Real estate utah - Study guides, Class notes & Summaries

Utah Real Estate Test Exam UPDATED Exam Questions and CORRECT Answers The word "Ownership" means the same thing as the word A.Freehold B.Leasehold C.Possession D.Both A & C - CORRECT ANSWER- D. Both A & C The highest interest in real estate recognized by law is: A.Fee Simple Defeasible B.Legal Life Estate C.Fee Simple Absolute D.Fee Simple Determinable - CORRECT ANSWER- C.Fee Simple Absolute

Utah Stringham Real Estate Vocab Latest Version Rated A+ 3/1 ARM A loan with three years of the same rate then rate adjustments every year thereafter. 12 HOUR NEW AGENT COURSE The continuing education course required by the Utah Division of Real Estate for a new licensee's initial renewal period. 72-HOUR RIGHT OF RESCESSION All borrowers must receive this notice if the loan is a refinance loan. ABANDONMENT When a tenant leaves a property before the expiration of the lease agr...

(Summary) Pearson Vue Real Estate Utah,Over 500 Questions And Correct Answers. Complete Verified Solution Errors and Omissions (E&O) Insurance Protects companies and their workers or individuals against claims made by clients for inadequate work or negligent actions Puffing extravagant claims made by sellers in order to attract buyers Due on sale clause a stipulation in a mortgage or deed of trust, requiring a borrower to pay the entire loan balance upon the sale of the property for whic...

Utah Real Estate Class Arti Latest 2024 Chapter 1 Affixed Typically in reference to mineral, water, or surface rights, resources that go with the property are affixed. Annexation The process of personal property becoming real property. With reference to subsurface rights, annexation is adding water or mineral rights to the property. Legal tests include method of annexation, adaptability, relationship of the parties. Appurtenance Something that comes with real property. Water or a...

UTAH REAL ESTATE EXAM UPDATED Exam Questions and CORRECT Answers 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 - CORRECT ANSWER- 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? - CORRECT ANSWER- b. 90 days Where must a sal...

UTAH REAL ESTATE EXAM PREP 100% VERIFIED LATEST SPRING SERIES.UTAH REAL ESTATE EXAM PREP 100% VERIFIED LATEST SPRING SERIES.UTAH REAL ESTATE EXAM PREP 100% VERIFIED LATEST SPRING SERIES.UTAH REAL ESTATE EXAM PREP 100% VERIFIED LATEST SPRING SERIES.UTAH REAL ESTATE EXAM PREP 100% VERIFIED LATEST SPRING SERIES.UTAH REAL ESTATE EXAM PREP 100% VERIFIED LATEST SPRING SERIES.UTAH REAL ESTATE EXAM PREP 100% VERIFIED LATEST SPRING SERIES.UTAH REAL ESTATE EXAM PREP 100% VERIFIED LATEST SPRING SER...

Pearson Vue Real Estate Utah Study Guide With Complete Solution...

Where should a broker keep sales agents' licenses? - Broker's file What happens to sales agents' licenses when the broker's license is revoked? - Their license is inactivated How does the broker get back in the business if his/her license is revoked? - Must start over with sales agent license, after waiting five years What is the main purpose of the continuing education? - To protect the public What is a double contract as contrasted with double commission or dual agency? - When a seco...

Utah Real Estate Test Exam Questions With 100% Complete Answers.

UTAH REAL ESTATE FINAL EXAM 2024/ ACTUAL EXAM QUESTIONS AND CORRECT VERIFIED ANSWERS /A+ GRADE Dennis and Sarah are the listing agent and principal broker for a Utah transaction scheduled for settlement next week. Which closing document tells the title insurance company the commission amounts they'll each receive when the sale closes? a. Closing Disclosure b. Closing instructions c. Closing statement d. Loan Estimate - Closing instructions Leslie represents Mr. and Mrs. Connelly. Th...