Specific Portion)Questions & Answers
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Shonda is a Utah Licensee who oversees a brokerage firm and other licensees. What is
Shonda's role? - ANSWERSPrincipal Broker
A seller is refusing to pay his agent's commission, under Utah law who is allowed to sue
for the commission? - ANSWERSThe agent's principal broker
Carmela is a real estate licensee in Utah, she has three other licensees working under
her supervision. What type of license does Carmela hold? - ANSWERSPrincipal Broker
Only principal brokers have the authority to supervise other licensees
During the last 12 months, Utah licensee Joe closed eight transactions involving single
family dwellings and one duplex. How many experience points is this? - ANSWERS25
points
One unit residential dwellings earn 2.5 points and two-four unit residential dwellings
earn 5 points
Utah has reciprocal licensure agreements with what states and provinces? -
ANSWERSGeorgia, Mississippi and Alberta, Canada
What activities are required to be reported to the division? - ANSWERSLegal change of
name
If there is a change in branch managers/associate brokers
What responsibilities are a PUD property manager in charge of? - ANSWERSManaging
maintenance, landscaping, security issues/concerns and enforcing regulations
What is required of property management agreements? - ANSWERSThey should
include each party's duties and responsibilities
Under what circumstances is an individual exempt from needing a Utah real estate
license? - ANSWERSAn estate attorney who performs real estate services as part of
his/her duties
A person acting under court order
A person selling their own property