PA Real Estate Salesperson Exam - State Portion Exam Prep Latest Update 2025-2026 Questions and 100% Verified Correct Answers Guaranteed A+
$60 - CORRECT ANSWER: Each member of the commission other than the
Commissioner of Professional and Occupational Affairs shall receive reimbursement for reasonable expenses in accordance with Commonwealth regulations and per diem compensation at the rate of $_______ per day for the time actually devoted to the business of the commission.
AGENCY RELATIONSHIP - CORRECT ANSWER: A relationship whereby the broker or
licensees in the employ of the broker act as fiduciaries for a consumer of real estate services by the express authority of the consumer of real estate services.
ASSOCIATE BROKER - CORRECT ANSWER: A broker employed by another broker.
BROKER - CORRECT ANSWER: Any person who, for another and for a fee,
commission or other valuable consideration:
(1) negotiates with or aids any person in locating or obtaining for purchase, lease or an acquisition of interest in any real estate;
(2) negotiates the listing, sale, purchase, exchange, lease, time share and similarly designated interests, financing or option for any real estate;
(3) manages any real estate;
(4) represents himself to be a real estate consultant, counselor, agent or finder; 1 / 2
(5) undertakes to promote the sale, exchange, purchase or rental of real estate: Provided, however, That this provision shall not include any person whose main business is that of advertising, promotion or public relations;
(5.1) undertakes to perform a comparative market analysis; or
(6) attempts to perform any of the above acts.
BUILDER-OWNER SALESPERSON - CORRECT ANSWER: Any person who is a full-
time employee of a builder-owner of single and multifamily dwellings located within the Commonwealth and as such employee shall be authorized and empowered to list for sale, sell or offer for sale, or to negotiate the sale or exchange of real estate, or to lease or rent, or offer to lease, rent or place for rent, any real estate owned by his builder- owner employer, or collect or offer, or attempt to collect, rent for the use of real estate owned by his builder-owner employer, for and on behalf of such builder-owner employer.
BUYER AGENT - CORRECT ANSWER: Any licensee who has entered into an agency
relationship with a consumer buyer of real estate.
CAMPGROUND MEMBERSHIP - CORRECT ANSWER: An interest, other than in fee
simple or by lease, which gives the purchaser the right to use a unit of real property for the purpose of locating a recreational vehicle, trailer, tent, tent trailer, pickup camper or other similar device on a periodic basis pursuant to a membership contract allocating use and occupancy rights between other similar users.
CAMPGROUND MEMBERSHIP SALESPERSON - CORRECT ANSWER: A person
who either as an employee or an independent contractor sells or offers to sell campground memberships. Such person shall sell campground memberships under the active supervision of a broker. A person licensed as a broker, as a salesperson or as a time-share salesperson shall not be required to be licensed as a campground membership salesperson as a condition for selling or offering to sell campground memberships.
- / 2