Utah Real Estate Exam Topics: Complete Breakdown

# Utah Real Estate Exam Topics: Complete Breakdown

The Utah real estate exam is 130 questions split between a national section (80 questions) and a Utah-specific section (50 questions). Here is what you need to know about each.

National Section Topics (80 Questions)

Property Ownership and Rights - Types of estates: fee simple, life estate, leasehold - Co-ownership: joint tenancy, tenancy in common, severalty - Encumbrances: mortgages, easements, liens, deed restrictions - Government powers: taxation, eminent domain, police power, escheat

Land Use and Environmental Law - Zoning: types, variances, nonconforming uses - Subdivision regulations and plat maps - Environmental hazards: lead paint, asbestos, radon, underground storage tanks - CERCLA and superfund liability

Valuation and Market Analysis - Three approaches: sales comparison (market), cost, income - CMA vs. formal appraisal - Capitalization rate and gross rent multiplier - Key appraisal principles: substitution, contribution, conformity, highest and best use

Real Estate Finance - Mortgage types: conventional, FHA, VA, USDA - Deed of trust vs. mortgage states (Utah is a deed of trust state) - Loan-to-value ratio, points, amortization - Federal disclosures: TILA, RESPA, Loan Estimate, Closing Disclosure

Agency Relationships - Types: seller's agent, buyer's agent, dual agent, transaction broker - Fiduciary duties: loyalty, obedience, disclosure, confidentiality, accounting, reasonable care - Agency creation and termination

Contracts - Elements of a valid contract - Types of real estate contracts - Contingencies and earnest money - Breach and remedies: specific performance, liquidated damages

Fair Housing and Ethics - Federal protected classes (7) - Prohibited practices: steering, blockbusting, redlining - ADA requirements for commercial property

Utah State Section Topics (50 Questions)

Utah License Law (Utah Code Title 61, Chapter 2f) - UDRE and DOPL structure - Utah Real Estate Commission: 5 members - License types: sales agent, associate broker, principal broker - Pre-license: 120 hours - Renewal: every 2 years, 18 CE hours - Grounds for discipline, citation, and revocation

The Utah REPC (Real Estate Purchase Contract) - Standard provisions: purchase price, earnest money, financing, due diligence deadline - Financing and appraisal conditions - Closing and settlement procedures - REPC addenda and their purposes

Trust Account Regulations - Required trust account structure for brokerages - Separate property management trust accounts - Commingling and conversion — license violations - Reconciliation requirements

Property Management in Utah - Property management licensing requirements - Trust account rules specific to property management - Lease requirements and landlord-tenant law basics

Disclosure Requirements - Seller disclosure obligations - Lead-based paint disclosure (federal requirement) - Material fact disclosure duties - HOA and CC&R disclosures

Agency in Utah - Buyer agent agreements - Listing agreements and their required elements - Dual agency with written consent (Utah permits it in specific circumstances, unlike Tennessee)

Closing Procedures - Title insurance and escrow - Proration calculations - Recording requirements - No state transfer tax but county transfer fees may apply

Mastery of the REPC and trust account rules alone will significantly improve your state section score.