Real estate utah law - Study guides, Class notes & Summaries

The Director of the Division of Real Estate was: a. Appointed by the governor b. Hired by the Real Estate Commission c. Appointed with the approval of the legislature d. Appointed by the Executive Director of the Department of Commerce - correct answer d.The Director is appointed by the Executive Director of the Department of Commerce The Director of the Division of Real Estate will; a. Prosecute licensees in criminal court b. Overrule the Re...

Utah Stringham Real Estate Exam Questions With 100% Verified Answers. 3/1 ARM - answerA loan with three years of the same rate then rate adjustments every year thereafter. 12 HOUR NEW AGENT COURSE - answerThe continuing education course required by the Utah Division of Real Estate for a new licensee's initial renewal period. 72-HOUR RIGHT OF RESCESSION - answerAll borrowers must receive this notice if the loan is a refinance loan. ABANDONMENT - answerWhen a tenant leaves a property befo...

Utah Real Estate Exam Guide Question with 100% Correct Answers |Graded A+| b. be afforded a hearing before the Utah Real Estate Commission *Ans* 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. 90 days *Ans* After being notified of passing the license exam, an applicant has how many days to pay the appropriate license fee? c. Prominently displayed o...

Real Estate Exam Utah Law | Questions with 100% Correct Answers | Verified | Latest Update 2024

All of these items must have happened in order for settlement to have occurred according to the Utah REPC EXCEPT the following: - The proceeds of any new loan have been delivered by the lender to the seller or escrow/title office. Once you have completed all real estate pre-licensing classes and received a school certifying document, how long do you have in which to pass your licensing exam and apply for your real estate license? - one year A Closing Disclosure is a five-page form that pro...

b. be afforded a hearing before the Utah Real Estate Commission - Answer-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. 90 days - Answer-After being notified of passing the license exam, an applicant has how many days to pay the appropriate license fee? c. Prominently displayed on the wall at his principal brokers office - Answer-Where must a sale...

A licensee has ________ _______ to notify the division in a signed statement of a felony, misdemeanors involving moral turpitude ---- this is not a DUI - 10 Business days A ___________ involving fraud, misrepresentation, theft, or dishonesty that resulted in a convistion or incarceration with in __________ years preceding the date of the application warrants an __________ denial of licensure. - Misadaminor, 3 Years, Attomatic 1 of the 9 supporting services situation/people who do not need a...

b. be afforded a hearing before the Utah Real Estate Commission - Answer 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. 90 days - Answer After being notified of passing the license exam, an applicant has how many days to pay the appropriate license fee? c. Prominently displayed on the wall at his principal brokers office - Answer Where must a sales a...

Real Estate Exam Utah Law Questions With 100% Verified Answers. Where should a broker keep sales agents' licenses? - answerBroker's file What happens to sales agents' licenses when the broker's license is revoked? - answerTheir license is inactivated How does the broker get back in the business if his/her license is revoked? - answerMust start over with sales agent license, after waiting five years What is the main purpose of the continuing education? - answerTo protect the public Wh...

Utah Real Estate Exam Questions With 100% Verified Answers. 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. - answerd. 60 points f...