Tom is applying for a Utah Sales Agent license. He has completed the required pre-licensing education and is ready to take the PSI examination. Under Utah law, what is the minimum number of pre-licensing education hours Tom must have completed before he is eligible to sit for the Sales Agent examination?
Correct Answer
D) 120 hours of approved pre-licensing education
Utah requires 120 hours of approved pre-licensing education for the Sales Agent license before a candidate is eligible to take the PSI examination. Lower-hour figures correspond to outdated or out-of-state requirements.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.
Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.
A tie-in arrangement is an illegal antitrust practice in which a seller conditions the purchase of one product or service on the buyer's agreement to purchase a separate product or service.
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