Exam Cheat Sheet · Quick Reference

Pennsylvania Real Estate Salesperson Licensing Examination

Pennsylvania  ·  Pearson Vue

Verified, not estimated. Every figure below is drawn from the official exam structure we maintain — question counts, passing standard and topic weighting. Practice questions are grounded in the source law with statute citations. We omit any figure we can't verify rather than guess at it.
Total questions
40
Passing score
75%
Exam time
60 min
Administered by
Pearson Vue
Format
Closed-book

Pennsylvania State Portion 40 questions

Real Estate Commission 5 Q · 12%
Duties and powersComplaints, investigations, hearings, and appealReal Estate Recovery Fund
Licensure 8 Q · 20%
QualificationsActivities requiring a licenseLicense renewal and reactivationChange of employmentExemption from licensure
Agency and Disclosure 10 Q · 25%
Agency disclosuresDuties of licenseesAgency relationshipsCompensation
Regulations Governing the Activities of Licensees 11 Q · 28%
AdvertisingBroker/Salesperson relationsFunds and accountsProhibited conductSuspension and revocation
Miscellaneous 6 Q · 15%
Property disclosuresDocuments, contracts, and formsPennsylvania Human Relations ActionTime-shares, planned communities, and condominiumsRentals, leasing, and property management

Key Distinctions

Initial housing discrimination complaintvsSecond or subsequent discrimination complaint

The 90-day waiting period delaying State Real Estate Commission action applies only to initial complaints; second or subsequent complaints may be brought by the individual or the Pennsylvania Human Relations Commission directly to the State Real Estate Commission.

Pennsylvania Real Estate Licensing Act, Section 604(a)(22)(iv)
Dual agentvsTransaction licensee

A dual agent acts as agent for both buyer/tenant and seller/landlord in the same transaction (permitted only with both parties' written consent) and must take no action adverse or detrimental to either party, while a transaction licensee is not an agent and owes only limited confidentiality — it may not disclose that the buyer/tenant will pay more than the price in a written offer, though it must still disclose known material defects.

Pennsylvania Title 49, Chapter 35, § 35.201
Designated agentvsBroker supervising designated agents

Designated agents act exclusively for their respective principals, but when the broker supervises all licensees the broker automatically serves as a dual agent, and the designated agent must disclose to the principal, prior to writing or presenting an offer, that the other party is represented by a licensee employed by the same broker and that the broker is a dual agent.

Pennsylvania Title 49, Chapter 35, §§ 35.315(e)(4) and 35.336
Buyer's agent's additional dutyvsSeller's agent / dual agent duties

The buyer's agent additionally must make a continuous and good faith effort to find a property for the buyer/tenant (except when the buyer/tenant is subject to an existing contract for sale/lease), whereas a dual agent's added duty is to take no action adverse or detrimental to either party's interest.

Pennsylvania Title 49, Chapter 35, § 35.313(a)(3)
Source of compensationvsAgency relationship

Compensation does not determine agency: a buyer's agent represents the buyer/tenant's interests even if paid by the seller/landlord, and a buyer's agent or transaction licensee compensated by the seller's agent does not owe the seller the same duties as the seller's agent.

Pennsylvania Title 49, Chapter 35, § 35.313(c)
Broker (definition)vsSalesperson (definition)

Broker activity includes, for another and for a fee, performing a comparative market analysis or representing oneself as a real estate consultant, counsellor or house finder; a salesperson is an individual employed by a broker who performs enumerated acts such as collecting (or offering/attempting to collect) rent for the use of real estate.

49 Pa. Code Ch. 35, § 35.201
Broker's office supervisionvsRental listing referral agent's office supervision

A rental listing referral agent may not supervise more than one office, unlike brokers who may supervise multiple offices through associate brokers.

49 Pa. Code § 35.244(e)
Professional Licensure Augmentation AccountvsReal Estate Recovery Fund

All fines and civil penalties imposed under Sections 305 and 604 are paid into the Professional Licensure Augmentation Account, not into the Real Estate Recovery Fund, which instead reimburses persons holding uncollectible final civil judgments against a licensee for fraud, misrepresentation, or deceit.

Pennsylvania Real Estate Licensing Act, Section 604(b)
Salesperson license prerequisitesvsBroker license prerequisites

A salesperson applicant must be at least 18 before the exam and (if no hours were completed before the subparagraph's effective date) complete 75 hours of instruction within five years of taking the exam; a standard broker applicant must have been a licensed salesperson at least 3 years (or equivalent education/experience) and have passed each part of the broker exam within 3 years before submitting a completed application.

Pennsylvania Real Estate Licensing Act, Section 521(1)
Relicensure after revocationvsReissuance after five years inactive / reciprocal reactivation

A revoked licensee must wait at least 5 years from the date revocation begins, then petition the Commission (relicensure is discretionary and all qualifications, including examination, must be met); a person inactive five years without renewing must pass the pertinent examination before reissuance, while a licensee who fails to renew a reciprocal license may reactivate without reexamination if holding the equivalent of a current standard license in the state of the principal place of business.

49 Pa. Code Ch. 35, § 35.251
Escrow deposit of a check held pending acceptancevsInterest-bearing escrow for funds held over six months

With the written permission of both buyer and seller the broker may hold the check but must deposit it into escrow within 1 business day of the seller's/lessor's acceptance, whereas for money expected to be held more than six months the broker is only encouraged (not required) to use an interest-bearing account and may not claim the interest unless the broker is a lessor under the Landlord and Tenant Act.

49 Pa. Code § 35.324
Authority to deposit escrow fundsvsAuthority to withdraw escrow funds

A sole proprietor broker or broker of record may give an employee written authority to deposit money into the escrow account, but only a licensed employee may be given written authority to withdraw funds for payments properly chargeable to the account.

49 Pa. Code § 35.325(b)
Discipline for out-of-state license disciplinevsFailure to respond to a Commission information request

Having been disciplined under another jurisdiction's real estate licensing law is a prohibited act for which the Commission may discipline but may not levy a fine solely on that basis, while failing within a reasonable time as defined by the Commission to provide information requested as a result of a formal or informal complaint is a prohibited act that can result in suspension, revocation, or fines.

Pennsylvania Real Estate Licensing Act, Section 604(a)(17)
Permitted delivery of the seller's property disclosure statementvsEmail delivery

Delivery may be by personal delivery, first class mail, certified mail return receipt requested, or facsimile to the buyer or buyer's agent; electronic mail is not a listed acceptable method.

Pennsylvania Title 68, Chapter 73, § 7305(a)

Key Terms

Dual agent Pennsylvania Title 49, Chapter 35, § 35.201
A licensee (or broker) who acts as an agent for both the buyer/tenant and the seller/landlord in the same transaction, permitted only with the written consent of both parties and only as provided in the act.
Transaction licensee Pennsylvania Title 49, Chapter 35, § 35.316(2)(ii)
A licensee who provides services without being an agent, owing a duty of limited confidentiality such that the licensee may not disclose that the buyer/tenant will pay a price greater than the price submitted in a written offer, but must still disclose known material defects.
Designated agent Pennsylvania Real Estate Licensing and Registration Act, Section 606.5(b)(3)
A licensee designated by the broker to act exclusively for one principal, who must disclose to that principal before writing or presenting an offer that the other party is represented by a licensee employed by the same broker and that the broker is a dual agent.
Buyer's agent Pennsylvania Title 49, Chapter 35, § 35.313(a)(3)
A licensee who represents the interests of the buyer/tenant — even if compensated by the seller/landlord — and who additionally must make a continuous and good faith effort to find a property for the buyer/tenant, except when the buyer/tenant is subject to an existing contract for sale/lease.
Broker 49 Pa. Code Ch. 35, § 35.201
An individual or entity that, for another and for a fee, commission or other valuable consideration, performs enumerated real estate acts, including undertaking a comparative market analysis or representing himself or itself as a real estate consultant, counsellor or house finder.
Salesperson 49 Pa. Code Ch. 35, § 35.201
An individual employed by a broker who performs enumerated acts, such as collecting or offering or attempting to collect rent for the use of real estate.
Real Estate Recovery Fund 49 Pa. Code Ch. 35, § 35.333(a)(9) and § 35.331(a)(1)
A fund that reimburses any person who has obtained a final civil judgment against a Pennsylvania real estate licensee owing to fraud, misrepresentation, or deceit in a real estate transaction and who has been unable to collect the judgment after exhausting all legal and equitable remedies.
Material defect (seller's property disclosure statement) 49 Pa. Code § 35.335a
A problem with the property or any portion of it that would have a significant adverse impact on the value of the residential real property or that involves an unreasonable risk to people on the land; a structural element near, at, or beyond the end of its normal useful life is not by itself a material defect.
Panic selling Pennsylvania Title 49, Chapter 35, § 35.303(a)
Frequent efforts to sell residential real estate in a particular neighborhood because of fear of declining real estate values when the fear is not based on facts relating to the intrinsic value of the real estate itself; a licensee's attempt to bring it about for profit is regarded by the Commission as bad faith.
Rental listing referral agreement 49 Pa. Code § 35.335
An agreement that must contain the rental specifications desired by the prospective tenant and a bold-print statement that the agent is a referral service only, does not guarantee a satisfactory rental unit will be found, and only furnishes lists of available rental units.
Commission negotiability notice Pennsylvania Title 49, Chapter 35, § 35.331(a)(3)
Required notification in written agreements that the broker's commission and the duration of the agreement were determined as a result of negotiations between the broker (or a licensee employed by the broker) and the seller/landlord or buyer/tenant.
Buyer/tenant agreement compensation disclosure Pennsylvania Title 49, Chapter 35, § 35.331(a)(8)
An agreement between a broker and a buyer/tenant must explain that the broker may be compensated based upon a percentage of the purchase price and state the broker's policies regarding cooperation with listing brokers willing to pay buyer's brokers.
Auctioneer exclusion Pennsylvania Real Estate Licensing Act, Section 304(9); Pa Chapter 35, § 35.202(10)
A licensed auctioneer performing authorized duties at a bona fide public auction that includes real property is excluded from the real estate licensing requirement.
Multifamily management employee exclusion 49 Pa. Code Ch. 35, § 35.202(11)
An individual employed by the owner of multifamily residential dwellings to manage or maintain the property is excluded from licensing provided the person is not authorized to enter into leases, negotiate terms, or hold tenant money other than on the owner's behalf, with the owner retaining authority over leasing decisions.
Corporate owner exemption limit Pennsylvania Real Estate Licensing Act, Section 304(1)
The owner-exemption for a corporation buying, selling, or leasing its own real estate extends to no more than five of its officers and not to other corporation personnel or employees.
Temporary license on change of affiliation Pennsylvania Real Estate Licensing Act, Section 603(a)
Upon changing brokers, the salesperson or associate broker maintains a copy of the written notification sent to the Commission (due no later than ten days after the intended date of change, with fee and return of the current license) as a temporary license pending receipt of the new current license.
Bar on suits by unlicensed persons Pennsylvania Real Estate Licensing Act, Section 302
No action or suit may be instituted and no recovery had in any Pennsylvania court for compensation for an act or service requiring licensure unless the person was duly licensed at the time of offering to perform it.