy has listed the Miller home and will receive 3% commission when it sells. Linda sells memberships at area campgrounds. Mark is selling his brother's home as the executor of his estate. Tyler performs comparative market analyses for consumers for a flat fee.

Mark is selling his brother's home as the executor of his estate.

Which of the following statements about renewing your Pennsylvania license and continuing education is true Pennsylvania does not have a continuing education requirement as part of license renewal. Pennsylvania requires licensees to complete a specified number of continuing education hours each license period to keep their licenses current. Pennsylvania requires licensees to take a specified number of continuing education hours every other year as part of license renewal. Pennsylvania requires licensees to take continuing education courses each year but there is no specific number of hours that must be met.

Pennsylvania requires licensees to complete a specified number of continuing education hours each license period to keep their licenses current.

Stella wants to obtain a real estate license in Pennsylvania. Which one of these aspects of the licensing process does the Pennsylvania Real Estate Commission have the authority to perform? Conduct Stella's licensing exam. Identify who will be Stella's broker. Promulgate the rules and regulations that set licensing requirements. Set Stella's commission rates.

Promulgate the rules and regulations that set licensing requirements.

Which of the following individuals is acting within Pennsylvania license law? Leo convinces his neighbor Nelly to cancel the listing agreement she entered into with another licensee so that he can sell her house and earn the commission. He offers to kick back a portion of the commission to Nelly as a thank you. Savannah didn't put a for sale sign in the yard of her new listing until she had a written contract in place permitting her to do so. Thomas just received a commission check for a closed transaction. He sends a portion of that commission to his associated licensee who represented the seller, and a portion to the salesperson from another brokerage who represented the buyer. Upset that his seller suddenly decided to take his property off the market after a couple weeks of activity, Noel gets his frustration out by shredding all the documents related to the transaction.

Savannah didn't put a for sale sign in the yard of her new listing until she had a written contract in place permitting her to do so.

Celia holds a cemetery salesperson's license in Pennsylvania. What can we reasonably assume about her? She has at least three years' experience. She isn't supervised by a broker. She's at least 18. She's completed pre-licensing education.

She's at least 18.

Tony has been a real estate salesperson in Pennsylvania for two years. He currently works for ABC Realty in Scranton. However, he is interested in associating with XYZ Brokerage in the Poconos, where he has a second home. Which of the following is the best option for Tony? Tony can keep his salesperson license and work for ABC Realty and apply for a broker license to work for XYZ Brokerage. Tony can work for ABC Realty and XYZ Brokerage at the same time, as long as he splits his time equally between the two brokers. Tony should decide to work for either ABC Realty or XZY Brokerage, but can't work for both at the same time. Tony should open a branch office in the Poconos so he can practice real estate in both places.

Tony should decide to work for either ABC Realty or XZY Brokerage, but can't work for both at the same time.

Zed owns a real estate brokerage in Pennsylvania. Associated with him are salesperson Yolanda and broker Xavier. Who employs who? Either Zed or Xavier employs Yolanda. No one employs anyone. Zed employs Yolanda and Xavier. Zed employs Yolanda as a salesperson, but not Xavier as a broker.

Zed employs Yolanda and Xavier.