Free Pennsylvania Real Estate Commission RePA_Sales_S Exam Dumps Questions & Answers

According to the Pennsylvania Landlord-Tenant Act, a tenant must be notified of the final disposition of their security deposit within what time period following the end of the lease?

• A.  Within 5 days
• B.  Within 30 days
• C.  Within 60 days
• D.  Immediately upon completion of the landlord's final inspection of the premises

A person is employed by a real estate owner to manage a multifamily residential property. Which of the following activities is the person permitted to perform without a real estate license?

• A.  Provide information on rental amounts and building rules and regulations.
• B.  Negotiate terms and conditions of occupancy.
• C.  Enter into leases on behalf of the owner.
• D.  Hold money belonging to tenants other than on behalf of the owner.

In order to renew a real estate license in Pennsylvania, the licensee:

• A.  must take 14 hours of CE courses specifically mandated by the Real Estate Commission.
• B.  must include in the required hours of CE any course mandated by the Real Estate Commission within the current licensing period.
• C.  may include excess hours carried over from the previous licensing period to reach the total CE hours required for the current license term.
• D.  may take any combination of approved CE courses adding up to 14 hours of classroom instruction.

Interest earned on an escrow account is:

• A.  Payable to the broker holding the deposit.
• B.  Equally divided between the buyer and seller.
• C.  Payable subject to an agreement between the parties.
• D.  Equally divided between the listing and selling brokers.

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

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