Utah sales - Study guides, Class notes & Summaries

Utah Real Estate General Sales () Questions With All Correct Ans.

A real estate principal broker must maintain a copy of closing statements: - b. for three years following the year in which closing occurred An earnest money deposit received by a sales agent should be turned over to the: - c. the sales agent's principle broker Which of the following would be required to have a real estate principal broker present? - a. An auctioneer auctioning real estate A real estate principal broker is prohibited from purchasing real estate on his own behalf by - a. ...

Utah General Sales Exam (2024) Questions & Answers Graded A+.

UTAH RE EXAM QUESTIONS AND ANSWERS ALREADY PASSED Marissa, a new licensee, has some questions. Which of these questions can the Utah Association of REALTORS help answer for her? Where can I go to find marketing data on my area so i can advertise more effectively? An old colleague of yours, Patricia, is an appraiser. She was the subject of investigation by the Utah Department of Commerce. She has filed an appeal. If she wins, what could she be awarded? Travel expenses Principal brok...

Utah Real Estate General Sales Questions and Answers Already Passed Bob the buyer has made an offer on Sam the seller's property. That offer has been accepted. Bob is working on finalizing his loan for the purchase as part of the contingencies of the agreement. What kind of agreement exists between Bob and Sam? (a) Executed (b) Sale pending (c) Executory (d) Voidable (c) Executory J carried back a 2nd mortgage when his home was sold. Now he needs some ready cash and is going t...

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 - Answer- b. be afforded a hearing before the Utah Real Estate Commission After being notified of passing the license exam, an applicant has how many days to pay the appropriate license fee? - Answer- b. 90 days Where must a sales agent have his license displayed? - Answer- c. Prominently displayed on the w...

Utah Real Estate Practice Test 1 Questions and Answers 100% Pass 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 Utah Real Estate Commission (The disciplinary process involves a hearing before the Real Estate Commission. Other civil, and possibly criminal, action may re...

Utah Real Estate General Sales Exam Questions with Correct Answers

UTAH REAL ESTATE FINAL EXAM 2024/ ACTUAL EXAM QUESTIONS AND CORRECT VERIFIED ANSWERS /A+ GRADE Dennis and Sarah are the listing agent and principal broker for a Utah transaction scheduled for settlement next week. Which closing document tells the title insurance company the commission amounts they'll each receive when the sale closes? a. Closing Disclosure b. Closing instructions c. Closing statement d. Loan Estimate - Closing instructions Leslie represents Mr. and Mrs. Connelly. Th...

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 - Answer-b. be afforded a hearing before the Utah Real Estate Commission After being notified of passing the license exam, an applicant has how many days to pay the appropriate license fee? - Answer-b. 90 days Where must a sales agent have his license displayed? - Answer-c. Prominently displayed on the wall at hi...