A salesperson in Pennsylvania changes their home address and phone number. Under SREC rules, what is their obligation regarding this change?
Correct Answer
C) The licensee must notify the SREC of the address change within the time period required by regulation
Under SREC regulations, licensees must notify the SREC of any changes to their contact information, including address changes, within the required timeframe. This ensures the SREC can contact licensees for regulatory purposes.
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More Pa Licensing Requirements Ce Questions
A salesperson in PA completes their CE online but cannot locate the completion certificate when it's time to renew. What should the salesperson do?
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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?
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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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- → Under RELA, what is the SREC's authority regarding the approval of real estate education providers in Pennsylvania?
- → A salesperson in PA earns their license on January 1, 2025. Their license will first expire at the end of the current biennial renewal cycle. If the current cycle ends on May 31, 2026, how many months does the salesperson have their initial license active before the first renewal?
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A PA licensee is required to complete 14 hours of CE, including a mandatory module on a specific topic designated by the SREC. What topic has the SREC historically required as part of the mandatory CE curriculum?
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A PA broker of record is investigated by the SREC for escrow account violations. The investigation reveals that escrow funds were deposited into a non-interest-bearing checking account instead of a separate escrow account. What violation has occurred?