Practice Questions (State)

Question 1

The real estate brokers who are appointed to the Pennsylvania Real Estate Commission must have been engaged in the real estate business in the commonwealth for a period no less than 10 years immediately prior to their appointment

Answer 1

True

Question 2

The governor appoints members of the commission for a term of five years

Answer 2

True

Question 3

The commission may issue a civil penalty of up to $1,000 on a licensee who has violated the license law upon its own initiative, without any written complaint. However, the commission must offer the licensee an opportunity for a hearing before issuing a penalty.

Answer 3

True

Question 4

In Pennsylvania, a broker is not considered to have imputed knowledge of the improper conduct of their affiliated licensee

Answer 4

True

Question 5

Only an aggrieved person who has obtained a final judgement against a licensee and who has exhausted all reviews and appeals may file an application in a court for an order directing payment from the fund

Answer 5

True

Question 6

When the commission makes a payment from the recovery fund against a licensee, the license of that person is automatically suspended, effective the date of the payment

Answer 6

True

Question 7

The members of the Pennsylvania Real Estate Commission include

Answer 7

Three members representing the public at large

Question 8

The license law authorizes the real estate commission

Answer 8

The power to promulgate regulations based on the license law

Question 9

When a licensee is found guilty of prohibited conduct, the commission has the power to

Answer 9

Suspend or revoke the licensee’s real estate license