Pennsylvania Real Estate Practice Test (Free)

Question 1

Which background check is required of all Pennsylvania real estate license applicants?

Accepted Answer

A PA State Police criminal history check via ePATCH

Answer

An FBI fingerprint check submitted directly to HUD

Answer

A credit report from a national credit bureau

Answer

No background check is required

Question 2

To qualify for a Pennsylvania real estate broker license, a candidate must have at least how many years as a licensed salesperson?

Accepted Answer

3 years

Answer

1 year

Answer

2 years

Answer

5 years

Question 3

What does the term "encumbrance" mean in real estate?

Accepted Answer

A claim, lien, or restriction that affects the property's title

Answer

A guarantee that the title is free of any defects

Answer

A type of real estate commission structure

Answer

A written offer to purchase real property

Question 4

Which state agency issues real estate salesperson and broker licenses in Pennsylvania?

Accepted Answer

The Pennsylvania State Real Estate Commission

Answer

The Pennsylvania Department of Banking and Securities

Answer

The Pennsylvania Insurance Department

Answer

The county recorder of deeds

Question 5

What does an amortized mortgage payment include over the life of the loan?

Accepted Answer

A combination of principal and interest that gradually pays off the loan

Answer

Interest only, with principal due entirely at the end

Answer

Principal only, with interest waived after year one

Answer

A fixed amount that never changes in composition

Question 6

What is the primary purpose of title insurance in a real estate transaction?

Accepted Answer

To protect against losses from defects in the property's title

Answer

To insure the physical structure against fire damage

Answer

To guarantee the buyer a fixed resale price

Answer

To replace the need for a property appraisal

Question 7

Under the federal Fair Housing Act, which of the following is a protected class?

Accepted Answer

Familial status

Answer

Income bracket

Answer

Occupation

Answer

Political party affiliation

Question 8

How many total hours of prelicensing education does Pennsylvania require for a real estate salesperson license?

Accepted Answer

75 hours

Answer

40 hours

Answer

60 hours

Answer

120 hours

Question 9

For a real estate contract to be valid, which element must be present?

Accepted Answer

Mutual consent between competent parties

Answer

Notarization by a public official in every case

Answer

Approval from a title insurance company

Answer

A minimum of two witnesses in every jurisdiction

Question 10

What is an easement?

Accepted Answer

A non-possessory right to use another person's land for a specific purpose

Answer

A type of mortgage lien

Answer

A form of joint ownership

Answer

A government zoning classification