UTAH STATE NOTARY EXAM ONLINE
PRACTICE 2025 all 300 QUESTIONS AND
CORRECT ANSWERS ALREADY GRADED
A+ LATEST UPDATE
Lily ,is ,considering ,signing ,a ,buyer ,representation ,agreement ,with ,you, ,a ,Utah
,licensee, ,but ,she's ,unconvinced. ,"What's ,in ,it ,for ,me?" ,she ,asks. ,What's ,one
,major ,benefit ,to ,her ,when ,she ,signs ,the ,buyer ,representation ,agreement?
a. ,It ,guarantees ,you'll ,get ,a ,commission.
b. ,It ,makes ,her ,look ,more ,serious ,in ,the ,seller's ,eyes.
c. ,It ,means ,you're ,representing ,her ,and ,not ,the ,seller.
d. ,It's ,less ,time-consuming ,for ,you. ,- ,CORRECT ,ANSWER-c. ,It ,means ,you're
,representing ,her ,and ,not ,the ,seller.
Which ,of ,the ,following ,is ,true ,about ,the ,debit ,and ,credit ,columns ,on ,a ,buyer's
,closing ,statement?
a. ,The ,credits ,will ,be ,higher, ,since ,the ,buyer ,is ,getting ,a ,loan.
b. ,The ,debits ,will ,be ,higher, ,since ,the ,buyer ,is ,purchasing ,a ,property.
c. ,There ,is ,no ,way ,of ,knowing ,whether ,debits ,or ,credits ,will ,be ,higher, ,since
,they're ,specific ,to ,the ,transaction.
d. ,They'll ,be ,equal, ,since ,the ,purpose ,of ,the ,closing ,statement ,is ,to ,balance
,costs ,and ,incoming ,funds. ,- ,CORRECT ,ANSWER-d. ,They'll ,be ,equal, ,since ,the
,purpose ,of ,the ,closing ,statement ,is ,to ,balance ,costs ,and ,incoming ,funds.
When ,Utah ,licensees ,receive ,funds ,related ,to ,a ,transaction, ,which ,of ,the
,following ,is ,a ,true ,statement?
a. ,They ,must ,deposit ,the ,funds ,within ,three ,banking ,days.
b. ,They ,must ,hold ,onto ,the ,funds ,until ,they ,receive ,written ,instruction ,from ,the
,parties ,or ,until ,closing.
c. ,They ,must ,inform ,their ,principal ,broker ,and ,deposit ,the ,funds ,immediately.
d. ,They ,must ,inform ,their ,principal ,broker ,and ,immediately ,turn ,over ,the ,funds.
,- ,CORRECT ,ANSWER-d. ,They ,must ,inform ,their ,principal ,broker ,and
,immediately ,turn ,over ,the ,funds.
,Your ,client's ,offer ,to ,purchase ,a ,new ,home ,in ,Orem ,was ,accepted. ,You
,remember ,to ,deposit ,her ,escrow ,funds ,into ,a ,brokerage ,trust ,account ,and ,to
,get ,documentation ,of ,the ,transaction. ,What ,else, ,if ,anything, ,should ,you ,do?
a. ,Make ,sure ,that ,you ,assign ,this ,transaction ,a ,sequential ,transaction ,number.
b. ,Nothing; ,you've ,done ,all ,that's ,required.
c. ,Send ,all ,parties ,a ,copy ,of ,the ,transaction ,documentation ,after ,30 ,days.
d. ,Verify ,that ,it ,is ,in ,an ,interest-bearing ,account. ,- ,CORRECT ,ANSWER-a. ,Make
,sure ,that ,you ,assign ,this ,transaction ,a ,sequential ,transaction ,number.
Which ,of ,the ,following ,statements ,about ,agency ,creation ,in ,Utah ,is ,true?
a. ,The ,agency ,relationship ,must ,be ,created ,using ,a ,written ,agreement.
b. ,The ,agency ,relationship ,must ,be ,created ,using ,a ,written ,agreement ,that ,is
,signed ,by ,both ,parties.
c. ,The ,agency ,relationship ,must ,be ,created ,using ,a ,written ,agreement ,that ,is
,signed ,by ,both ,parties ,and ,notarized.
d. ,The ,agency ,relationship ,must ,be ,created ,using ,a ,written ,or ,verbal ,agency
,agreement. ,- ,CORRECT ,ANSWER-b. ,The ,agency ,relationship ,must ,be ,created
,using ,a ,written ,agreement ,that ,is ,signed ,by ,both ,parties.
With ,______, ,your ,client ,is ,saying, ,"You ,acted ,as ,my ,agent ,without ,authority;
,now, ,here's ,your ,authority."
a. ,Estoppel
b. ,Express ,agency
c. ,Implied ,agency
d. ,Ratification ,- ,CORRECT ,ANSWER-d. ,Ratification
Jeremy ,was ,found ,guilty ,of ,violating ,license ,law ,but ,doesn't ,believe ,he ,did
,anything ,wrong. ,Which ,of ,these ,actions ,should ,he ,take ,to ,have ,the ,most
,positive ,effect?
a. ,Ask ,to ,speak ,privately ,to ,the ,presiding ,officer ,of ,the ,Utah ,Division ,of ,Real
,Estate.
b. ,Call ,two ,or ,three ,witnesses ,to ,testify ,on ,his ,behalf.
c. ,Conduct ,his ,own ,investigation ,against ,the ,Utah ,Division ,of ,Real ,Estate.
d. ,Request ,an ,agency ,or ,judicial ,review. ,- ,CORRECT ,ANSWER-d. ,Request ,an
,agency ,or ,judicial ,review.
Aside ,from ,her ,license ,being ,revoked, ,what ,other ,consequences ,may ,licensee
,Kim ,face ,when ,the ,recovery ,fund ,pays ,a ,judgment ,on ,her ,behalf?
a. ,Community ,service
b. ,Disciplinary ,actions
c. ,Negative ,credit ,rating
d. ,Tax ,penalties ,- ,CORRECT ,ANSWER-b. ,Disciplinary ,actions
When ,is ,a ,Utah ,real ,estate ,license ,required?
a. ,When ,performing ,maintenance ,work ,for ,one ,property ,owner
, b. ,When ,performing ,real ,estate ,activities ,for ,others, ,for ,compensation ,of ,any
,kind
c. ,When ,performing ,real ,estate ,activities ,for ,others, ,without ,compensation
d. ,When ,performing ,real ,estate ,activities ,for ,yourself ,- ,CORRECT ,ANSWER-b.
,When ,performing ,real ,estate ,activities ,for ,others, ,for ,compensation ,of ,any ,kind
Which ,of ,the ,following ,agreement ,types ,must ,be ,in ,writing ,to ,be ,legally
,enforceable, ,according ,to ,the ,statute ,of ,frauds?
a. ,Credit ,agreements
b. ,Statements ,of ,bankruptcy
c. ,The ,buying ,and ,selling ,of ,household ,goods
d. ,Transactions ,involving ,food ,or ,clothing ,- ,CORRECT ,ANSWER-a. ,Credit
,agreements
When ,you're ,representing ,a ,buyer ,client ,at ,closing, ,you ,notice ,a ,debit ,to ,your
,buyer ,on ,the ,closing ,statement ,for ,a ,tax ,certificate. ,Is ,this ,a ,valid ,fee?
a. ,No. ,The ,tax ,certificate ,is ,a ,legal ,document ,the ,buyer's ,broker ,must ,pay ,for,
,according ,to ,CREC ,rules.
b. ,No. ,The ,tax ,certificate ,is ,the ,seller's ,guarantee ,that ,property ,taxes ,have ,been
,paid, ,and ,should ,be ,shown ,as ,a ,debit ,to ,the ,seller.
c. ,Yes. ,The ,tax ,certificate ,is ,a ,required ,federal ,disclosure ,the ,lender ,must
,provide, ,and ,for ,which ,the ,borrower ,pays.
d. ,Yes. ,The ,tax ,certificate ,is ,obtained ,by ,the ,closing ,agent ,from ,the ,county
,treasurer, ,and ,the ,buyer ,pays ,for ,it. ,- ,CORRECT ,ANSWER-d. ,Yes. ,The ,tax
,certificate ,is ,obtained ,by ,the ,closing ,agent ,from ,the ,county ,treasurer, ,and ,the
,buyer ,pays ,for ,it.
You've ,had ,your ,Utah ,real ,estate ,license ,for ,only ,a ,few ,weeks ,when ,your ,friend
,Amy, ,who's ,also ,a ,real ,estate ,licensee, ,drops ,by ,to ,give ,you ,a ,referral ,fee ,for ,a
,client ,you ,referred ,her ,way ,a ,few ,months ,ago. ,Money's ,been ,tight, ,and ,you're
,happy ,to ,have ,the ,extra ,money. ,Can ,you ,accept ,the ,referral ,fee?
a. ,No, ,because ,only ,licensed ,brokers ,can ,give/receive ,referral ,fees
b. ,No, ,because ,Utah ,licensees ,aren't ,allowed ,to ,give/receive ,referral ,fees
c. ,Yes, ,if ,the ,check ,goes ,through ,your ,principal ,broker.
d. ,Yes, ,if ,the ,check ,is ,made ,out ,to ,you ,personally ,- ,CORRECT ,ANSWER-c. ,Yes,
,if ,the ,check ,goes ,through ,your ,principal ,broker.
How ,will ,seller ,Todd ,pay ,the ,broker's ,commission?
a. ,The ,closing ,agent ,disburses ,commissions ,from ,proceeds ,of ,the ,sale.
b. ,Todd ,writes ,a ,check ,to ,his ,broker ,and ,to ,the ,brokerage ,firm.
c. ,Todd ,writes ,a ,check ,to ,the ,closing ,agent ,for ,the ,broker's ,commission.
d. ,Todd ,writes ,one ,check ,to ,his ,listing ,broker's ,managing ,broker. ,- ,CORRECT
,ANSWER-a. ,The ,closing ,agent ,disburses ,commissions ,from ,proceeds ,of ,the
,sale.
PRACTICE 2025 all 300 QUESTIONS AND
CORRECT ANSWERS ALREADY GRADED
A+ LATEST UPDATE
Lily ,is ,considering ,signing ,a ,buyer ,representation ,agreement ,with ,you, ,a ,Utah
,licensee, ,but ,she's ,unconvinced. ,"What's ,in ,it ,for ,me?" ,she ,asks. ,What's ,one
,major ,benefit ,to ,her ,when ,she ,signs ,the ,buyer ,representation ,agreement?
a. ,It ,guarantees ,you'll ,get ,a ,commission.
b. ,It ,makes ,her ,look ,more ,serious ,in ,the ,seller's ,eyes.
c. ,It ,means ,you're ,representing ,her ,and ,not ,the ,seller.
d. ,It's ,less ,time-consuming ,for ,you. ,- ,CORRECT ,ANSWER-c. ,It ,means ,you're
,representing ,her ,and ,not ,the ,seller.
Which ,of ,the ,following ,is ,true ,about ,the ,debit ,and ,credit ,columns ,on ,a ,buyer's
,closing ,statement?
a. ,The ,credits ,will ,be ,higher, ,since ,the ,buyer ,is ,getting ,a ,loan.
b. ,The ,debits ,will ,be ,higher, ,since ,the ,buyer ,is ,purchasing ,a ,property.
c. ,There ,is ,no ,way ,of ,knowing ,whether ,debits ,or ,credits ,will ,be ,higher, ,since
,they're ,specific ,to ,the ,transaction.
d. ,They'll ,be ,equal, ,since ,the ,purpose ,of ,the ,closing ,statement ,is ,to ,balance
,costs ,and ,incoming ,funds. ,- ,CORRECT ,ANSWER-d. ,They'll ,be ,equal, ,since ,the
,purpose ,of ,the ,closing ,statement ,is ,to ,balance ,costs ,and ,incoming ,funds.
When ,Utah ,licensees ,receive ,funds ,related ,to ,a ,transaction, ,which ,of ,the
,following ,is ,a ,true ,statement?
a. ,They ,must ,deposit ,the ,funds ,within ,three ,banking ,days.
b. ,They ,must ,hold ,onto ,the ,funds ,until ,they ,receive ,written ,instruction ,from ,the
,parties ,or ,until ,closing.
c. ,They ,must ,inform ,their ,principal ,broker ,and ,deposit ,the ,funds ,immediately.
d. ,They ,must ,inform ,their ,principal ,broker ,and ,immediately ,turn ,over ,the ,funds.
,- ,CORRECT ,ANSWER-d. ,They ,must ,inform ,their ,principal ,broker ,and
,immediately ,turn ,over ,the ,funds.
,Your ,client's ,offer ,to ,purchase ,a ,new ,home ,in ,Orem ,was ,accepted. ,You
,remember ,to ,deposit ,her ,escrow ,funds ,into ,a ,brokerage ,trust ,account ,and ,to
,get ,documentation ,of ,the ,transaction. ,What ,else, ,if ,anything, ,should ,you ,do?
a. ,Make ,sure ,that ,you ,assign ,this ,transaction ,a ,sequential ,transaction ,number.
b. ,Nothing; ,you've ,done ,all ,that's ,required.
c. ,Send ,all ,parties ,a ,copy ,of ,the ,transaction ,documentation ,after ,30 ,days.
d. ,Verify ,that ,it ,is ,in ,an ,interest-bearing ,account. ,- ,CORRECT ,ANSWER-a. ,Make
,sure ,that ,you ,assign ,this ,transaction ,a ,sequential ,transaction ,number.
Which ,of ,the ,following ,statements ,about ,agency ,creation ,in ,Utah ,is ,true?
a. ,The ,agency ,relationship ,must ,be ,created ,using ,a ,written ,agreement.
b. ,The ,agency ,relationship ,must ,be ,created ,using ,a ,written ,agreement ,that ,is
,signed ,by ,both ,parties.
c. ,The ,agency ,relationship ,must ,be ,created ,using ,a ,written ,agreement ,that ,is
,signed ,by ,both ,parties ,and ,notarized.
d. ,The ,agency ,relationship ,must ,be ,created ,using ,a ,written ,or ,verbal ,agency
,agreement. ,- ,CORRECT ,ANSWER-b. ,The ,agency ,relationship ,must ,be ,created
,using ,a ,written ,agreement ,that ,is ,signed ,by ,both ,parties.
With ,______, ,your ,client ,is ,saying, ,"You ,acted ,as ,my ,agent ,without ,authority;
,now, ,here's ,your ,authority."
a. ,Estoppel
b. ,Express ,agency
c. ,Implied ,agency
d. ,Ratification ,- ,CORRECT ,ANSWER-d. ,Ratification
Jeremy ,was ,found ,guilty ,of ,violating ,license ,law ,but ,doesn't ,believe ,he ,did
,anything ,wrong. ,Which ,of ,these ,actions ,should ,he ,take ,to ,have ,the ,most
,positive ,effect?
a. ,Ask ,to ,speak ,privately ,to ,the ,presiding ,officer ,of ,the ,Utah ,Division ,of ,Real
,Estate.
b. ,Call ,two ,or ,three ,witnesses ,to ,testify ,on ,his ,behalf.
c. ,Conduct ,his ,own ,investigation ,against ,the ,Utah ,Division ,of ,Real ,Estate.
d. ,Request ,an ,agency ,or ,judicial ,review. ,- ,CORRECT ,ANSWER-d. ,Request ,an
,agency ,or ,judicial ,review.
Aside ,from ,her ,license ,being ,revoked, ,what ,other ,consequences ,may ,licensee
,Kim ,face ,when ,the ,recovery ,fund ,pays ,a ,judgment ,on ,her ,behalf?
a. ,Community ,service
b. ,Disciplinary ,actions
c. ,Negative ,credit ,rating
d. ,Tax ,penalties ,- ,CORRECT ,ANSWER-b. ,Disciplinary ,actions
When ,is ,a ,Utah ,real ,estate ,license ,required?
a. ,When ,performing ,maintenance ,work ,for ,one ,property ,owner
, b. ,When ,performing ,real ,estate ,activities ,for ,others, ,for ,compensation ,of ,any
,kind
c. ,When ,performing ,real ,estate ,activities ,for ,others, ,without ,compensation
d. ,When ,performing ,real ,estate ,activities ,for ,yourself ,- ,CORRECT ,ANSWER-b.
,When ,performing ,real ,estate ,activities ,for ,others, ,for ,compensation ,of ,any ,kind
Which ,of ,the ,following ,agreement ,types ,must ,be ,in ,writing ,to ,be ,legally
,enforceable, ,according ,to ,the ,statute ,of ,frauds?
a. ,Credit ,agreements
b. ,Statements ,of ,bankruptcy
c. ,The ,buying ,and ,selling ,of ,household ,goods
d. ,Transactions ,involving ,food ,or ,clothing ,- ,CORRECT ,ANSWER-a. ,Credit
,agreements
When ,you're ,representing ,a ,buyer ,client ,at ,closing, ,you ,notice ,a ,debit ,to ,your
,buyer ,on ,the ,closing ,statement ,for ,a ,tax ,certificate. ,Is ,this ,a ,valid ,fee?
a. ,No. ,The ,tax ,certificate ,is ,a ,legal ,document ,the ,buyer's ,broker ,must ,pay ,for,
,according ,to ,CREC ,rules.
b. ,No. ,The ,tax ,certificate ,is ,the ,seller's ,guarantee ,that ,property ,taxes ,have ,been
,paid, ,and ,should ,be ,shown ,as ,a ,debit ,to ,the ,seller.
c. ,Yes. ,The ,tax ,certificate ,is ,a ,required ,federal ,disclosure ,the ,lender ,must
,provide, ,and ,for ,which ,the ,borrower ,pays.
d. ,Yes. ,The ,tax ,certificate ,is ,obtained ,by ,the ,closing ,agent ,from ,the ,county
,treasurer, ,and ,the ,buyer ,pays ,for ,it. ,- ,CORRECT ,ANSWER-d. ,Yes. ,The ,tax
,certificate ,is ,obtained ,by ,the ,closing ,agent ,from ,the ,county ,treasurer, ,and ,the
,buyer ,pays ,for ,it.
You've ,had ,your ,Utah ,real ,estate ,license ,for ,only ,a ,few ,weeks ,when ,your ,friend
,Amy, ,who's ,also ,a ,real ,estate ,licensee, ,drops ,by ,to ,give ,you ,a ,referral ,fee ,for ,a
,client ,you ,referred ,her ,way ,a ,few ,months ,ago. ,Money's ,been ,tight, ,and ,you're
,happy ,to ,have ,the ,extra ,money. ,Can ,you ,accept ,the ,referral ,fee?
a. ,No, ,because ,only ,licensed ,brokers ,can ,give/receive ,referral ,fees
b. ,No, ,because ,Utah ,licensees ,aren't ,allowed ,to ,give/receive ,referral ,fees
c. ,Yes, ,if ,the ,check ,goes ,through ,your ,principal ,broker.
d. ,Yes, ,if ,the ,check ,is ,made ,out ,to ,you ,personally ,- ,CORRECT ,ANSWER-c. ,Yes,
,if ,the ,check ,goes ,through ,your ,principal ,broker.
How ,will ,seller ,Todd ,pay ,the ,broker's ,commission?
a. ,The ,closing ,agent ,disburses ,commissions ,from ,proceeds ,of ,the ,sale.
b. ,Todd ,writes ,a ,check ,to ,his ,broker ,and ,to ,the ,brokerage ,firm.
c. ,Todd ,writes ,a ,check ,to ,the ,closing ,agent ,for ,the ,broker's ,commission.
d. ,Todd ,writes ,one ,check ,to ,his ,listing ,broker's ,managing ,broker. ,- ,CORRECT
,ANSWER-a. ,The ,closing ,agent ,disburses ,commissions ,from ,proceeds ,of ,the
,sale.
