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UTAH State Final Exam Questions Correctly Answered. Carol disagrees with the commission's final order on her violation. How many days does she have to file a notice to appeal the decision? - CORRECT ANSWER 30 What are the acceptable ways for a consumer to submit a complaint to the division o...

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  • November 23, 2024
  • 9
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • utah
  • utah state final exam questions correctly answered

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UTAH State Final Exam Questions
Correctly Answered.
Carol disagrees with the commission's final order on her violation. How many days does she have to file
a notice to appeal the decision? - CORRECT ANSWER 30



What are the acceptable ways for a consumer to submit a complaint to the division other than by fax or
in person? - CORRECT ANSWER Mail

Does not have to be certified



The Utah Division of Real Estate may ask for written statements from ___________ as part of the
investigation.

Character witnesses

Family members

Involved parties

Prior clients - CORRECT ANSWER Involved Parties



Now in his fifth year as a licensee, associate broker Brent just had to declare personal bankruptcy. Which
of the following is true?



He doesn't have any obligation to disclose this to the division.

He should disclose this fact on his form when he gets his license renewed.

He should report this to his principal broker.

He should report this within 10 business days to the division. - CORRECT ANSWER He doesn't have any
obligation to disclose this to the division.



A broker representing both parties in a transaction, with ______, is called limited agency.



Agency eligibility

Disclosure of dual representation

, Permission from the real estate commission

Written informed consent - CORRECT ANSWER Written informed consent



It looks as if licensee Devin is going to only get six hours of required CE before the end of the year. He
has one more year until his license renews. What can Devin do to retain his license?




Request a one-time exemption.

Submit an extension request.

Take 10 more hours of core continuing education.

Take 12 more hours, making sure that at least nine are core topics. - CORRECT ANSWER Take 12 more
hours, making sure that at least nine are core topics.



Which of the following statements regarding property management is true?



Assistants are required to be licensed.

Property managers cannot also be brokers.

Property managers may provide legal advice.

Some property managers don't need a real estate license. - CORRECT ANSWER Some property
managers don't need a real estate license.



Principal broker Shaun is planning on inactivating his license for six months while he travels abroad.
When he comes back, he plans on reactivating his license. Which of the following is true about his
situation?



He has to notify the division via RELMS.

He must make sure he gets at least three hours of CE while his license is inactivated.

He needs to pay a small fee to the division of real estate so he can reactive his license later.

He needs to tell his licensees the date that his license will inactivate. - CORRECT ANSWER He needs to
tell his licensees the date that his license will inactivate.

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