Free Pennsylvania Real Estate Practice Exam Practice Question
Which of the following is a violation of Pennsylvania real estate license law?
Correct Answer: D
Rationale: Accepting a bonus from the licensee's broker (A) is permissible as long as it is disclosed and agreed upon. Requiring the seller to hire an appraiser (B) is not a violation; it’s a common practice to ensure accurate property valuation. Advertising a new listing in a real estate magazine (C) is a standard marketing strategy that complies with regulations. Failing to give the escrow funds promptly to the broker (D) constitutes a violation of Pennsylvania real estate license law, as it undermines the fiduciary responsibility to handle client funds appropriately.
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