What MUST a licensee do before she can advertise, show, or offer a property?
Answer(s): B
Before advertising, showing, or offering any property, a real estate licensee must obtain written authorization from the property owner. This is a legal requirement to ensure that the licensee has the right to represent the property.49 Pa. Code § 35.331 (Written Agreements Generally) states that a real estate licensee must have a written agreement with the property owner before performing any real estate services, including advertising and showing the property.49 Pa. Code § 35.332 (Exclusive Listing Agreements) further clarifies that exclusive agreements must be in writing and signed by both the owner and broker.Without the owner's written consent, a licensee could be subject to penalties or disciplinary action from the Pennsylvania Real Estate Commission.Why the other answers are incorrect:Option A (Preliminary Appraisal): Licensees are not required to conduct appraisals unless they are certified appraisers.Option C (List of Clients): There is no requirement to provide a history of past transactions before listing or advertising a property.Option D (Comparative Market Analysis - CMA): A CMA is useful for pricing but is not required before advertising or showing a property.
49 Pa. Code § 35.331 Written Agreements Generally49 Pa. Code § 35.332 Exclusive Listing Agreements
According to the Pennsylvania Real Estate Commission, which one of the following actions by a licensee is prohibited conduct?
Answer(s): C
A real estate licensee in Pennsylvania is prohibited from failing to disclose any personal interest in a transaction. This includes using a third party to purchase property listed by the licensee's own office.49 Pa. Code § 35.283 (Disclosure of Interest) requires that a licensee must disclose any financial interest they have in a transaction.If a licensee arranges for a third party (such as a relative or business associate) to purchase a property without disclosure, this is considered a serious ethical violation.Why the other answers are incorrect:Option A (Short Listing Duration): Listings do not have a minimum required time period, so a 2- month duration is permissible.Option B (Undercutting Commission): Commission fees are negotiable, and the Real Estate Commission does not set a minimum fee.Option D (Legal Counsel Not Required): Licensees are not required to hire legal counsel to respond to Commission complaints, but they must respond honestly and fully.
49 Pa. Code § 35.283 Disclosure of Interest
In order to renew a real estate license in Pennsylvania, the licensee:
In Pennsylvania, a real estate licensee must complete 14 hours of continuing education (CE) courses during each renewal period. Additionally, if the Pennsylvania Real Estate Commission mandates a specific CE course during the licensing cycle, licensees are required to take that course.49 Pa. Code § 35.382 (Continuing Education Requirements) states that a licensee must complete the specific courses required by the Commission for each licensing cycle.Some renewal periods require specific courses, such as ethics or law updates, to ensure that licensees remain compliant with changing regulations.Why the other answers are incorrect:Option A (14 Hours Specifically Mandated): While some courses may be mandatory, licensees can choose others from an approved list.Option B (Any Combination of 14 Hours): Some specific courses are required, meaning licensees cannot just pick any course.Option D (Carrying Over CE Hours): Continuing education hours do not carry over from one licensing period to another.
49 Pa. Code § 35.382 Continuing Education Requirements
What MAXIMUM length of time may a salesperson's real estate license be inactive before reactivation ceases to be possible without retaking and passing the licensing examination?
Answer(s): D
If a real estate license is inactive for more than 5 years, the licensee must retake and pass the licensing exam to reinstate their license.49 Pa. Code § 35.251 (Relicensure Following Revocation or Inactive Status) states that a licensee who has been inactive for over 5 years must complete all initial licensing requirements again, including the exam.A licensee can keep their license in inactive status indefinitely, but after 5 years, it requires reexamination.Why the other answers are incorrect:Option A (2 Years) & Option B (3 Years): Licensees may reactivate their license within this period without retaking the exam.Option C (4 Years): The limit is 5 years, not 4.
49 Pa. Code § 35.251 Relicensure Following Revocation or Inactive Status
Which of the following activities performed by the manager of a multifamily dwelling REQUIRES a real estate license?
Answer(s): A
A real estate license is required to enter into leases on behalf of a landlord because this involves negotiating real estate transactions.According to 49 Pa. Code § 35.201 (Definitions), property management activities that include leasing, collecting rent, and negotiating lease terms require a real estate license.A property manager who is actively negotiating leases must hold a real estate license unless they are directly employed by the property owner.Why the other answers are incorrect:Option B (Distributing Rules): This does not require a license since it is administrative.Option C (Showing Apartments): Showing apartments does not require a license as long as no negotiations occur.Option D (Providing Rental Info): Providing information is not negotiating a lease, so a license is not needed.
49 Pa. Code § 35.201 Definitions
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