Utah Real Estate School - Licensing Requirements Flashcards Select two of the following items of documentation that are required of an existing Utah sales agent in order to apply for an associate broker or broker license.At least 60 experience points;Background questionnaire.Any felony could prevent licensure qualifications if the incident occurred within the last ____ years.5 Which of the following within the past 3 years will likely disqualify a sales agent applicant from receiving a sales agent license?misdemeanor for theft.G has completed the pre-license course, and they are applying for their license. They decided not to affiliate with a broker on their application. Which is true?G will be issued an inactive real estate license.A broker may be terminated bywritten notice.A sales agent license application requires licensing fees, including a fee for the Education, research, and recovery fund.A Broker license application requires licensing fees, including a fee for the Education, Research and Recovery Fund.An associate broker candidate must have been active for at least the previous ___ years.
- out of 5.
Which of these administers real estate licensing? Division of Real Estate.Which of the following is true?The candidate has 1 year from completing the education to pass the license exam.All sales agents and associate brokers must be licensed
under a:
Principal broker.Which of the following statements is true about the time limits on the licensing process?You must provide the Division of Real Estate a report that both portions of the exam have been passed within the past six month period.A Broker license applicaiton must include 60 Experience Points documented, a passing score on the Broker License exam, and Education Certifying Document.Associate broker candidates must have been active licensed sales agents for at least 3 of the previous ___ years.5 A real estate principal broker, to be licensed, must have
demonstrated competency by:1. Passing an exam2.
Furnishing proof of adequate and appropriate experience3.Providing evidence of certain college courses completed4.Complete an apprenticeship program in office management 1&2 above.Completing the background questionnaire inaccuratelytriggers immediate review by the division.Select all of the following items of documentation that are required of an existing Utah sales agent in order to apply for an associate broker or broker license.Complete 120 hours broker education;3 of last 5 years active.
A sales agent represents their principal broker. An associate broker still represents the principal broker.For a broker candidate, what is the maximum number of experience points that can be documented from Table III?
15.Sales agent candidates must pass the license exam with a ___ score or better.70% T completed the Pre-License Course on March 1, 2022. He passed the license exam on February 1, 2023. What is the deadline for him to submit his license application?March 1, 2023.If you apply for your license but do not include a brokerage with which to affiliate, which is true?Your license will be issued in "Inactive" status.The associate broker/broker candidate must document how many points from Table I or Table II?45 Which of the following options would NOT satisfy the points requirement for a broker applicant to get their license?60 points for property management while employed by the owner.A nonresident agent or licensee of another state must document all the same requirements as a new candidate would who resides in Utah and is not seeking transfer credit of experience or license from another state. In addition to the requirements that other license candidates must provide, which of the following must be provided by a nonresident agent?If a sales agent or associate broker candidate, affiliation with a Utah licensed broker;License history from any other state in which the candidate has been licensed;If a broker candidate, a Utah based trust account;Irrevocable written consent for the Division of Real Estate to receive legal service.If a real estate licensee is convicted for driving under the influence, or a DUI, what must they do?A DUI will not affect their real estate license.Which of the following is true?The candidate must pass both parts of the exam within 6 months.After you pass the real estate license exam, how many days do you have to apply for your license?90 Which of the following is required to obtain a real estate license in Utah?US citizen or legal alien;Over 18 years of age;Pass the exam;High school diploma or GED.Which of the following persons would not need to attend the required sales licensing course to get a license?An attorney who passed the bar in Utah.Can a non-resident of Utah receive and practice with a sales agent license?Yes, if they obtain a license through the required process and place their license with an active Utah principal broker.How are the requirements different for getting a license to be an associate broker from the requirements for being the principal broker of an office?There is no difference; they must meet the same requirements.J wanted to get a real estate license, but was a little concerned because of a past instance of getting in trouble with the law. If J had actually been convicted of the offense, how long would the wait be to be able to be licensed?Three years for misdemeanor and five years in the case of a felony
An associate broker can do all of the following EXCEPT:Pay commissions.
An associate broker is:A person qualified by state license to be a principal broker except they lack their own trust account, registered business name and formal licensure as a broker by the
Division.The Statutory requirement for becoming a broker is:Be an active real estate licensee for three of the last five years.
The required 120 education hours for a sales agent license
may be waived after submitting proof of the following:
Utah Bar Association membership.What is the difference between a principal broker and an associate broker?The principal broker is designated by the brokerage owner and Division of Real Estate as the only agent in the company representing its clients.The purpose of the background questions is to determine your moral character.A plea in abeyance is best defined as:An admission of guilt, but, your admission is put on hold while you complete the requirements ordered by the Judge.Upon completion of these terms, the guilty plea is withdrawn and the charges are dismissed.Which of the following is true?The applicant has 90 days to apply for a license after completing the exam successfully.A misdemeanor could make an applicant ineligible for licensure in which of the following situations?Any misdemeanor for dishonesty or fraud within 3 years.Felonies must be disclosed if the conviction occurred less than?All felonies must be disclosed.Both exams must be completed within how many months of each other?
- months.
B just passed the license exam. He must now provide the Division of Real Estate evidence of completing the required education within __ ____ in order to prevent having to retake the exam.90 days.A broker license application must include an Education Certifying Document, a passing score on the broker license exam, and 60 experience points documented.Select two items from the following list that are required of an existing Utah sales agent in order to apply for an associate broker or broker license.Successfully passing the exam with 75% or better score;Broker recommendation.Associate broker candidates must pass the license exam with a ___ or better score 75% If a real estate licensee is convicted of theft or false statements, what must they do?Notify the Division of Real Estate.To document high moral character an applicant must provide which of the following?Provide fingerprints;Provide a license history for any government issued professional license issued in another state;Submit to a background check.Candidates are not eligible for licensure is they have been convicted or entered a plea in abeyance or completed a
sentence of confinement for a:
Felony within 5 years or a misdemeanor for dishonesty within 3 years.
An Associate Broker is:supervised exactly as a regular sales agent is.
The licensing exam is in two parts. The candidate must pass each part with at least a ___% score for sales agents and ___% for broker and associate broker candidates.
70%, 75%.
A sales agent will receive experience points toward a Broker License by doing which of the following?Listing a property that closes.