Types licenses

In Pennsylvania , which of the following would need to be operated by a licensed real estate broker ?
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Terms in this set (17)
In Pennsylvania , which of the following would need to be operated by a licensed real estate broker ?
A property management company that employs leasing agents for the purpose of negotiating leases
The term broker includes in its definition all of the following activities EXCEPT
appraising real estate .
Licensed salespersons may perform all of the following activities for or on behalf of their employing broker EXCEPT
appraise a single - family property .
Rental listing referral agents are licensed to engage in which
Collecting rental information for the purpose of referring prospective tenants to rental units or locations of rental units
A candidate for a broker's license in Pennsylvania must
have passed the broker's license exam within three years prior to license application .
Who of the following is subject to disciplinary action by the Pennsylvania Real Estate Commission ?
Campground membership salesperson
Under Pennsylvania licensing law , a partnership , association , or corporation will be granted a broker's license only if
one officer or partner is designated as the broker of record .
Licensed real estate salespersons may engage in all of the following activities on behalf of their employing broker EXCEPT
perform an appraisal for a federally related mortgage loan .
An unlicensed individual acting as a real estate consultant negotiated a sale of property and was unable to collect the agreed fee from the seller . The unlicensed individual
has no recourse under the law because a person who holds himself out as a real estate consultant is required to have a broker's license .
Which candidate for licensure is required to take the standard real estate salesperson's license examination and score a passing grade but is NOT required to complete any mandatory education requirement prior to taking the exam ?
Builder - owner salesperson applicant
All of the following persons must complete education or training requirements prior licensure EXCEPTcemetery salespeople .A broker who maintains multiple branch offices wants to give an associate broker managing a branch office authority to directly hire salespeople or other associate brokers . Is this permitted ?No , because only the broker is authorized to hire or employ salespeople or associate brokersWhich applicant for licensure is NOT required to pass a written exam for licensure ?Cemetery salespersonWhen the employing broker submits a salesperson's license application to the Pennsylvania Real Estate Commission the broker is certifying that thebroker will actively supervise and train the salesperson .Which activity may a builder owner salesperson employed by ❇️ of single and multifamily dwellings legally engage inLeasing a newly constructed home owned by his employer to a prospective tenantIn reference to license laws and rules and regulations of the commission , what does the term broker of record refer to ?An individual broker responsible for the real estate transactions of a partnership , association , or corporation who holds a broker's licencoLicensed salespersons may hold an active license with more than one Pennsylvania broker under which of the following circumstancesUnder no circumstances