Pennsylvania Real Estate Commission PA Salesperson State - RePA_Sales_S Exam Practice Test

A. Should be transmitted promptly after receipt to the broker.

B. Should be returned to the buyer to transmit to the broker.

C. May be kept temporarily in an escrow account opened by the salesperson.

D. May be held by the salesperson for 3 business days.

A. Review escrow accounts.

B. Impose fines.

C. Certify residential appraisers.

D. Suspend or revoke real estate licenses.

A. Provide the Real Estate Commission with information about the conviction

B. Immediately turn in the real estate license to the Real Estate Commission

C. Discuss the matter with the employing broker to decide what to do

D. Terminate all real estate activities

A. Agree to split commissions with another licensee and pay the split directly to the other licensee.

B. Pay a referral fee directly to another licensed salesperson.

C. Directly receive a commission from the buyer as well as the seller.

D. Receive commission and bonuses through their broker.

A. Conduct an independent inspection of the property.

B. Independently verify the accuracy of any representation on a property condition disclosure statement.

C. Accept liability and responsibility for acts of the consumer.

D. Provide assistance with document preparation.

A. Showing apartments to prospective renters

B. Entering into leases

C. Providing information on rental amounts to prospective renters

D. Distributing building rules and regulations