1. a broker advertises that the sales volume for the last calendar year was $40,000,000. The language in this advertisement would be legal only if the

sales volume refers to closed transactions.

broker has documentation of over $40,000,000 in listings. X

sales volume includes pending transactions.

broker has closed out the related escrow accounts.

2. According to the Pennsylvania Landlord-Tenant Act, a tenant must be notified of the final disposition of his security deposit within what time period following the end

of the lease?

within 5 days

within 30 days X

within 60 days

immediately upon completion of the landlord's final inspection of the premises

3. You have just obtained the signature of a seller to accept a buyer's offer to purchase. What is your next step?

Record and file the signed copy at the office.

Leave a signed copy with the seller. X

Call the buyer to notify her of the offer's acceptance.

Deliver a signed copy to the buyer.