Under SREC record-keeping requirements, which of the following records does a PA broker NOT need to maintain?
Correct Answer
C) Personal tax returns of all affiliated salespersons
Personal tax returns of affiliated salespersons are not records that the broker is required to maintain under RELA. The broker's record-keeping obligations relate to transaction records, escrow accounts, and business operations.
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A PA licensee is asked by a friend to help negotiate a commercial lease for a restaurant. The licensee has only a residential real estate license. Under RELA, can the licensee assist with the commercial lease negotiation?
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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?