§ 61-2f-201 — License required.

(1) Unless a person is licensed under this chapter, it is unlawful for the person to do the following with respect to real estate located in this state:
(1)(a) engage in the business of a principal broker, associate broker, or sales agent;
(1)(b) act in the capacity of a principal broker, associate broker, or sales agent;
(1)(c) advertise or assume to act as a principal broker, associate broker, or a sales agent; or
(1)(d) engage in property management.
(2) Except as provided in Section 61-2f-202, an individual is required to be licensed as a principal broker, associate broker, or a sales agent if the individual performs, offers to perform, or attempts to perform one act for valuable consideration of:
(2)(a) buying, selling, or exchanging real estate for another person; or
(2)(b) offering for another person to buy, sell, or exchange real estate.
(3) Except as provided in Section 61-2f-202.5, unless an individual is licensed as a principal broker, associate broker, sales agent, or property manager, an individual may not, for consideration:
(3)(a) engage in property management; or
(3)(b) offer to engage in property management on behalf of another person.

Legislative History

Amended by Chapter 4, 2025 Special Session 1