PA REAL Estate Portion Exam Newest 2025 Complete All

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PA REAL Estate Portion Exam Newest 2025 Complete All 100 Questions And Correct Detailed Answers (Verified Answers)|Already Graded A+

Which of the following types of housing discrimination is NOT covered by the state law?

• age
• gender
• mental disability
• income level - ANSWER-D. income level

A licensee representing a seller secured a signed contract with no contingencies. Shortly before the scheduled closing, another offer well above the asking price but with major contingencies was presented.Unless directed otherwise in writing by the seller, the licensee with the original contract should

• inform the cooperating broker that the property is under contract

and not open to further offers, especially those with major contingencies

• promptly present the new offer to the seller, explain to them their

obligations, and recommend legal counsel 1 / 4

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• ignore the offer but attempt to interest the cooperating broker in a

comparable property listed by the firm

• explain to the new offer or that the property is sold and that

cooperating broker should have read more carefully the listing firms.. - ANSWER-b. promptly present the new offer to the seller, explain to them their obligations, and recommend legal counsel

A broker advertised that during the year, his company had $92,000,000 of volume. Upon investigation, his records indicated that he listed $92,000,000 of real estate but closed only $27,000,000. This is an example of

• untruthful or misleading statements in advertising
• puffing
• a valid advertisement if the municipality that compares the "market"

is specified

• a felony related to the profession - ANSWER-a. untruthful or

misleading statements in advertising

The promotion of a time-share project includes the offer of a prize. Such a promotion MUST

• require attendance at a sales presentation
• limit the number of prizes to be awarded
• disclose that the purpose is to solicit timeshare purchasers 2 / 4

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• deliver the exact prize offered in any advertisement without

substitution - ANSWER-D. deliver the exact prize offered in any advertisement without substitution

if a licensee advertises prizes as part of a promotion for the sale of real estate, which of the following MUST be included in the advertisement?

• the fair market value of the prize
• where the prize was manufactured
• how many others have won similar prizes
• the dames of any stores that will exchange the prize - ANSWER-a. the

fair market value of the prize

The PA human relations act places limits on factors that may be considered when marketing property. It is permissible to advertise that the property is located

• within walking distance to a jewish synagogue
• in a popular catholic parish
• in an integrated neighborhood
• near shopping center and transportation - ANSWER-d. near shopping

center and transportation

if known, the listing broker MUST disclose which of the following to a prospective buyer? 3 / 4

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• that the sellers mortgage is assumable
• that the seller has accepted a position in another state
• that the seller has filed for divorce
• that the sellers water system is contaminated - ANSWER-d. that the

sellers water system is contaminated

A licensee violates PA real estate license law by

• accepting a bonus from the licensee's broker for exceeding a

particular sales volume

• encouraging a seller to have property appraised in order to support

the listing price

• rebating a portion of his commission without notifying the principals
• pricing a property more than 10% above the comparable market

analysis - ANSWER-c. rebating a portion of his commission without notifying the principals

In the normal course of practicing real estate, a licensed real estate salesperson may?

• directly receive a commission from the buyer as well as the seller
• pay a referral fee directly to another licensed salesperson
• receive commission and bonuses through his broker
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