Free Pennsylvania real estate practice test with 20 questions on real estate principles, contracts and agency, and real estate finance. Instant scoring.
These questions are for study practice only and are not official exam questions.
Question 1
1
Which state agency issues real estate salesperson and broker licenses in Pennsylvania?
Question 2
2
How many total hours of prelicensing education does Pennsylvania require for a real estate salesperson license?
Question 3
3
Which vendor currently administers the Pennsylvania real estate licensing exam?
Question 4
4
To qualify for a Pennsylvania real estate broker license, a candidate must have at least how many years as a licensed salesperson?
Question 5
5
How often must a Pennsylvania real estate salesperson license be renewed?
Question 6
6
Which background check is required of all Pennsylvania real estate license applicants?
Question 7
7
A licensee has an active out-of-state real estate license held within the last 5 years and applies in Pennsylvania. Which exam portion can typically be waived?
Question 8
8
In an agency relationship, what duty does a real estate licensee owe to their own client?
Question 9
9
For a real estate contract to be valid, which element must be present?
Question 10
10
What is a listing agreement?
Question 11
11
What does an amortized mortgage payment include over the life of the loan?
Question 12
12
What is the primary purpose of title insurance in a real estate transaction?
Question 13
13
Under the federal Fair Housing Act, which of the following is a protected class?
Question 14
14
What type of ownership allows two or more people to hold title with a right of survivorship?
Question 15
15
What does the term "appraisal" refer to in a real estate transaction?
Question 16
16
What is an easement?
Question 17
17
What does the term "encumbrance" mean in real estate?
Question 18
18
In Pennsylvania, what happens if a real estate license lapses for 5 or more years before renewal?
Question 19
19
What is the main purpose of an escrow account in a real estate transaction?
Question 20
20
What does the term "steering" mean in a fair housing context?
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