Utah LicensEE Practice Exam 1-3 Flashcards Preview

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Flashcards in Utah LicensEE Practice Exam 1-3 Deck (8)
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1

What is the legal limit of a gift payed for an unsolicited referral?

$250

2

A referral fee is only legal from an__________

AGENT
not title, loan officer, etc

3

Which is a State of Utah approved form

All Inclusive Trust Deed
Addendum

4

An agent is leasing a place for the owner. Which form can he use?

Any form approved by the owner

5

Which is NOT an State Approved Form

Utah standard lease form

6

When can one NOT use REPC

When an attorney of one of the principles draws up a sales contract

7

Earnest money must be deposited within

3 BANKING days

8

Unrepresented buyer wants to make an offer on a house. Which contract can they use

Any one they want to