Under RELA, which of the following activities does NOT require a real estate license in Pennsylvania?
Correct Answer
C) Managing rental properties as an employee of the property owner for a salary
Under RELA, an employee of a property owner who manages rental properties for a salary (not commission or transaction-based compensation) is generally exempt from licensing requirements. The exemption applies to salaried employees performing property management duties for their employer.
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- → The SREC publishes a consent agreement with a licensee who committed RELA violations. What is a consent agreement?
- → In Pennsylvania, what is the National portion of the real estate salesperson exam?
- → How many hours of pre-license education must a candidate complete to qualify for a Pennsylvania real estate salesperson license?
- → Karen is a PA-licensed salesperson who has been inactive for several years. She wants to reactivate her license. Under SREC rules, what must Karen do?
- → A real estate company in Pennsylvania operates as a corporation. Under RELA, what special licensing requirements apply to a corporate real estate entity?
- → A Pennsylvania salesperson was issued an initial license fewer than six months before the end of the current biennial renewal cycle. Under Pennsylvania State Real Estate Commission rules, what continuing education is required for that first renewal?
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- → A PA licensee wants to voluntarily surrender their license. Under SREC rules, what happens when a license is voluntarily surrendered?
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Sarah completed her pre-license education and passed the PA salesperson exam. However, she does not activate her license for 3 years. Under SREC rules, what must Sarah do to activate her license?
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Carlos is a salesperson in Pennsylvania who wants to change brokerages. Under RELA, what must Carlos do to transfer his license to a new broker?