Utah real estate exam questions with correct
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
|- |CORRECT |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? |- |CORRECT |ANSWER✔✔-b. |90 |days
Where |must |a |sales |agent |have |his |license |displayed? |- |CORRECT |ANSWER✔✔-c. |Prominently |
displayed |on |the |wall |at |his |principal |brokers |office
A |sales |agent |applicant |may |solicit |listings |and |negotiate |with |prospects |when |he: |- |CORRECT |
ANSWER✔✔-obtains |his |license
The |Real |Estate |Commission |has: |- |CORRECT |ANSWER✔✔-b. |five |members
Which |of |the |following |would |be |a |proper |disbursement |from |a |broker's |trust |account? |- |
CORRECT |ANSWER✔✔-d. |plumbing |repair |bills |for |a |property |on |which |the |broker |has |a |
management |contract
A |branch |office: |- |CORRECT |ANSWER✔✔-d. |must |operate |under |the |same |name |as |the |main |
office |under |an |associate |broker
Funds |received |by |a |broker |as |earnest |money |must |be |deposited |in |the |trust |account: |- |
CORRECT |ANSWER✔✔-c. |within |four |banking |days
,A |broker |licensed |in |Utah |as |a |nonresident |principal |broker |must |maintain |a |principle |
| business |location |in: |- |CORRECT |ANSWER✔✔-b. |Utah
Provided |that |he |or |she |has |an |active |license, |a |sales |agent |may: |- |CORRECT |ANSWER✔✔-c. |
act |as |an |agent |for |the |broker |his |or |her |license |is |on |file |with
A |real |estate |principal |broker |is |prohibited |from |purchasing |real |estate |on |his |own |
| behalf |by |- |CORRECT |ANSWER✔✔-a. |rules |of |the |Commission
| b. |Utah |state |statutes
| c. |the |law |of |agency
answer |d. |None |of |the |above
Duties |of |the |Real |Estate |Commission |include: |- |CORRECT |ANSWER✔✔-a. |promulgating |rules |
relating |to |the |conduct |of |real |estate |brokers |and |sales |agents
b. |establishing |license |fees |for |real |estate |licensees
c. |investigating |complaints
d. |all |of |the |above
A |real |estate |licensee |who |is |an |agent |for |the |seller |must: |- |CORRECT |ANSWER✔✔-a. |give |the |
buyer |and |the |seller |written |notice |that |he |or |she |is |an |agent |for |the |seller
Which |of |the |following |would |be |required |to |have |a |real |estate |principal |broker |
| present? |- |CORRECT |ANSWER✔✔-a. |An |auctioneer |auctioning |real |estate
In |the |case |of |a |violation |of |the |license |law |by |a |licensee, |the |licensee |may |be |subject |
| to |a |- |CORRECT |ANSWER✔✔-a. |civil |penalty |of |up |to |$500
, b. |criminal |fine |of |up |to |$1,000
c. |lawsuit |for |civil |damages
d. |all |of |the |above
A |real |estate |principal |broker |must |maintain |a |copy |of |closing |statements: |- |CORRECT |
ANSWER✔✔-b. |for |three |years |following |the |year |in |which |closing |occurred
A |sales |agent |who |has |both |negotiated |the |listing |and |found |the |buyer |for |the |property |may |
bring |a |lawsuit |against |which |of |the |following |for |the |commission |if |the |commission |is |not |
paid |as |agreed |in |the |listing? |- |CORRECT |ANSWER✔✔-b. |The |sales |agent's |principal |broker
The |lien |for |real |property |taxes |attaches |as |of: |- |CORRECT |ANSWER✔✔-a. |January |1
To |claim |a |mechanic's |lien |for |materials |supplied, |a |supplier |must |file |a |notice |of |the |lien |in |
the |public |record |within? |- |CORRECT |ANSWER✔✔-90 |Days |after |the |material |is |supplied
Which |of |the |following |would |not |be |shown |on |a |subdivision |plat? |- |CORRECT |ANSWER✔✔-d. |
Location |of |the |home |on |the |lot
A |long-range |guide |for |the |development |of |a |community |is |called |a: |- |CORRECT |ANSWER✔✔-
a. |master |plan
Which |of |the |following |statements |regarding |the |Utah |Uniform |Land |Sales |Practices |Act |is |NOT
|true? |- |CORRECT |ANSWER✔✔-b. |The |Act |does |apply |to |the |disposition |of |timeshare |interests |
in |an |existing |
| condominium
If |a |landowner |desires |a |variance |from |an |existing |zoning |ordinance, |the |landowner |would |
make |an |appeal |to: |- |CORRECT |ANSWER✔✔-c. |the |county |or |city |Board |of |Adjustment
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
|- |CORRECT |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? |- |CORRECT |ANSWER✔✔-b. |90 |days
Where |must |a |sales |agent |have |his |license |displayed? |- |CORRECT |ANSWER✔✔-c. |Prominently |
displayed |on |the |wall |at |his |principal |brokers |office
A |sales |agent |applicant |may |solicit |listings |and |negotiate |with |prospects |when |he: |- |CORRECT |
ANSWER✔✔-obtains |his |license
The |Real |Estate |Commission |has: |- |CORRECT |ANSWER✔✔-b. |five |members
Which |of |the |following |would |be |a |proper |disbursement |from |a |broker's |trust |account? |- |
CORRECT |ANSWER✔✔-d. |plumbing |repair |bills |for |a |property |on |which |the |broker |has |a |
management |contract
A |branch |office: |- |CORRECT |ANSWER✔✔-d. |must |operate |under |the |same |name |as |the |main |
office |under |an |associate |broker
Funds |received |by |a |broker |as |earnest |money |must |be |deposited |in |the |trust |account: |- |
CORRECT |ANSWER✔✔-c. |within |four |banking |days
,A |broker |licensed |in |Utah |as |a |nonresident |principal |broker |must |maintain |a |principle |
| business |location |in: |- |CORRECT |ANSWER✔✔-b. |Utah
Provided |that |he |or |she |has |an |active |license, |a |sales |agent |may: |- |CORRECT |ANSWER✔✔-c. |
act |as |an |agent |for |the |broker |his |or |her |license |is |on |file |with
A |real |estate |principal |broker |is |prohibited |from |purchasing |real |estate |on |his |own |
| behalf |by |- |CORRECT |ANSWER✔✔-a. |rules |of |the |Commission
| b. |Utah |state |statutes
| c. |the |law |of |agency
answer |d. |None |of |the |above
Duties |of |the |Real |Estate |Commission |include: |- |CORRECT |ANSWER✔✔-a. |promulgating |rules |
relating |to |the |conduct |of |real |estate |brokers |and |sales |agents
b. |establishing |license |fees |for |real |estate |licensees
c. |investigating |complaints
d. |all |of |the |above
A |real |estate |licensee |who |is |an |agent |for |the |seller |must: |- |CORRECT |ANSWER✔✔-a. |give |the |
buyer |and |the |seller |written |notice |that |he |or |she |is |an |agent |for |the |seller
Which |of |the |following |would |be |required |to |have |a |real |estate |principal |broker |
| present? |- |CORRECT |ANSWER✔✔-a. |An |auctioneer |auctioning |real |estate
In |the |case |of |a |violation |of |the |license |law |by |a |licensee, |the |licensee |may |be |subject |
| to |a |- |CORRECT |ANSWER✔✔-a. |civil |penalty |of |up |to |$500
, b. |criminal |fine |of |up |to |$1,000
c. |lawsuit |for |civil |damages
d. |all |of |the |above
A |real |estate |principal |broker |must |maintain |a |copy |of |closing |statements: |- |CORRECT |
ANSWER✔✔-b. |for |three |years |following |the |year |in |which |closing |occurred
A |sales |agent |who |has |both |negotiated |the |listing |and |found |the |buyer |for |the |property |may |
bring |a |lawsuit |against |which |of |the |following |for |the |commission |if |the |commission |is |not |
paid |as |agreed |in |the |listing? |- |CORRECT |ANSWER✔✔-b. |The |sales |agent's |principal |broker
The |lien |for |real |property |taxes |attaches |as |of: |- |CORRECT |ANSWER✔✔-a. |January |1
To |claim |a |mechanic's |lien |for |materials |supplied, |a |supplier |must |file |a |notice |of |the |lien |in |
the |public |record |within? |- |CORRECT |ANSWER✔✔-90 |Days |after |the |material |is |supplied
Which |of |the |following |would |not |be |shown |on |a |subdivision |plat? |- |CORRECT |ANSWER✔✔-d. |
Location |of |the |home |on |the |lot
A |long-range |guide |for |the |development |of |a |community |is |called |a: |- |CORRECT |ANSWER✔✔-
a. |master |plan
Which |of |the |following |statements |regarding |the |Utah |Uniform |Land |Sales |Practices |Act |is |NOT
|true? |- |CORRECT |ANSWER✔✔-b. |The |Act |does |apply |to |the |disposition |of |timeshare |interests |
in |an |existing |
| condominium
If |a |landowner |desires |a |variance |from |an |existing |zoning |ordinance, |the |landowner |would |
make |an |appeal |to: |- |CORRECT |ANSWER✔✔-c. |the |county |or |city |Board |of |Adjustment
