Utah real estate exam Study guides, Class notes & Summaries

Utah Real Estate Exam Questions and Answers 2024

The amount of personal money a Principal Broker may keep in a UT Real Estate Trust account is - Answer- $500 The legal process whereby a tenant can be physically removed from the leased premises is know as - Answer- Actual Eviction A buyer signs a buyer agency contract with agent A, but agent A looses contact with the buyer. Months later, the buyer meets another agent B, who asks them if they are working with an agent. The buyer indicates they had signed a contract with agent A,m but they ...

Utah Real Estate Exam Questions and Answers 2024

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 Exam| 125 Questions | with 100% Correct AnswersUtah Real Estate Exam| 125 Questions | with 100% Correct AnswersUtah Real Estate Exam| 125 Questions | with 100% Correct Answers The amount of personal money a Principal Broker may keep in a UT Real Estate Trust account is - ANSWERS$500 The legal process whereby a tenant can be physically removed from the leased premises is know as - ANSWERSActual Eviction A buyer signs a buyer agency contract with agent A, but agent A looses...

b. be afforded a hearing before the Utah Real Estate Commission - Answer 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 - Answer After 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 office - Answer Where must a sales a...

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 ...

Utah Real Estate Exam 250 Questions and Correct Answers Already Graded A+ The New Construction REPC allows for the purchase price on the home to be increased if A written change order is signed in advance by the buyer and seller If the seller will not agree to an option, it might be a good time to use a(n): First right of refusal A special warranty deed contains the Covenant Against Encumbrances. It only covers the time period the___________________ was responsible for the property. Grant...

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...

How many hours of continuing education certified as CORE must be completed per renewal period? - 9 How many TOTAL hours of continuing education must be completed per renewal period? - 18 What evidence is part of the requirement of character in Utah's qualification for licensure? - Evidence of Honesty What type of real estate license is not available in Utah? - Buyer's Agent Would advertising a friend's home and charging them for the service require an active license? - Yes In Utah, how...