1. Which of the following types of housing discrimination is NOT covered by state law?
A. Age
B. Gender
C. Mental disability
D. Income level Correct
Explanation
Pennsylvania's Human Relations Act protects people from housing discrimination based on many things, like race, color, religion, ancestry, sex (which includes gender), national origin, having children, age (especially for those 40 and older), and disability—both physical and mental. This means landlords and sellers can't refuse someone just because of these traits. But income level—like how much money someone makes or if they use housing vouchers—is not on the state's protected list. Some cities in Pennsylvania have their own rules against this, but the state law doesn't cover it. So, age is protected because it's in the law for older adults. Gender is protected under 'sex.' Mental disability is fully covered as part of disability protections. Income level is the one not included in state law.
2. A listing salesperson receives an offer written by a salesperson from another firm. The offer is poorly written and not as detailed as the typical offer. What should the listing salesperson do?
A. Reject the offer.
B. Return the offer to the other salesperson and suggest that he rewrite it.
C. Inform the seller of the offer and advise the seller against having it presented.
D. Present the offer to the seller. Correct
Explanation
The job of the listing agent is to show the seller every written offer that comes in, no matter how messy or incomplete it looks. The seller gets to decide if it's good or bad, not the agent. Rejecting it means the seller never sees a chance to buy their home. Sending it back to fix delays things and puts the agent's opinion over the seller's rights. Telling the seller not to look at it is the same as hiding it, which breaks trust. Presenting it lets the seller choose—maybe they like the price or want to fix the problems with a counteroffer.
3. If known, the listing broker MUST disclose which of the following to a prospective buyer?
A. That the seller's mortgage is assumable
B. That the seller has accepted a position in another state
C. That the seller has filed for divorce
D. That the seller's water system is contaminated Correct
Explanation
Buyers need to know about big problems with the property that could hurt their health or cost a lot to fix, even if you can't see them right away. Contaminated water is dangerous and affects daily life, so it has to be told. An assumable mortgage is actually a good thing—it might save money—so it's nice to mention but not required. A job in another state or a divorce are personal reasons the seller wants to move; they don't change the house itself, so keeping them private is okay unless the buyer asks directly.
4. When licensees act on their own behalf in acquiring property listed with their company, they:
A. will lose their license
B. must personally inform their brokers
C. must disclose their licensed status in writing to all parties to the transaction Correct
D. must disclose the amount of the commission the licensee will receive
Explanation
When a real estate agent buys a house that's listed with their own company, everyone involved needs to know the buyer is also a licensed agent. This must be written down and given to the seller and any others in the deal to keep things fair and avoid hidden advantages. Losing the license doesn't happen just for buying. Telling the broker in person is smart but not the law's rule. The commission amount isn't something that has to be shared with everyone—it's between the agent and their office.
5. According to the Statute of Frauds, which of the following is a requirement of an exclusive listing agreement?
A. It must be in writing. Correct
B. It must include a co-listing agent.
C. It must be on a state-approved listing agreement form.
D. It must be accompanied by a home appraisal.
Explanation
To avoid arguments later, any deal about selling a house—including the agreement with a broker to list it—has to be written down and signed. This old rule called the Statute of Frauds makes sure both sides remember what they agreed to. You don't need two agents, a special state form (any clear paper works), or an appraisal just to list the house.