Complete Solutions15
Jamal, a Utah licensee, is listing a great new luxury property, but the owner has requested he
not put any for sale signs on the property, as they are a violation of subdivision rules. Jamal
knows the owner will be out of town on business for two months, so he decides to put a sign on
the lawn, but plans to remove it before the owner returns. Which of the following is a true
statement?
Jamal could be subject to a fine of up to $15,000 for the first offense.
Jamal could have his license suspended and be subject to a fine of up to $2,000.
Jamal could have his license suspended and be subject to a fine of up to $20,000.
Jamal could lose his license, be subject to a fine of up to $5,000, and spend time in jail. -
ANSWERS-Jamal could lose his license, be subject to a fine of up to $5,000, and spend time in
jail.
The formal adjudicatory hearing is held by a presiding officer or ___________.
Administrative law judge
Director of the Utah Real Estate Commission
District court judge
Division investigator - ANSWERS-Admin law judge
Which of these statements best defines the Division of Real Estate?
, It assists consumers by advocating for the rights of all citizens to own, buy, and sell real estate.
It has an advisory role to the Real Estate Commission and is responsible for developing and
promulgating regulations affecting real estate licensees.
It regulates the activities of all licensees through the Utah Association of REALTORS®.
It's responsible for the education, licensure, and regulation of real estate, mortgage, and
appraisal professionals. - ANSWERS-It's responsible for the education, licensure, and regulation
of real estate, mortgage, and appraisal professionals.
Which one of these individuals needs a real estate license?
An appraiser who is appraising real estate
An attorney who is assisting a client in understanding a sales contract
An individual selling his own home
Someone performing real estate services for others for a fee - ANSWERS-Someone performing
real estate services for others for a fee
Once your application to appropriate water is approved, the state engineer issues you a
_______.
Deed of water ownership
Permit to drill a well
Water appropriation application
Water right certificate - ANSWERS-Water Right Cert