Utah real estate test - Study guides, Class notes & Summaries

With regard to assignability, Utah's REPC states what? -:- no assignment without prior written consent of the seller A Closing Disclosure is a five-page form that provides final details regarding what? -:- The buyer's real estate transaction. Where is a new loan amount to be acquired by the buyer indicated on a Utah REPC? -:- page 1 On the REPC, where does the sales price being offered by the buyer appear? -:- page 1 A real estate agent wishes to hire other real estate agents to wo...

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...

Escrow Sample Test – Utah 100% Correct Score 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 - Correct 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 have closing docum...

Escrow Sample Test – Utah 100% Correct Score 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 - Correct 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 have closing docum...

With regard to assignability, Utah's REPC states what? - Answer- no assignment without prior written consent of the seller A Closing Disclosure is a five-page form that provides final details regarding what? - Answer- The buyer's real estate transaction. Where is a new loan amount to be acquired by the buyer indicated on a Utah REPC? - Answer- page 1 On the REPC, where does the sales price being offered by the buyer appear? - Answer- page 1 A real estate agent wishes to hire other ...

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...

The 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 Determinable - ANSWERSC.Fee Simple Absolute 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 - ANSWERSC.Fee Simple A...

Utah Financial Literacy State Test Review Rated A+ Amortization Payment of a portion of the principle of a mortgage loan, reducing or amortizing the mortgage amount. Annual Percentage Rate The total annual percentage amount it will cost a person to use credit. Asset Any items of value that people own, including cash, property, personal possessions, and investments. Budget A plan for spending and saving money based on a person's goals during a given time period. Career A li...

With regard to assignability, Utah's REPC states what? - Answer no assignment without prior written consent of the seller A Closing Disclosure is a five-page form that provides final details regarding what? - Answer The buyer's real estate transaction. Where is a new loan amount to be acquired by the buyer indicated on a Utah REPC? - Answer page 1 On the REPC, where does the sales price being offered by the buyer appear? - Answer page 1 A real estate agent wishes to hire other real...