Pennsylvania · state portion

Free Pennsylvania Agency & Disclosure practice questions

10 original questions with full explanations. 10 of the 40 scored state-portion questions (about 25%) come from this area.

1. 1

   A Pennsylvania real estate salesperson meets with a buyer to discuss representation. What must the salesperson provide to the buyer at this initial interview?

   • A. A written agreement outlining the terms of representation
   • B. A copy of the salesperson's license
   • C. A list of all properties currently for sale
   • D. The Consumer Notice disclosing available business relationships
   Show answer & explanation

   Answer: D

   The Consumer Notice must be provided at the initial interview to disclose the available business relationships in Pennsylvania, including seller agent, buyer agent, dual agent, designated agency, and transaction licensee.

2. 2

   In a designated agency relationship, which of the following is true?

   • A. The designated agent represents both parties
   • B. The designated agent is a transaction licensee
   • C. The designated agent has no fiduciary duties
   • D. The designated agent represents only one party
   Show answer & explanation

   Answer: D

   In a designated agency relationship, the designated agent represents only one party, either the buyer or the seller.

3. 3

   Which of the following business relationships is permitted in Pennsylvania with written consent of all parties?

   • A. Designated agency
   • B. Transaction licensee
   • C. Seller agent
   • D. Dual agent
   Show answer & explanation

   Answer: D

   Dual agency is a permitted business relationship in Pennsylvania, but it requires written consent from all parties involved.

4. 4

   What determines the agency relationship in Pennsylvania?

   • A. The amount of compensation paid to the salesperson
   • B. The type of property being sold
   • C. The salesperson's verbal representation
   • D. The written agreement between the parties
   Show answer & explanation

   Answer: D

   The agency relationship is determined by the written agreement between the parties, not by the amount of compensation paid.

5. 5

   A buyer and seller have both agreed to be represented by the same real estate broker in a transaction. What type of relationship can this broker have with both parties, with their written consent?

   • A. Seller agent and buyer agent
   • B. Transaction licensee
   • C. Designated agent
   • D. Dual agent
   Show answer & explanation

   Answer: D

   With written consent from all parties, a broker can act as a dual agent, representing both the buyer and the seller in the same transaction.

6. 6

   A Pennsylvania real estate salesperson is working as a buyer agent. What is the salesperson's duty of loyalty?

   • A. To act in the best interests of the seller
   • B. To act in the best interests of the transaction
   • C. To act in the best interests of the broker
   • D. To act in the best interests of the buyer
   Show answer & explanation

   Answer: D

   As a buyer agent, the salesperson's duty of loyalty is to act in the best interests of the buyer.

7. 7

   What is required for a dual agent to represent both the buyer and seller in the same transaction in Pennsylvania?

   • A. Verbal consent from both parties
   • B. No consent is required
   • C. The consent of the broker only
   • D. Written consent from both parties
   Show answer & explanation

   Answer: D

   Dual agency is permitted in Pennsylvania with the written consent of all parties involved.

8. 8

   A real estate salesperson is working with a buyer and discovers a material defect in the property. What must the salesperson do?

   • A. Disclose the defect to the buyer
   • B. Keep the defect confidential
   • C. Inform the seller of the defect
   • D. Do nothing
   Show answer & explanation

   Answer: A

   The salesperson must disclose the material defect to the buyer, as honesty and disclosure are required duties.

9. 9

   When must a Pennsylvania real estate licensee provide the Consumer Notice to a potential client?

   • A. At the closing of the transaction
   • B. When the client signs the agreement of sale
   • C. After the client has selected a property
   • D. At the initial interview
   Show answer & explanation

   Answer: D

   The Consumer Notice must be provided at the initial interview to disclose available business relationships.

10. 10

    A real estate salesperson in Pennsylvania is working with a buyer and a seller in the same transaction. With written consent from both parties, the salesperson can act as a:

    • A. Seller Agent
    • B. Buyer Agent
    • C. Transaction Licensee
    • D. Dual Agent
    Show answer & explanation

    Answer: D

    Dual agency is permitted in Pennsylvania with written consent from all parties.