Utah law practice Exam Questions And Answers

The executive director of the department of commerce is appointed by - collect answer-the Governor The real estate commission has authority in all of the following areas - collect answer-1. establish licensing fees 2. advise the director 3. consult with the director The distinguishing feature between the Division of Real Estate and the Association of Realtors is - collect answer-the Division is a government regulatory body whereas the association is a trade group If a corporation applied for a license to run a brokerage, What type of license would they get? - collect answer-Corporation can't get a license For a corporation to be granted a license as a real estate brokerage - collect answer-it must employ a real estate broker to manage brokerage operations. How soon must a licensee notify the division of a status change? - collect answer-10 days If a licensee changes their name, what must they do within 10 days? - collect answer-Provide the division a copy of the name change documentation