Utah real estate - Study guides, Class notes & Summaries

UTAH REAL ESTATE EXAM 2024/ACTUAL EXAM WITH FULL COMPLETE SOLUTIONS/ALREADY GRADED A+

The word "Ownership" means the same thing as the word A.Freehold B.Leasehold C.Possession D.Both A & C - Answer- D. Both A & C The highest interest in real estate recognized by law is: A.Fee Simple Defeasible B.Legal Life Estate C.Fee Simple Absolute D.Fee Simple Determinable - Answer- C.Fee Simple Absolute The highest interest in real estate recognized by law is: A.Fee Simple Defeasible B.Legal Life Estate C.Fee Simple Absolute D.Fee Simple Determinable - Answer- C.Fee Simpl...

UTAH REAL ESTATE SCHOOL EXAM 2024/2025

b. be afforded a hearing before the Utah Real Estate CommissionBefore 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 b. 90 daysAfter being notified of passing the license exam, an applicant has how many days to pay the appropriate license fee? c. Prominently displayed on the wall at his principal brokers officeWhere must a sales agent have his license displaye...

Utah Real Estate Exam Questions and Answers 2024

Utah Real Estate Exam Questions With 100% Verified Answers. Which of the following options would NOT satisfy the points requirement for a broker applicant to get their license? (a) 60 points that come from selling properties. (b) A combination of 45 points from sales and 15 points from property management. (c) A combination of 45 points from real estate and 15 points from optional allowed activities. (d) 60 points for property management while employed by the owner. - answerd. 60 points f...

Utah Real Estate: Real Estate Acts A pg. 4-1 Graded A+ Common Areas Land or improvements in a condominium development designated for the use and benefit of all residents, property owners, and tenants. Condominium Real property that consists of the air space of the unit and an undivided interest in the development's common area(s). Condominium Ownership Act Each unit owner owns their unit, together with an undivided interest in common area and facilities appurtenant to that unit. ...

Utah Real Estate Exam 2024 Utah Real Estate Actual Exam Latest 2024 Questions and Correct Answers Rated A+

Trust accounts are designed for other people's money - Answer- True The Real Estate Trust Account can draw interest not to exceed..... - Answer- 0% According to Utah Law, the earnest money must be deposited within ---- business/banking/working days - Answer- 3 In the real estate trust account, the broker can deposit no more than ------ of his or her own money - Answer- 500 If brokers place more than the allowed amount of their own money in the trust account, they are guilty of commi...

Utah Real Estate: Organization & Licensing pg. 3-1 Graded A+ 12 Hour New Agent Course The continuing education course required by the Utah Division of Real Estate for a new licensee's initial renewal period. Branch Office Any remote operation of the main real estate office which will be in operation more than 12 months and must be registered with the Real Estate Division. Commissioners A member of a state regulatory Real estate commission, board, or division. Commissioners-at-lar...