Pennsylvania License Law
Under Pennsylvania's Real Estate Seller Disclosure Law, what properties are exempt from the mandatory disclosure requirement?
AAll commercial properties are exempt
BTransfers including new construction never previously occupied, court-ordered sales, foreclosure sales, transfers between co-owners, and other specified transfers✓ Correct
CProperties over $500,000 in value are exempt at seller's election
DProperties in rural areas with fewer than 10 comparable sales are exempt
Explanation
Pennsylvania's Real Estate Seller Disclosure Law (68 Pa. C.
Related Pennsylvania Pennsylvania License Law Questions
- Under RELRA, which of the following actions by a Pennsylvania licensee would constitute 'misrepresentation'?
- Which state agency licenses and regulates real estate brokers and salespersons in Pennsylvania?
- A Pennsylvania real estate license is valid for a period of:
- A Pennsylvania salesperson who is disciplined by PREC has what right?
- An unlicensed personal assistant working under a Pennsylvania licensee may legally:
- A Pennsylvania real estate licensee who violates RELRA may have their license:
- Under Pennsylvania law, it is illegal for a licensee to pay an unlicensed person a referral fee for sending real estate clients. This rule is intended to:
- A Pennsylvania licensee who places a 'For Sale' sign on a property must ensure the sign:
Practice More Pennsylvania Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Pennsylvania Quiz →