Utah real estate stuvia Study guides, Class notes & Summaries

b. be afforded a hearing before the Utah Real Estate Commission - Answer 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 b. 90 days - Answer After being notified 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 office - Answer Where must a sales a...

Utah Real Estate Exam 2023-2024 Correct Questions and Answers 100% CorrectUtah Real Estate Exam 2023-2024 Correct Questions and Answers 100% CorrectUtah Real Estate Exam 2023-2024 Correct Questions and Answers 100% CorrectUtah Real Estate Exam 2023-2024 Correct Questions and Answers 100% Correct b. be afforded a hearing before the Utah Real Estate Commission - ANSWERSBefore a licensee's license may be suspended or revoked for prohibited discriminatory practices, the licensee must:b. be af...

How many hours of continuing education certified as CORE must be completed per renewal period? - Answer 9 How many TOTAL hours of continuing education must be completed per renewal period? - Answer 18 What evidence is part of the requirement of character in Utah's qualification for licensure? - Answer Evidence of Honesty What type of real estate license is not available in Utah? - Answer Buyer's Agent Would advertising a friend's home and charging them for the service require an a...

Utah Real Estate Exam Prep Questions and Answers 100% CorrectUtah Real Estate Exam Prep Questions and Answers 100% CorrectUtah Real Estate Exam Prep Questions and Answers 100% Correct Trust accounts are designed for other people's money - ANSWERSTrue The Real Estate Trust Account can draw interest not to exceed..... - ANSWERS0% According to Utah Law, the earnest money must be deposited within ---- business/banking/working days - ANSWERS3 In the real estate trust account, the broker ca...

Trust accounts are designed for other people's money - Answer True The Real Estate Trust Account can draw interest not to exceed..... - Answer 0% According to Utah Law, the earnest money must be deposited within ---- business/banking/working days - Answer 3 In the real estate trust account, the broker can deposit no more than ------ of his or her own money - Answer 500 If brokers place more than the allowed amount of their own money in the trust account, they are guilty of commingli...

The New Construction REPC allows for the purchase price on the home to be increased if - Answer A written change order is signed in advance by the buyer and seller If the seller will not agree to an option, it might be a good time to use a(n): - Answer First right of refusal A special warranty deed contains the Covenant Against Encumbrances. It only covers the time period the ___________________ was responsible for the property. - Answer Grantor A land measurement system that uses angl...

Which of the following options would NOT satisfy the points requirement for a broker applicant to get their license? (a) 60 points that come from selling properties. (b) A combination of 45 points from sales and 15 points from property management. (c) A combination of 45 points from real estate and 15 points from optional allowed activities. (d) 60 points for property management while employed by the owner. - Answer d. 60 points for property management while employed by the owner If a ...

CERLA - Answer In 1980 the federal government adopted into law the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA). This law's purpose is to identify sites of environmental pollution and provide funds for cleanup. key word: CLEANUP EPA - Answer EPA The Environmental Protection Agency (EPA) is the federal agency responsible for dealing with environmental issues. The agency advises Congress and the president regarding laws to protect the environment. The agenc...

With regard to assignability, Utah's REPC states what? - ANSWERSno assignment without prior written consent of the seller A Closing Disclosure is a five-page form that provides final details regarding what? - ANSWERSThe buyer's real estate transaction. Where is a new loan amount to be acquired by the buyer indicated on a Utah REPC? - ANSWERSpage 1 On the REPC, where does the sales price being offered by the buyer appear? - ANSWERSpage 1 A real estate agent wishes to hire other real...

With regard to assignability, Utah's REPC states what? - Answer no assignment without prior written consent of the seller A Closing Disclosure is a five-page form that provides final details regarding what? - Answer The buyer's real estate transaction. Where is a new loan amount to be acquired by the buyer indicated on a Utah REPC? - Answer page 1 On the REPC, where does the sales price being offered by the buyer appear? - Answer page 1 A real estate agent wishes to hire other real...