A real estate broker from New York applies for a PA broker license. The SREC evaluates the application and determines that NY's education requirements are substantially equivalent to PA's. What benefit might the NY broker receive?
Correct Answer
A) A waiver of some or all pre-license education requirements while still requiring the PA state exam
When the SREC determines that another state's education requirements are substantially equivalent, the out-of-state broker may receive a waiver of some or all pre-license education requirements. However, they typically must still pass the PA state portion of the licensing exam.
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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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- → 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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