Pennsylvania License Law
The Pennsylvania State Real Estate Commission has the authority to:
AIssue mortgages to first-time homebuyers
BGrant, suspend, or revoke real estate licenses and impose fines✓ Correct
CProsecute criminal violations of fair housing laws
DSet commissions rates for all real estate transactions
Explanation
The Pennsylvania State Real Estate Commission has disciplinary authority over licensees, including the power to issue, suspend, revoke, or refuse to renew licenses and to impose civil penalties for violations of RELRA and Commission regulations.
Related Pennsylvania Pennsylvania License Law Questions
- Under RELRA, which of the following is a requirement for maintaining an active Pennsylvania real estate broker's office?
- The Pennsylvania Real Estate Commission can impose sanctions on a licensee who is found guilty of:
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