Real Estate Utah Complete Exam Questions And Answers Graded A+.
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Course
UTAH.
Institution
UTAH.
How many hours of continuing education certified as CORE must be completed per renewal period? - correct answer 9
How many TOTAL hours of continuing education must be completed per renewal period? - correct answer 18
Wh...
How many hours of continuing education certified as CORE must be completed per renewal period? -
correct answer 9
How many TOTAL hours of continuing education must be completed per renewal period? - correct
answer 18
What evidence is part of the requirement of character in Utah's qualification for licensure? - correct
answer Evidence of Honesty
What type of real estate license is not available in Utah? - correct answer Buyer's
Agent
Would advertising a friend's home and charging them for the service require an active license? - correct
answer Yes
In Utah, how often must licenses be renewed? - correct answer Every 2 years
Regarding real estate transactions, what can an agent legally do with an inactive license? - correct
answer Nothing.
What must a new licensee do in the first renewal period to renew a license? - correct answer
Take the 12 hour new agent course
What does RELMS stand for? - correct answer Real Estate License Management
System
To re-activate a sales agent license, what must be submitted to the division? - correct answer
Evidence of affiliation with a broker
,What are the 2 main categories in Utah's qualification for licensure? - correct answer
Character and Competency
How old must an applicant be to apply for a sales agent license in Utah? - correct answer
18
Before hiring a personal assistant, the agent should obtain approval from whom? - correct answer
The agent's broker
Can a licensee submit the same continuing education that has previously been submitted for renewal? -
correct answer No
Is continuing education required for renewal? - correct answer Yes
What is an education requirement to get a Utah real estate license? - correct answer
High school diploma
How many hours is the pre-licensure course? - correct answer 120 hours
Who is most likely to review all of the contracts that agents fill out in a real estate office? - correct
answer The principal broker
Should an agent represent clients in their license is inactive? - correct answer No
Does a facility that has been established for 12 months or less as a temporary site need to be registered
as a branch office? - correct answer No
How many members make up the Utah Real Estate Commission? - correct answer 5
What is a party that is represented by an agent/broker? - correct answer The
principal
,Does a broker need to provide a company car to their agents? - correct answer No
What is the government organization of real estate in Utah? - correct answer Utah
Division of Real Estate
Who is appointed in charge of the Division of Real Estate? - correct answer A
director
How many members of the Real Estate Commission must hold an active license as a broker or sales
agent? - correct answer 4
Who may sales agents receive compensation from? - correct answer The agent's
broker
What is the Utah Division of Real Estate a part of? - correct answer The Utah
Department of Commerce
How many years are members of the Real Estate Commission appointed for? - correct answer
4
What organization creates licensing rules? - correct answer The Utah Real Estate
Commission
What organization administers and enforced licensing rules? - correct answer The
Utah Division of Real Estate
What is the link to the website for the Utah Division of Real Estate? - correct answer
www.realestate.utah.gov
In the case of the death or bankruptcy of the principal broker, what should the Utah Division of Real
Estate have written notice of? - correct answer The current location of the
brokerage records.
, What is the maximum amount you can spend on a gift for someone that gave you an unsolicited
referral? - correct answer $150
In order to legally take part in real estate transactions, what must an agent do? - correct answer
Be affiliated with a broker
John puts $100 of his client's down payment deposit into his personal account. He should be found
guilty of what? - correct answer Commingling Funds
The Utah Administrative Code consists of what? - correct answer Administrative
rules
What should an agent do before participating in dual representation? - correct answer
Receive consent from the principal parties
What disciplinary action would the commission NOT be able to order? - correct answer
Jail time
After signing a buyer representation agreement with a buyer, what should the agent do? - correct
answer Give a copy to the buyer
In what case is a licensee required to disclose a criminal conviction to the division of real estate? -
correct answer Always
In order to legally give a thank you gift to an unlicensed person for receiving a referral, what must the
referral be? - correct answer Unsolicited
The revocation of a license by the commission is an example of what? - correct answer
Disciplinary Sanction
What is the maximum amount the commission can fine a licensee for each violation as a civil penalty? -
correct answer $5000 or the amount of gain or economic benefit derived
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