A PA licensee is convicted of a felony while holding an active license. Under RELA, what obligation does the licensee have?
Correct Answer
C) The licensee must notify the SREC of the conviction, which may result in disciplinary proceedings including license suspension or revocation
Under RELA, a licensee convicted of a felony must notify the SREC of the conviction. The SREC may initiate disciplinary proceedings, which could result in license suspension or revocation, depending on the nature of the offense and its relation to real estate practice.
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A PA broker is renewing their license and wants to know the current renewal fee. Under SREC fee schedules, which statement about renewal fees is correct?
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