Utah Real Estate Exam Practice Questions

# Utah Real Estate Exam Practice Questions

The Utah real estate exam is administered by PSI and includes 130 questions — 80 national and 50 state-specific. Passing requires at least 70% on each section: 56 correct on national and 35 correct on state. Use these practice questions to identify gaps before your exam date.

National Section Sample Questions

Q: Which principle of value states that the value of a property is affected by the values of surrounding properties? A) Substitution B) Conformity C) Contribution D) Progression and regression

Answer: D. Progression holds that a lower-value property benefits from proximity to higher-value properties; regression holds the reverse. Conformity says maximum value is achieved when properties in an area are similar.

Q: A seller's listing agent learns that the property has a cracked foundation. The seller asks the agent to keep quiet about it. The agent must: A) Comply with the seller's instruction as a fiduciary B) Disclose the defect to potential buyers C) Include the defect in the listing remarks D) Withdraw from the listing

Answer: B. Known material defects must be disclosed to buyers regardless of seller instructions. The duty to disclose material facts to all parties overrides the duty of confidentiality.

State Section Sample Questions

Q: Which state agency regulates Utah real estate licensees? A) Utah Real Estate Association B) Utah Division of Real Estate (UDRE) under DOPL C) Utah Department of Commerce D) Utah Real Estate Commission independently

Answer: B. The Utah Division of Real Estate (UDRE) operates under the Department of Professional and Occupational Licensing (DOPL). The Utah Real Estate Commission advises but UDRE administers licensing.

Q: The standard form used for residential purchase transactions in Utah is: A) NAR Standard Purchase Agreement B) REPC (Real Estate Purchase Contract) C) Utah Residential Purchase Agreement (URPA) D) HUD-1 Settlement Statement

Answer: B. The REPC (Real Estate Purchase Contract) is the standard Utah form prepared by the Utah Association of Realtors and approved by the Real Estate Commission for use in residential transactions.

Q: Utah requires property management licensees to: A) Hold a separate property management license distinct from a sales license B) Hold a principal broker license C) Be licensed real estate agents operating under a broker D) Complete no additional education beyond sales licensing

Answer: C. Property managers in Utah must hold a real estate license and operate under a licensed principal broker. The UDRE has specific trust account rules for property management operations.

Study Focus Areas

State section questions heavily emphasize the REPC and its standard provisions, trust account regulations, and the UDRE disciplinary process. Spend at least 30% of your state study time on these three topics.