Free Pennsylvania Real Estate Commission RePA_Sales_S Exam Dumps Questions & Answers

The Commission, after obtaining the facts of a verified complaint against a licensee, holding a hearing, and finding that licensee guilty, may:

• A.  Imprison a licensee for no more than 90 days.
• B.  Make the licensee take up to 20 hours of ethics training.
• C.  Levy a fine of $2,000 - $5,000 if this is the licensee's first offense.
• D.  Suspend or revoke a license and/or levy a fine of $1,000 or less.

The Pennsylvania Real Estate Commission has received a written complaint that a licensee is engaging in an activity prohibited by the Real Estate Licensing and Registration Act. What action is the Commission empowered to take?

• A.  Ascertain the facts and, if warranted, hold a hearing.
• B.  Serve the licensee with a cease and desist order.
• C.  Transfer the matter to civil authorities in the county in which the alleged activity occurred.
• D.  Suspend the licensee's license for a period not to exceed 6 months.

What is the status of a person's real estate license after a claim has been paid from the Real Estate Recovery Fund to settle a claim against that licensee?

• A.  Inactive
• B.  Reinstated
• C.  Suspended
• D.  Active

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

What are the permitted relationships between licensees and consumers as defined by the "Consumer Notice" and Pennsylvania regulations?

• A.  Buyer agent, seller agent, designated dual agent, and transaction licensee.
• B.  Buyer agent, buyer sub-agent, seller agent, seller sub-agent, and dual agent.
• C.  Buyer agent, seller agent, designated agent, dual agent, and transaction licensee.
• D.  Buyer agent, seller agent, designated agent, dual agent, and rental agent.