Utah exam Certification Questions And Answers Certification Guaranteed Success.

The Director of the Division of Real Estate was: a. Appointed by the governor b. Hired by the Real Estate Commission c. Appointed with the approval of the legislature d. Appointed by the Executive Director of the Department of Commerce - correct answer d.The Director is appointed by the Executive Director of the Department of Commerce The Director of the Division of Real Estate will; a. Prosecute licensees in criminal court b. Overrule the Real Estate Commission in disciplinary matters if the accused is a licensee c. Prepare the Division of Real Estate budget d. Hold his position for a single 4-year term - correct answer c. The director of the Division of Real Estate prepares the annual budget in consultation with the Real Estate Commission. The Real Estate Commission shall not; a. Make rules for the licensing of principal brokers b. Make rules for continuing education requirements for licensees c. Make rules concerning multiple listing service fees d. Make rules setting standards of practice for real estate licensees - correct answer c.Multiple listing services are private clubs. The Real Estate Commission has no power or authority over their fee structure To be a member of the Real Estate Commission you must meet all of the following requirements except; a. No more than one commissioner shall be appointed from any given county b. Be appointed by the Governor and confirmed by the senate c. Serve no more than one consecutive four-year term d. Be a principal broker, associate broker, sales agent or citizen at large - correct answer b Real Estate Commissioners are appointed by the Governor and Confirmed by the Legislature Administrative hearings held to ensure adherence to Division of Real Estate licensing rules are conducted or delegated by; a. The Executive Director b. The Director c. The Real Estate Commission d. The Governor - correct answer c. The Real Estate Commission holds or delegates all disciplinary hearings. They may delegate the task to an administrative law judge who acts under their direction. The Education, Research and Recovery Fund was created primarily to provide a. An additional source of revenue for the state b. A safety net for consumers harmed by real estate licensee's actions c. A benevolent fund for the education of real estate agent's children d. A fund to provide funding for legal counsel to real estate agents in matters of public interest. - correct answer b. The Education, Research and Recovery Fund was established to provide the public with a last resort means to recover losses caused by real estate licensees. The fund does allow use of excess moneys for Education and Research The Utah pioneers established water rights using a different system than was prevalent in the east it is the system of; a. Riparian rights b. Alluvion rights c. Absolute rights d. Prior appropriation - correct answer d. Water in Utah is appropriated based on beneficial use. When an applicant applies for water the State Engineer checks to see if there is water that has not been PRIOR APPROPRIATED. An application for water must show a. A chain of ownership b. The usage of all adjacent neighbors c. A beneficial use d. The certificate of authority - correct answer c. Water may only be appropriated for Beneficial Use in