2024 Utah real estate exam Questions + Answers Graded A+

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 - Answer-b. be afforded a hearing before the Utah Real Estate Commission After being notified of passing the license exam, an applicant has how many days to pay the appropriate license fee? - Answer-b. 90 days Where must a sales agent have his license displayed? - Answer-c. Prominently displayed on the wall at his principal brokers office A sales agent applicant may solicit listings and negotiate with prospects when he: - Answer-obtains his license The Real Estate Commission has: - Answer-b. five members Which of the following would be a proper disbursement from a broker's trust account? - Answer-d. plumbing repair bills for a property on which the broker has a management contract A branch office: - Answer-d. must operate under the same name as the main office under an associate broker Funds received by a broker as earnest money must be deposited in the trust account: - Answer-c. within four banking days A broker licensed in Utah as a nonresident principal broker must maintain a principle business location in: - Answer-b. Utah Provided that he or she has an active license, a sales agent may: - Answer-c. act as an agent for the broker his or her license is on file with A real estate principal broker is prohibited from purchasing real estate on his ownbehalf by - Answer-a. rules of the Commission b. Utah state statutes c. the law of agency answer d. None of the above