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Pa Licensing Requirements CePre_license_educationHARD

Under RELA, all of the following are grounds for SREC disciplinary action against a licensee EXCEPT:

Correct Answer

B) Failing to successfully close at least 3 transactions per year

There is no minimum transaction requirement for maintaining a PA real estate license. The SREC does not discipline licensees for failing to close a specific number of transactions per year.

Answer Options
A
Making a material misrepresentation to a client or customer
B
Failing to successfully close at least 3 transactions per year
C
Commingling client funds with the broker's operating account
D
Acting in a dual capacity as broker and salesperson in the same transaction without proper disclosure

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Key Terms:

disciplinary_groundsSRECno_transaction_minimumreverse_question
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