JurisdictionUtahTitle 61Securities Division - Real Estate Division
Ch. 61-2fReal Estate Licensing and Practices Act
Part 61-2f-2Licensure, Registration, and Certification
This text of Utah § 61-2f-206 (Registration of person or branch office -- Certification of education providers and courses -- Specialized licenses.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
(1)(1)(a) A person may not engage in an activity described in Section 61-2f-201, unless:
(1)(a)(i) the person is registered with the division; or
(1)(a)(ii) an exemption to registration applies.
(1)(b) To register with the division under this Subsection (1), a person shall submit to the division:
(1)(b)(i) an application in a form required by the division;
(1)(b)(ii) evidence of an affiliation with a principal broker;
(1)(b)(iii) evidence that the person is registered and in good standing with the Division of Corporations and Commercial Code; and
(1)(b)(iv) a registration fee established by the commission with the concurrence of the division under Section 63J-1-504.
(1)(c) The division may terminate a person's registration if:
(1)(c)(i) the person's registration with the Division of Corp
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(1) (1)(a) A person may not engage in an activity described in Section 61-2f-201, unless:
(1)(a)(i) the person is registered with the division; or
(1)(a)(ii) an exemption to registration applies.
(1)(b) To register with the division under this Subsection (1), a person shall submit to the division:
(1)(b)(i) an application in a form required by the division;
(1)(b)(ii) evidence of an affiliation with a principal broker;
(1)(b)(iii) evidence that the person is registered and in good standing with the Division of Corporations and Commercial Code; and
(1)(b)(iv) a registration fee established by the commission with the concurrence of the division under Section 63J-1-504.
(1)(c) The division may terminate a person's registration if:
(1)(c)(i) the person's registration with the Division of Corporations and Commercial Code has been expired for at least three years; and
(1)(c)(ii) the person's license with the division has been inactive for at least three years.
(2) (2)(a) A principal broker shall register with the division each of the principal broker's branch offices.
(2)(b) To register a branch office with the division under this Subsection (2), a principal broker shall submit to the division:
(2)(b)(i) an application in a form required by the division; and
(2)(b)(ii) a registration fee established by the commission with the concurrence of the division under Section 63J-1-504.
(3) (3)(a) In accordance with rules made by the commission with the concurrence of the division and in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the division shall certify:
(3)(a)(i) a real estate school;
(3)(a)(ii) a course provider; or
(3)(a)(iii) an instructor.
(3)(b) In accordance with rules made by the commission in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, subject to concurrence by the division, the division shall certify a continuing education course that is required under this chapter.
(4) Except as provided under this chapter or by rule the commission makes in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, a principal broker may not be responsible for more than one registered entity at the same time.
(5) A principal broker:
(5)(a) shall exercise active and reasonable supervision of the principal broker's main office in accordance with this chapter and rules the commission makes in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act; and
(5)(b) may supervise a branch office affiliated with the principal broker at the same time the principal broker exercises the supervision required under Subsection (5)(a).
(6) (6)(a) A principal broker may designate a branch broker to supervise a branch office affiliated with the principal broker.
(6)(b) A branch broker shall exercise active and reasonable supervision, in accordance with this chapter and rules the commission makes in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, of each branch office the principal broker designates the branch broker to supervise.