Ch 3 License Status Change
M's license expired October 31. She didn't wake up to that fact until the following may 10th. What can she do at this point?
24 additional hours of CE
If a license is not renewed for more than 6 months but less than one year after expiration, which of the following number of hours of additional continuing education is required to reinstate the license?
24 hours
Renewal of a license more than 30 days but less than 6 months from the expiration date of a license will require:
24 hours of education
If a real estate license expires, the agent has ____ days to renew with only a late fee.
30
Your license expired today before you submitted your renewal application. You may reinstate your license by paying the renewal fee plus a late fee during the next ____ days. After that, the requirements change.
30
The licensee must complete ____ hours of core classes of the 18 hours of CE required.
9
Which of the following statements best describes the continuing education requirement for real estate licensees in the state of Utah?
9 core hours plus 9 elective hours for a total of 18 hours.
What are the requirements for continuing education to renew a real estate license?
9 hours of CORE plus 9 more hours.
Sometimes a licensee or broker is not available to sign the change card as required. In that case which of the following best describes the steps required.
A registered letter to the last known address must be sent and a copy provided to the Division.
M's license expired October 31. If she doesn't realize this fact until April 25th, what will be required of her in addition to the normal licensing renewal fee and continuing education?
An expired license fee and six more hours of CORE courses.
J is a licensee that works primarily on commercial leasing. They lease retail space every month. They do occasionally help family members with a residential purchase. Which mandatory class must they take to renew their license?
Any mandatory course
To renew your active real estate license, what must you do?
Complete 18 hours of CE and pay a renewal fee.
Inactive agents who have been inactive through license renewal period, must do what to activate their license?
Complete 18 hours of CE and pay an activation fee.
The change card through RELMS must be used to notify the Division of all of the following changes EXECPT:
Felony convictions
T's broker died this morning in a car accident. The brokerage is a sole proprietorship. What happens to her license?
Her license continues immediately become inactive.
A real estate license must be renewed by the end of the month in which it was issued, every two years. M's license expired October 31. What is true on November 1?
Her license is inactive and she must meet the C.E. requirements and fees as usual, plus pay a late fee.
Which of the following is a legal use of a PO Box for a real estate agent?
Mailing address on Division records
Which of the following changes would NOT be required to be reported to the Real Estate Division within ten days?
Marital status change
If an application to renew is submitted but incomplete before the license expires, how long can the time be extended?
None
M, a licensed sales agent, has married and take her husband's last name, she must:
Notify the division of the change within 10 working days.
If a principal broker discharges a licensee licensed under him/her, which of the following is that broker required to do?
Notify the division within three days.
If you have a valid real estate license and you have not passed a renewal period, but it is currently inactive, what must you do to activate your license?
Pay a fee
The RELMS system would allow an individual licensee to take care of all the following items online, EXCEPT:
Pending disciplinary actions
Of the following matters that may change, which would NOT need to be reported to the Division of Real Estate?
Phone number
Which of the following classes is a core class?
Property management
A license that has been expired for more than one month, but less than six months may be reinstated by?
Providing proof of 24 hours of education and paying the license fee and reinstatement fee.
R was licensed three years ago, but never affiliated with a broker. R wants to represent a builder friend in selling new homes in a new development.
R must affiliate with a broker and show proof of completion of certain education requirements to change his license to "active" with the division.
The Real Estate Division has an online system for taking care of such things as renewing a license, checking C.E. credits, changing a name, etc. What is this system called?
RELMS (Real Estate License Management System)
Which of the following is not a core course?
Real estate Inspection Principles
Which of the following licensee information can be updated online in the Real Estate License Management System (RELMS)?
Street address
Which of the following courses would not qualify in Utah as a core course?
Tenants in common
When a real estate agent moves from one brokerage to another, who must notify the Division of Real Estate?
The agent
When an active license expires:
The licensee's legal status changes to "unlicensed".
A licensee must proved a home address to the Division of Real Estate. Which of these is appropriate?
The street address where they reside.
If a license is expired for a year, the agent:
must begin the licensing process from the beginning to get licensed again.
A licensee may remain inactive so long as they wish if they:
pay the renewal fee for each license renewal.
The period immediately following license expiration is the:
reinstatement period
Using the change card makes the change effective when:
the date the Division receives the change card.
Sometimes a licensee or broker is not available to sign the change card as required. In that case, which of the following best describes the steps required. Select all that apply.
-An email sent to the agent, notifying them of the change. -A registered letter to the last known address must be sent and a copy provided to the Division.
What steps are required to activate a license that has been inactive at the last renewal?
-Complete the continuing education required for the last renewal, had the license been renewed active -Pay an activation fee -Affiliate with a broker -Submit a change card signed by the new broker
Which of the following would likely be approved as core classes?
-Environmental hazards -The Real Estate Purchase Contract -Trust Account Records -Ethics and the Buyer's Agent -Fraud Prevention -Federal Real Estate Law
During the first 30 days following expiration of the real estate license, the licensee must do which fo the following to reinstate the license?
-Pay a late fee. -Submit an affirmation that no real estate activity occurred during the expired license.
After expiration but before 6 months have passed the licensee can reinstate their license by doing which of the following?
-Pay a late/reinstatement fee. -Submit an affirmation that no real estate activity occurred during the expired license. -Completing 6 hours of continuing education in addition to the continuing education required for renewal.
To change from inactive to active during the license renewal period in which they become inactive requires which of the following steps?
-Pay an activation fee -Affiliate with a broker -Submit a change card signed by the new broker
A former licensee, with a license that has been expired more than 6 months, can get their license reinstate for up to one year by completing which of the following requirements?
-Pay the reinstatement fee. -Submit an affirmation that no real estate activity occurred during the expired license. -Completing 24 hours of continuing education in addition to the continuing education required for renewal. -Affiliate with a broker using a change card.
A licensee must notify the Division of Real Estate of any license status change within ____ days.
10
If a brokerage closes, the Broker must notify the Division of Real Estate of the location of brokerage records within how many days?
10 days
If a licensee leaves their brokerage and joins another brokerage, how soon must they notify the Division of Real Estate?
10 days
If a licensee leaves their brokerage, and does not join another brokerage, how soon must they notify the Division of Real Estate?
10 days
An agent is going to be terminated, and they are not available to be notified in person. If the broker sends an email to notify them, when is their termination effective?
10 days after the email is sent.
On a real estate agent's first renewal, they must have completed the ____ hour new agent course.
12
One week after your license has lapsed and before one month has passed, what is required to renew your license?
Document your continuing education, and pay the license fee and reinstatement fee.
How often must a licensee take the mandatory course?
Every renewal
You need to notify the division if?
You move or are convicted.