According to utah law - Study guides, Class notes & Summaries

What is a net listing? Is it illegal? - A net listing is selling a property for a determined price where the seller Only requires a small amount of money and let the agent have the rest (huge commission); it is ILLEGAL in the state of Utah After foreclosure, there's not enough money to cover all files of the mechanic's liens. What is the priority of payoff? - Laborers first, suppliers and subs second, general contractor last Where should a broker keep sales agents' licenses? - Broker's ...

Which of the following items is not listed in the law as recordable in a notary journal - ANSWER-Physical description of the individual All notarizations must include a notarial certificate. Which of the following best describes a copy certification? - ANSWER-A notarial act in which a notary certifies that a photocopy is an accurate copy of a document that is neither a public record nor publicly recorded. Within 30 days of a change in the notary's name, the notary shall provide the Lieute...

HIUS 221 Exam Questions With 100% Correct Answers The "Filibusters" - answerA private army of American volunteers, financed by Louisiana businessmen, who invaded Texas. Were reinforced by Tejano rebels against Spain, the force seized San Antonio, and its leaders proclaimed Texas an independent country. (Although the Spanish eventually crushed the invasion, the episode underscored how weak its hold was.) Stephen F. Austin () - answerson of Moses Austin, had to renegotiate with the new Me...

HIUS 221 Exam Questions With 100% Correct Answers The "Filibusters" - answerA private army of American volunteers, financed by Louisiana businessmen, who invaded Texas. Were reinforced by Tejano rebels against Spain, the force seized San Antonio, and its leaders proclaimed Texas an independent country. (Although the Spanish eventually crushed the invasion, the episode underscored how weak its hold was.) Stephen F. Austin () - answerson of Moses Austin, had to renegotiate with the new Me...

Trust accounts are designed for other people's money correct answers True The Real Estate Trust Account can draw interest not to exceed..... correct answers 0% According to Utah Law, the earnest money must be deposited within ---- business/banking/working days correct answers 3 In the real estate trust account, the broker can deposit no more than ------ of his or her own money correct answers 500 If brokers place more than the allowed amount of their own money in the trust account, ...

Which of the following is the highest court? - The U.S. Supreme Court What are the four elements of an arrest? - Understanding, authority, intent, subjection What is the basic patrol tactic that focuses interest on community relations? - Service style Where must license plates be attached on a vehicle other than a motorcycle, trailer, or semitrailer? - Both front and back What is the legal paper charging someone with a crime? - Information Which type of witness is a...

HIUS 221 Exam Questions With 100% Correct Answers The "Filibusters" - answerA private army of American volunteers, financed by Louisiana businessmen, who invaded Texas. Were reinforced by Tejano rebels against Spain, the force seized San Antonio, and its leaders proclaimed Texas an independent country. (Although the Spanish eventually crushed the invasion, the episode underscored how weak its hold was.) Stephen F. Austin () - answerson of Moses Austin, had to renegotiate with the new Me...

SFO UTAH POST (LAW)What is the definition of "Arrest" according to the UCA? - correct answer 77-7-1 "At the time of arrest, a prudent (acting with or showing care and thought for the future), objective person, in the position of the officer, taking into account his or her experience, knowledge and observations, would reasonably believe that a crime has been or is being committed" is the definition of what? - correct answer Probable Cause Where can you find the circumstances under w...

Closing correct answers When any loan funds are received from the lender(s) and the applicable documents are recorded. This comes after settlement. Commingling correct answers A broker puts personal funds in excess of $500 into the real estate trust account. Real Estate Commission correct answers One entity of the Division of Real Estate composed of five people, one of whom is a chairman. T/F - Trust accounts are designed for other people's money? correct answers True. A Trust Account ...

Utah Notary Exam 2022 QUESTIONS AND CORRECT DETAILED ANSWERS (100% VERIFIED ANSWERS) |AGRADE John Doe is requesting his document to be notarized using Jurat language. After establishing his identity, what is the next step before witnessing John Doe sign the document - ANSWER- Place John Doe under oath/affirmation by stating: "Do you swear or affirm under penalty of perjury that the statements in your document are true?" Which of the following is an example of a materially COMPLETE ...