Under the Utah Real Estate Licensing and Practices Act, which license type is the entry-level real estate license, obtained after completing 120 hours of pre-licensing education and passing the licensing exam, that requires the licensee to affiliate with and work under a principal broker?
A. Sales agent
B. Associate broker
C. Principal broker
D. Branch broker
Source: Utah Code § 61-2f-102
What is the name of the Utah statute, administered by the Division of Real Estate, that establishes licensing requirements for real estate brokers and sales agents?
A. Utah Real Estate Recovery Act
B. Real Estate Licensing and Practices Act
C. Utah Consumer Protection Act
D. Uniform Land Sales Practices Act
Source: Utah Code Title 61, Chapter 2f
How many hours of Division-approved pre-licensing education must an applicant complete at a certified real estate school before applying to sit for the Utah sales agent licensing exam?
A. 60 hours
B. 90 hours
C. 120 hours
D. 168 hours
Source: Utah Division of Real Estate - Education Requirements for Sales Agents (commerce.utah.gov/realestate)
Within what period after beginning a Division-approved pre-licensing course must a Utah sales agent applicant complete all required pre-licensing education hours?
A. 30 days from the start of the course
B. 6 months from registering for the course
C. 9 months from registering for the course
D. 1 year from registering for the license
Source: Utah Division of Real Estate - Education Requirements for Sales Agents (commerce.utah.gov/realestate)
A Utah sales agent completes a residential sale. From whom may the sales agent legally accept commission compensation for that transaction?
A. Directly from the buyer, at the buyer's request
B. Only from the principal broker with whom the sales agent is affiliated
C. From either party to the transaction, at the agent's discretion
D. From a referring out-of-state agent directly, bypassing the principal broker
Source: Utah Code § 61-2f-102