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  3. 76. as defined by the license laws, which of the f

76. As defined by the license laws, which of the following is NOT a true...

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76. As defined by the license laws, which of the following is NOT a true statement? A. A builder-owner salesperson cannot negotiate mortgage loans on behalf of a purchaser. B. A branch office of a cemetery broker must meet the same requirements as a branch office of a broker. C. The Pennsylvania Real Estate Commission regulates only transactions on real estate located inside PA. D. One needs a license to negotiate the sale of real estate on behalf of another and for valuable consideration. 77. Listing contracts in Pennsylvania must A. have an automatic renewal clause. B. state the asking price. C. have a term of one year. D. be signed by the broker to be valid. 78. What must an exclusive listing contain? A. an agency disclosure B. the expected date for conveyance and payment C. the zoning classification of the property D. a statement that the broker's commission is negotiated between the broker and sellerllandlord 79. A broker CANNOT represent more than one party to a transaction unless A. it is necessary to facilitate the transaction. B. all parties provide written consent. C. it is in the best interest of all parties. D. the seller is aware of the dual representation

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