Utah State Final Exam #1

A judgment lien attaches to:

2. In Utah, when an individual dies without a will and without heirs, the estate will go to the

The Utah Uniform Land Sales Practices Act is administered by the

Which of these are NOT subject to the provisions of the Utah Uniform Land Sales Practice Act?

Before a licensee’s license may be suspended or revoked for prohibited discriminatory practices, the licensee must:

A subdivider who comes under the Utah Uniform Land Sales Practices Act regarding the registration of his subdivision

Which of these is TRUE concerning a Real Estate Commission at large? The Commission

Which of these is TRUE concerning the process of complaints, hearing, and appeals against a real estate licensee?

A(n)___________ could NOT place a lien against the specific property for unpaid bills

The purpose of the Real Estate Recovery Fund is to

In the Marketable Record Title Act, pre-existing encumbrances can be extinguished after _____ years?

All the water in Utah, subject to rights existing prior to 1935, is the property of

The statutory period to establish a prescriptive easement in Utah is ______ years

A religious organization owns an apartment complex. They rent to church members only. A non-member of that church wants to rent one of the units but is refused. Are owners in violation of the Federal Fair Housing Law?

A principal broker can do all of these for a client, EXCEPT

Double contracts are used to

When a principal broker has an office in a model home, how many months can it be used before a branch office must be established?

A homestead exemption takes priority over

A sales agent applicant may solicit listings and negotiate with prospects when he

Real estate licenses are renewed on

The Real Estate Commission has ____ members

Which of these may file mechanic’s liens?

An action to enforce a mechanic’s lien on a residence must be brought within ____ of filing the lien

A homestead exemption

As a general rule, priority among liens is determined by the date

A person owns what in a condo?

If a landowner desires a variance from an existing zoning ordinance, the landowner would make an appeal to the

In regard to water rights, Utah follows a(n)

Which of these statements is true in regard to real estate contracts (installment sale contracts?)

A sales agent who has both negotiated the listing and found the buyer for the property may bring a lawsuit against the ________ for the commission if the commission is not paid to their broker as agreed in the listing.

The lien for real property taxes attaches as of

A long-range guide for the development of a community is called a

The statute of limitations on a recorded mechanic’s lien for residential property in Utah is

How much money of a broker’s and sales agent’s renewal fees go to the Recovery Fund?

An associate broker can do all of the following EXCEPT

The Real Estate Director is

Which of these is NOT a purpose of the Real Estate Recovery Fund?

Which of these is NOT one of the duties and responsibilities of the Real Estate Commission?

In order to place a valid mechanic’s lien on a property, the person filing the lien must be able to prove that

A broker should tell a prospective buyer everything about a property, EXCEPT that

A properly filed mechanic’s lien has priority as of

Which of the following statements is true?

The license laws of Utah require a licensee to inform the seller that he has a real estate license if

In Utah, commercial real property is assessed at

The Real Estate Division director is appointed by the

If a broker moves his place of business without advising the Real Estate Commission

To renew a license, the licensee must

Subcontractors not employed by an original contractor must file a mechanics lien within

A real estate broker sold property on Friday morning and received a $2,000 deposit in cash. Afraid to carry the money, he quickly deposited it in his own account in a nearby branch of his bank. This is clearly an example of

Regarding Utah property taxes, which of the following is correct?