UTAH REAL ESTATE EXAM
Be aorded a hearing before the Utah Real Estate Commission
Correct answer: Before a licensee's license may be suspended or revoked for prohibited
discriminatory
practices, the licensee must:b. be aorded a hearing before the Utah Real Estate
Commission
b. 90 days
Correct answer: After being notied 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 oice
Correct answer: Where must a sales agent have his license displayed?
obtains his license
Correct answer: A sales agent applicant may solicit listings and negotiate with prospects
when he:
b. ve members
Correct answer: The Real Estate Commission has:
d. plumbing repair bills for a property on which the broker has a management contract
Correct answer: Which of the following would be a proper disbursement from a broker's
trust account?
,d. must operate under the same name as the main oice under an associate broker
Correct answer: A branch oice:
c. within four banking days
Correct answer: Funds received by a broker as earnest money must be deposited in the
trust account:
b. Utah
Correct answer: A broker licensed in Utah as a nonresident principal broker must maintain
a principle
business location in:
c. act as an agent for the broker his or her license is on le with
Correct answer: Provided that he or she has an active license, a sales agent may:
a. rules of the Commission
b. Utah state statutes
c. the law of agency
answer d. None of the above
Correct answer: A real estate principal broker is prohibited from purchasing real estate on
his own
behalf by
a. promulgating rules relating to the conduct of real estate brokers and sales agents
b. establishing license fees for real estate licensees
c. investigating complaints
d. all of the above
, Correct answer: Duties of the Real Estate Commission include:
a. give the buyer and the seller written notice that he or she is an agent for the seller
Correct answer: A real estate licensee who is an agent for the seller must:
a. An auctioneer auctioning real estate
Correct answer: Which of the following would be required to have a real estate principal
broker
present?
a. civil penalty of up to $500
b. criminal ne of up to $1,000
c. lawsuit for civil damages
d. all of the above
Correct answer: In the case of a violation of the license law by a licensee, the licensee
may be subject
to a
b. for three years following the year in which closing occurred
Correct answer: A real estate principal broker must maintain a copy of closing statements:
b. The sales agent's principal broker
Correct answer: A sales agent who has both negotiated the listing and found the buyer for
the property may bring a lawsuit against which of the following for the commission if the
commission is not paid as agreed in the listing?
a. January 1
Be aorded a hearing before the Utah Real Estate Commission
Correct answer: Before a licensee's license may be suspended or revoked for prohibited
discriminatory
practices, the licensee must:b. be aorded a hearing before the Utah Real Estate
Commission
b. 90 days
Correct answer: After being notied 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 oice
Correct answer: Where must a sales agent have his license displayed?
obtains his license
Correct answer: A sales agent applicant may solicit listings and negotiate with prospects
when he:
b. ve members
Correct answer: The Real Estate Commission has:
d. plumbing repair bills for a property on which the broker has a management contract
Correct answer: Which of the following would be a proper disbursement from a broker's
trust account?
,d. must operate under the same name as the main oice under an associate broker
Correct answer: A branch oice:
c. within four banking days
Correct answer: Funds received by a broker as earnest money must be deposited in the
trust account:
b. Utah
Correct answer: A broker licensed in Utah as a nonresident principal broker must maintain
a principle
business location in:
c. act as an agent for the broker his or her license is on le with
Correct answer: Provided that he or she has an active license, a sales agent may:
a. rules of the Commission
b. Utah state statutes
c. the law of agency
answer d. None of the above
Correct answer: A real estate principal broker is prohibited from purchasing real estate on
his own
behalf by
a. promulgating rules relating to the conduct of real estate brokers and sales agents
b. establishing license fees for real estate licensees
c. investigating complaints
d. all of the above
, Correct answer: Duties of the Real Estate Commission include:
a. give the buyer and the seller written notice that he or she is an agent for the seller
Correct answer: A real estate licensee who is an agent for the seller must:
a. An auctioneer auctioning real estate
Correct answer: Which of the following would be required to have a real estate principal
broker
present?
a. civil penalty of up to $500
b. criminal ne of up to $1,000
c. lawsuit for civil damages
d. all of the above
Correct answer: In the case of a violation of the license law by a licensee, the licensee
may be subject
to a
b. for three years following the year in which closing occurred
Correct answer: A real estate principal broker must maintain a copy of closing statements:
b. The sales agent's principal broker
Correct answer: A sales agent who has both negotiated the listing and found the buyer for
the property may bring a lawsuit against which of the following for the commission if the
commission is not paid as agreed in the listing?
a. January 1
