Utah Practice Test Exam Questions Correctly Answered.
0 view 0 purchase
Course
UTAH.
Institution
UTAH.
Utah Practice Test Exam Questions Correctly Answered.
Before a licensee's license may be suspended or revoked for prohibited discriminatory practices, the licensee must be afforded a hearing before the:
Equal Opportunities Commission of HUD
Utah Real Estate Commission
Utah Board of Realtors
...
Utah Practice Test Exam Questions
Correctly Answered.
Before a licensee's license may be suspended or revoked for prohibited discriminatory practices, the
licensee must be afforded a hearing before the:
Equal Opportunities Commission of HUD
Utah Real Estate Commission
Utah Board of Realtors
Division of Real Estate - CORRECT ANSWER Utah Real Estate Commission
(The disciplinary process involves a hearing before the Real Estate Commission. Other civil, and possibly
criminal, action may result from violating the Federal Fair Housing Act, but that would not necessarily be
related to disciplinary action to suspend or revoke the individual's real estate license)
After being notified of passing the license exam, an applicant has how many days to pay the appropriate
license fee?
30 days
90 days
180 days
365 days - CORRECT ANSWER 90 days
Where must a sales agent have his license displayed?
On the wall of his residence
In his wallet
Prominently displayed on the wall at his principal brokers office
None of the above - CORRECT ANSWER In his wallet
(An agent must carry their license with them but the broker can keep their license in a file or a drawer)
A sales agent applicant may solicit listings and negotiate with prospects when he:
Has filed an application for a license and paid his fee
Applies for the exam
, Takes the exam
Obtains his license - CORRECT ANSWER Obtains his license
Real Estate license are issued for a term of:
One year
Two years
Three years
Four years - CORRECT ANSWER Two years
The Real Estate Commission has:
Four members
Five members
Six members
Seven members - CORRECT ANSWER 5 members
(4 with license and 5 years of experience and 1 non licensed)
Which of the following would be a proper disbursement from a broker's trust account?
Advertising bills for the broker's office
Gas bills for the broker's office
Bond premium paid to bond a fiduciary agent who will be authorized to withdraw funds from the trust
account
Plumbing repair bills for a property on which the broker has a management contract - CORRECT
ANSWER Plumbing repair bills for a property on which the broker has a management contract
(Money held in trust by an authorized property manager may be used to pay bills in connection with the
property)
A branch office:
May be managed by a broker or a sales agent with at least one year of experience
May operate under the same name as the main office or under a different registered name
Can have a different name
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller ROSEGRADES. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.99. You're not tied to anything after your purchase.
