Pennsylvania Real Estate Broker Exam — All Questions
3 questions
Pennsylvania real estate licensees are governed primarily by which law?
- a.The Uniform Commercial Code
- b.The Pennsylvania Landlord and Tenant Act of 1951 alone
- c.The Real Estate Licensing and Registration Act (RELRA)✓
- d.The federal Real Estate Settlement Procedures Act only
Pennsylvania licensees are regulated under the Real Estate Licensing and Registration Act (RELRA) and the rules of the State Real Estate Commission. RELRA defines license categories, standards of conduct, and enforcement. RESPA and the UCC are separate bodies of law that may apply to transactions but are not the state licensing statute.
The Pennsylvania Real Estate Commission operates within which state entity?
- a.The Office of Attorney General
- b.The Department of State, Bureau of Professional and Occupational Affairs✓
- c.The Department of Revenue
- d.The Public Utility Commission
The Pennsylvania Real Estate Commission sits within the Bureau of Professional and Occupational Affairs in the Department of State. The Commission licenses brokers, salespersons, and other categories under RELRA, promulgates rules, and disciplines licensees. It is not part of the Attorney General or Revenue departments.
RELRA recognizes several license types. Which of the following is a Pennsylvania real estate license category?
- a.Notary broker
- b.Escrow broker
- c.Municipal broker
- d.Broker (including specialized categories such as cemetery broker and builder-owner salesperson)✓
Pennsylvania recognizes the standard broker and salesperson licenses and several niche categories under RELRA, including cemetery broker, builder-owner salesperson, and rental listing referral agent. Knowing these categories is a Pennsylvania-specific exam point. 'Notary broker' and 'escrow broker' are not RELRA license types.