Sales utah law - Study guides, Class notes & Summaries

Utah Sales Law Exam UPDATED Exam Questions and CORRECT Answers It is June 18, and your license expired May 30. Which is NOT true? (a) You are now an inactive licensee. (b) You can renew by paying extra during June. (c) You are out of luck! Start over. (d) You can comply with additional requirements and renew till October 31. - CORRECT ANSWER- c Assuming a REPC is accepted on January 25th and a check for $1,000 earnest money is given the same day, what is the latest it can be deposit...

Escrow Sample Test Questions and Answers Rated A An escrow is an arrangement that: a) Holds documents, b) Holds funds, c) Creates documents to affect a transfer of interest in property, d) is responsible for guaranteeing funds. A, B, C, E When is it necessary to have closing documents recorded prior to disbursement of escrow funds? a) it is not necessary, b) in almost all situations, c) when instructed by one of the parties to the escrow, d) only when the written instructions require recording...

Utah Sales Law Exam (Stringham) Complete with 100% Correct Answers

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. ...

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...

Utah Sales Law Exam Latest @ 2024...

Utah real estate Exam Questions With 100% Verified Answers. 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 - answerb. 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? - answerb. 90 days Where must a sales agent have his license dis...

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 Exam Guide Question with 100% Correct Answers |Graded A+| b. be afforded a hearing before the Utah Real Estate Commission *Ans* 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 b. 90 days *Ans* After being notified of passing the license exam, an applicant has how many days to pay the appropriate license fee? c. Prominently displayed o...

Utah Real Estate Exam Law Questions and Answers 100% Solved Where should a broker keep sales agents' licenses? Broker's file What happens to sales agents' licenses when the broker's license is revoked? Their license is inactivated How does the broker get back in the business if his/her license is revoked? Must start over with sales agent license, after waiting five years What is the main purpose of the continuing education? To protect the public What is a double contract ...