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Utah Real Estate Questions and Correct Answers | Latest Update
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  • Utah Real Estate

Which of the following options would NOT satisfy the points requirement for a broker applicant to get their license? (a) 60 points that come from selling properties. (b) A combination of 45 points from sales and 15 points from property management. (c) A combination of 45 points from real estat...

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  • September 20, 2024
  • 23
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • utah real estate questions and correct answers l
  • which of the following options would not satisfy t

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  • Utah Real Estate
  • Utah Real Estate

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2024 /2025 | © copyright | This work may not be copied for profit gain Excel!




Utah Real Estate Questions and Correct
Answers | Latest Update
Which of the following options would NOT satisfy the points requirement for a broker

applicant to get their license?




(a) 60 points that come from selling properties.


(b) A combination of 45 points from sales and 15 points from property management.


(c) A combination of 45 points from real estate and 15 points from optional allowed

activities.


(d) 60 points for property management while employed by the owner.


✓ -:- d. 60 points for property management while employed by the owner




If a principal broker dies, and it is a sole proprietorship, what should be done with the

records of the company?




(a) A receiver will be appointed by the Division to handle the records.


(b) The administrator of the broker's estate must keep the records.


(c) The Division should be notified as to where the records will be stored.



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,2024 /2025 | © copyright | This work may not be copied for profit gain Excel!



(d) They must be transferred to the Division.


✓ -:- c. The Division should be notified as to where the records will be

stored.




The term for Utah's water law, which determines who gets to have rights to use and

distribution of water, is:




(a) Beneficial use


(b) Prior appropriation


(c) Riparian rights


(d) Littoral rights


✓ -:- (b) Prior appropriation




The Marketable Record Title Act:




(a) protects buyers of lots in subdivisions.


(b) has been in effect since 1901.


(c) simplifies clearing title.

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, 2024 /2025 | © copyright | This work may not be copied for profit gain Excel!



(d) is assigned to clear an undisturbed title.


✓ -:- (c) simplifies clearing title.




Where are the water right records stored?




(a) County Recorder's Office


(b) Water Commissioner's Office


(c) Real Estate Division


(d) State Engineer's Office


✓ -:- (d) State Engineer's Office




Under the Division Rules, which of the following is NOT correct?




(a) Net listings shall not be taken by a licensee.


(b) A principal broker cannot keep part of the earnest money unless both parties agree.


(c) Licensees shall keep their broker informed regarding their transactions.


(d) When requested by the client, the agent must give them copies of documents from both

sides of the

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