- An out-of-state licensee may only receive a referral fee from Pennsylvania licensee.
- Otherwise, a Pennsylvania license is required to receive a commission or part of a commission. - There is no bar to an out-of-state licensee filing a lawsuit for referral fee in Pennsylvania.
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ReciprocityArkansas, Georgia, Louisiana, Maryland, Massachusetts, New York, West Virginia |
Specific to Pennsylvania |
Reverse ReciprocityThese states specifically mention Pennsylvania in their Reciprocity: Arkansas, Louisiana, Maryland, Massachusetts, Nevada (Salesperson Only), New Jersey, New York, Virginia, West Virginia These States recognize any other State licenses but may have additional requirements: Alaska, Alabama, Colorado, Georgia, Idaho, Indiana, Kansas, Kentucky, Maine, Nebraska, North Carolina, Rhode Island, South Dakota, Tennesee, Vermont, Washington |
Customs
Title companies, real estate agents, and approved attorneys may handle closings.
Conveyance is by special or general warranty deed. Mortgages are the security instruments.
Pennsylvanians use ALTA owner’s, lender’s, and leasehold policies.
Buyers pay closing costs and title insurance fees; buyers and sellers split the transfer taxes.
Property tax payment dates differ across the state.
*State law restricts aliens in owning real property with respect to acreage and income and includes special restrictions affecting farmland.
Conveyance is by special or general warranty deed. Mortgages are the security instruments.
Pennsylvanians use ALTA owner’s, lender’s, and leasehold policies.
Buyers pay closing costs and title insurance fees; buyers and sellers split the transfer taxes.
Property tax payment dates differ across the state.
*State law restricts aliens in owning real property with respect to acreage and income and includes special restrictions affecting farmland.
