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Utah real estate Exam Questions With 100%
Verified Answers.
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 own
behalf by - answer✔a. rules of the Commission
, ©BRAINBARTER 2024/2025
b. Utah state statutes
c. the law of agency
answer d. None of the above
Duties of the Real Estate Commission include: - answer✔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
A real estate licensee who is an agent for the seller must: - answer✔a. give the buyer and the
seller written notice that he or she is an agent for the seller
Which of the following would be required to have a real estate principal broker
present? - answer✔a. An auctioneer auctioning real estate
In the case of a violation of the license law by a licensee, the licensee may be subject
to a - answer✔a. civil penalty of up to $500
b. criminal fine of up to $1,000
c. lawsuit for civil damages
d. all of the above
A real estate principal broker must maintain a copy of closing statements: - answer✔b. for three
years following the year in which closing occurred
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? - answer✔b. The sales agent's principal broker
The lien for real property taxes attaches as of: - answer✔a. January 1
To claim a mechanic's lien for materials supplied, a supplier must file a notice of the lien in the
public record within? - answer✔90 Days after the material is supplied
Which of the following would not be shown on a subdivision plat? - answer✔d. Location of the
home on the lot
A long-range guide for the development of a community is called a: - answer✔a. master plan
, ©BRAINBARTER 2024/2025
Which of the following statements regarding the Utah Uniform Land Sales Practices Act is NOT
true? - answer✔b. The Act does apply to the disposition of timeshare interests in an existing
condominium
If a landowner desires a variance from an existing zoning ordinance, the landowner would make
an appeal to: - answer✔c. the county or city Board of Adjustment
In regards to water rights, Utah follows: - answer✔a. an appropriation system
The trustor in connection with a trust deed is the party who: - answer✔c. signs the note
The successful bidder at a sheriff's sale receives: - answer✔a. a certificate of sale
All of the following statements are true regarding a mortgage foreclosure, except: - answer✔b.
there is not right of redemption following the foreclosure sale
Which of these statements is true in regard to real estate contracts (installment sale
contracts)? - answer✔a. Seller is the legal owner
The period of redemption following a trustee's sale under a deed of trust is: - answer✔a. three
months
b. six months
c. one year
d. none of the above
If a buyer defaults on a real estate contract, the vendor may: - answer✔b. foreclose the contract
as if it were a mortgage
A judgment lien attaches to: - answer✔a. the debtor's real property in the county or counties
where the judgment is docketed
An earnest money deposit received by a sales agent should be turned over to the: - answer✔c. the
sales agent's principle broker
All of the following are voluntary liens, except: - answer✔c. mechanic's lien
State property tax liens have priority: - answer✔d. over all other liens
A deficiency judgment: - answer✔d. must be requested following a sheriff's sale
Which of the following may not file a mechanic's lien? - answer✔d. original loan officer
Utah real estate Exam Questions With 100%
Verified Answers.
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 own
behalf by - answer✔a. rules of the Commission
, ©BRAINBARTER 2024/2025
b. Utah state statutes
c. the law of agency
answer d. None of the above
Duties of the Real Estate Commission include: - answer✔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
A real estate licensee who is an agent for the seller must: - answer✔a. give the buyer and the
seller written notice that he or she is an agent for the seller
Which of the following would be required to have a real estate principal broker
present? - answer✔a. An auctioneer auctioning real estate
In the case of a violation of the license law by a licensee, the licensee may be subject
to a - answer✔a. civil penalty of up to $500
b. criminal fine of up to $1,000
c. lawsuit for civil damages
d. all of the above
A real estate principal broker must maintain a copy of closing statements: - answer✔b. for three
years following the year in which closing occurred
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? - answer✔b. The sales agent's principal broker
The lien for real property taxes attaches as of: - answer✔a. January 1
To claim a mechanic's lien for materials supplied, a supplier must file a notice of the lien in the
public record within? - answer✔90 Days after the material is supplied
Which of the following would not be shown on a subdivision plat? - answer✔d. Location of the
home on the lot
A long-range guide for the development of a community is called a: - answer✔a. master plan
, ©BRAINBARTER 2024/2025
Which of the following statements regarding the Utah Uniform Land Sales Practices Act is NOT
true? - answer✔b. The Act does apply to the disposition of timeshare interests in an existing
condominium
If a landowner desires a variance from an existing zoning ordinance, the landowner would make
an appeal to: - answer✔c. the county or city Board of Adjustment
In regards to water rights, Utah follows: - answer✔a. an appropriation system
The trustor in connection with a trust deed is the party who: - answer✔c. signs the note
The successful bidder at a sheriff's sale receives: - answer✔a. a certificate of sale
All of the following statements are true regarding a mortgage foreclosure, except: - answer✔b.
there is not right of redemption following the foreclosure sale
Which of these statements is true in regard to real estate contracts (installment sale
contracts)? - answer✔a. Seller is the legal owner
The period of redemption following a trustee's sale under a deed of trust is: - answer✔a. three
months
b. six months
c. one year
d. none of the above
If a buyer defaults on a real estate contract, the vendor may: - answer✔b. foreclose the contract
as if it were a mortgage
A judgment lien attaches to: - answer✔a. the debtor's real property in the county or counties
where the judgment is docketed
An earnest money deposit received by a sales agent should be turned over to the: - answer✔c. the
sales agent's principle broker
All of the following are voluntary liens, except: - answer✔c. mechanic's lien
State property tax liens have priority: - answer✔d. over all other liens
A deficiency judgment: - answer✔d. must be requested following a sheriff's sale
Which of the following may not file a mechanic's lien? - answer✔d. original loan officer
