Utah Law Exam (Stringham) Questions and Correct Answers | Latest Update
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Course
Utah Law
Institution
Utah Law
A sales agent who offers a guarantee that if the listing does not sell within six months the
agent will buy the listing, must also:
(a) A licensee is convicted of a criminal offense.
(b) Provide a bond to back the guarantee.
(c) Provide complete written details of the guarantee before the pr...
Utah Law Exam (Stringham) Questions and
Correct Answers | Latest Update
A sales agent who offers a guarantee that if the listing does not sell within six months the
agent will buy the listing, must also:
(a) A licensee is convicted of a criminal offense.
(b) Provide a bond to back the guarantee.
(c) Provide complete written details of the guarantee before the property is listed.
(d) Notify the Division of Real Estate in advance of the terms of the guarantee.
✓ -:- Provide complete written details of the guarantee before the
property is listed
The statutory requirement for becoming a broker is:
(a) Be a member of the Board of Realtors.
(b) Have three years' full-time experience as a real estate licensee or its equivalent.
(c) Have five years' experience as a real estate salesagent.
(d) Post $1,000 bond.
✓ -:- Have three years' full-time experience as a real estate licensee or its
(c) A change of name, such as a woman who got married
(d) Marital status change
✓ -:- Marital status change
A person facing foreclosure could file a claim of exemption under the homestead act. If,
after the bank was paid off, there was remaining equity, which debt below would be paid
before the owner got what was left of the equity?
(a) Back child support payments
(b) Unpaid orthodontist bills
(c) Credit card debts
(d) Past due car payments
✓ -:- Back child support payments
If a licensee has a complaint filed against him/her by a member of the public, upon receiving
notice of the complaint, what is next in the complaint process?
(a) The licensee can request a hearing before the commission.
(b) The licensee has 30 days to respond to the R. E. Division.
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