Utah real estate exam Questions and Correct Answers | Latest Update
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Course
Utah Real Estate
Institution
Utah Real Estate
Before a licensee's license may be suspended or revoked for prohibited discriminatory
practices, the licensee must:b. be afforded a hearing before the Utah Real Estate
Commission
-:- b. be afforded a hearing before the Utah Real Estate Commission
After being notified of passing the license e...
Utah real estate exam Questions and Correct
Answers | Latest Update
Before a licensee's license may be suspended or revoked for prohibited discriminatory
practices, the licensee must:b. be afforded a hearing before the Utah Real Estate
Commission
✓ -:- b. be afforded a hearing before the Utah Real Estate Commission
After being notified of passing the license exam, an applicant has how many days to
pay the appropriate license fee?
✓ -:- b. 90 days
Where must a sales agent have his license displayed?
✓ -:- c. Prominently displayed on the wall at his principal brokers office
A sales agent applicant may solicit listings and negotiate with prospects when he:
✓ -:- a. give the buyer and the seller written notice that he or she is an
agent for the seller
Which of the following would be required to have a real estate principal broker
present?
✓ -:- a. An auctioneer auctioning real estate
In the case of a violation of the license law by a licensee, the licensee may be subject
to a
✓ -:- a. civil penalty of up to $500
b. criminal fine of up to $1,000
c. lawsuit for civil damages
d. all of the above
A real estate principal broker must maintain a copy of closing statements:
✓ -:- b. for three years following the year in which closing occurred
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