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

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...

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...

Utah Law Exam (Stringham) Questions With 100% Verified Answers. A sales agent who offers a guarantee that if the listing does not sell within six months the agent will buy the listing, must also: (a) A licensee is convicted of a criminal offense. (b) Provide a bond to back the guarantee. (c) Provide complete written details of the guarantee before the property is listed. (d) Notify the Division of Real Estate in advance of the terms of the guarantee. - answerProvide complete written deta...

Utah Law: Stringham Schools State Test Prep Worksheet. Exam Questions With 100% Verified Answers. The Board of Association of Realtors will _______ be the right answer in regard to legal issues. The Board?Association of Realtors only enforces ________ of Ethics violations - answerNever & Code The real Estate Commission is composed of 5 commissioners _____________ by the ________________ - answerAppointed & Govenor A real estate license is required when selling or managing another person...

Escrow Sample Test – Utah Exam Questions And Answers (Verified And Updated) An Escow is an arrangement that: (Select all that apply) (A) holds documents (B) holds funds (C) creates documents to affect a transfer of interest in a property (D) acts as an attorney (E) is responsible for guaranteeing funds - answer(A) holds documents (B) holds funds (C) creates documents to affect a transfer of interest in a property (E) is responsible for guaranteeing funds When is it necessary to hav...

1. Trust accounts are designed for other peoples money. - correct answer True 2. The Real Estate Trust Account can draw interest not to exceed ____% - correct answer 0 3. According to Utah Law, the earnest money must be deposited within _______ business/banking/working days. - correct answer 3 4. In the real estate trust account, the broker can dep...

Utah Real Estate Test Exam 2023-2024 Questions and Answers 100% CorrectUtah Real Estate Test Exam 2023-2024 Questions and Answers 100% CorrectUtah Real Estate Test Exam 2023-2024 Questions and Answers 100% CorrectThe word "Ownership" means the same thing as the word A.Freehold B.Leasehold C.Possession D.Both A & C - ANSWERSD. 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 Determinabl...

Utah Law Final Exam (Stringham) [100% PASS] /verified/ A sales agent who offers a guarantee that if the listing does not sell within six months the agent will buy the listing, must also: (a) A licensee is convicted of a criminal offense. (b) Provide a bond to back the guarantee. (c) Provide complete written details of the guarantee before the property is listed. (d) Notify the Division of Real Estate in advance of the terms of the guarantee. *Ans* Provide complete written details o...

Utah Sales Law exam (Real Estate) Questions & Answers.