puffin
04-28-2006, 03:07 PM
A real estate license is required of any person who, for another and for valuable consideration, negotiates or consummates the sale, lease, exchange or purchase of real estate.
The Utah Real Estate Commission determines the qualifications and the requirements of all applicants for a Utah real estate license. Each applicant is required to provide evidence of honesty, integrity, truthfulness, reputation and competency. Each applicant must pass an examination covering the fundamentals of the English language, arithmetic, bookkeeping, real estate principals and practices, the Rules established by the Real Estate Commission and any other aspect of Utah Real Estate License Law considered appropriate.
Please take time to go over the screening questionnaire. Your responses to these questions could have an impact upon whether or not you are able to obtain a Utah Real Estate license.
SCREENING QUESTIONNAIRE
1. Do you now hold or have you ever held a real estate license in a state other than the state of Utah or in another country?
2. Have you ever had a license to practice in the real estate profession, or any other profession or occupation, denied, restricted, suspended, or revoked?
3. Have you ever been permitted to resign or surrender your real estate license or any other professional license, or have you ever allowed a license to expire while you were under investigation, or while action was pending against you by any real estate licensing or other agency?
4. Is any disciplinary action now pending against you by any real estate licensing or other agency?
5. Are you CURRENTLY under investigation for, or charged with, or have you ever been convicted of, or pled guilty or no contest to, a felony or misdemeanor? (If you have had only one misdemeanor conviction or plea and the case was closed over five years ago, you do not have to answer yes. Caution: DUI's and other alcohol-related traffic offenses may be misdemeanors. Non-alcohol-related traffic offenses do not need to be disclosed.)
6. Have you been placed on probation or ordered to pay a fine in connection with any criminal offense or a licensing action? If you answer YES to this question you will be asked at the time of application for licensure to provide proof of completion of your probation and payment of all fines.
7. Have you been ordered to pay restitution in connection with any criminal offense or licensing action? If you answer YES to this question you will be asked at the time of application for licensure to provide proof that you have fully complied with the restitution order.
8. Have you had a civil judgment entered against you based on fraud, misrepresentation, or deceit? If you answer YES to this question you will be asked at the time of application for licensure to provide proof that the judgment has been fully satisfied.
9. Are you under 18 years of age?
WARNING: IF YOU PASS THE EXAMINATION, YOUR FINGERPRINTS WILL BE TAKEN AND SUBMITTED FOR A CRIMINAL BACKGROUND CHECK. FAILURE TO ACCURATELY DISCLOSE YOUR CRIMINAL HISTORY WILL RESULT IN IMMEDIATE AND AUTOMATIC REVOCATION OF YOUR LICENSE. SALES AGENT LICENSE
License Requirements - The applicant for a sales agent license must be at least 18 years of age.
Education Requirements - An applicant for a sales agent license must complete an approved educational program of 90 classroom hours. The subject matter of the course will consist of Real Estate Principals and Practices and Utah Real Estate License Law.
All courses must be completed at a Division approved real estate school (http://realestate.utah.gov/educationlist.html).
Membership in the Utah State Bar will satisfy this education requirement.
Experience will not satisfy the education requirement. Licensing Procedure - Within 90 days after the successful completion of the examination, the applicant must return the following to the Division:
Score Report/License Application - The applicant will provide a score report/license application received from Promissor ( the professional testing service) which indicates that both the national and state portions of the examination have been passed. The passing score report/license application must be signed by the principal broker with whom the applicant will be affiliating. No such signature is required of the applicant who desires inactive status.
Education Documentation - The applicant will provide documentation of the successful completion of 90 hours of classroom education taken within the previous year. Documentation will consist of the signed and stamped education certificate located in the examination Candidate Handbook, and/or an education waiver issued by the Division.
Fees (http://realestate.utah.gov/fees.html) - The fee will include the license fee, the fee for the Recovery Fund, and the fingerprint processing fee. Currently, this totals $151.00.ASSOCIATE BROKER and/or PRINCIPAL BROKER LICENSE
License Requirements - The applicant for an associate broker/principal broker license must be at least 18 years of age.
The applicant must have a minimum of three years real estate experience and a total of at least 60 points accumulated within the five years prior to licensing. A minimum of two years (24 months) and at least 45 points will be accumulated from Tables I and/or II. The remaining 15 points may be accumulated from tables I, II, or III. The Principal Broker may accumulate additional experience points by having participated in real estate related activities as outlined in Experience Points Table III.
Education Requirements - An applicant for an associate broker or principal broker license must complete an approved educational program of 120 hours. The subject matter of the course will consist of 12 classroom hours in Brokerage Management, 24 classroom hours in Advanced Appraisal, 24 classroom hours in Advanced Finance, 24 classroom hours in Property Management, 24 classroom hours in Advanced Real Estate Law, and 12 hours in Utah License Law. All courses must be completed at a Division approved real estate school (http://realestate.utah.gov/educationlist.html).
The Division may waive all or part of the education requirement by virtue of equivalent education. Education waivers may be granted only by the Division. To obtain an education waiver, the applicant must provide to the Division valid documentation of his/her equivalent education.
Experience will not satisfy the education requirement. Licensing Procedure - Please refer to the following information and forms (Broker Application Packet)
Application for a Broker License Procedures Checklist (http://realestate.utah.gov/Brokerforms/broker%20checklist.pdf)
Requirements for Obtaining a Real Estate Broker License (http://realestate.utah.gov/LicForms/brok.requirements.pdf)
Experience Points Tables (Rule 162-2.2.5) (http://www.rules.utah.gov/publicat/code/r162/r162-002.htm#T2)
Documentation of Full Time Experience (http://realestate.utah.gov/LicForms/brokerfulltime.PDF)
Real Estate Sales/Leasing Transaction Log (http://realestate.utah.gov/LicForms/brokersalestable.PDF)
Real Estate Property Management Transaction Log (http://realestate.utah.gov/LicForms/brokermgttable.PDF)
Brokerage Verification Form (http://realestate.utah.gov/LicForms/brokerageverif.PDF)OPENING OWN BUSINESS
If the applicant wishes to open his/her own business, the following is also required:
Business Name Approval - The principal broker applicant must submit evidence that the name under which he/she will be doing business has been registered and is approved by the Division of Corporations, Utah Department of Commerce. The Division of Real Estate will not accept a proposed company name that may mislead the public into thinking they are not dealing with a real estate brokerage or property management company.
Company Registration - The principal broker applicant must submit a Company Application on the form required by the Division.
Evidence of Trust Account - The principal broker applicant shall submit documentation from a financial institution that is less than 30 days old verifying the applicant's trust account.
Change Cards - A Change Card must be submitted for each agent who will be affiliating with the principal broker.
Fees (http://realestate.utah.gov/fees.html) - Appropriate fees for company registration must be submitted. Currently this fee is $25.00.PROPERTY MANAGEMENT LICENSE
License Requirement - All persons who, for another and for valuable consideration, engage in property management must hold a current Utah real estate license to function as a property manager. Property management is defined as providing the following services which may include, but are not limited to:
Advertising real estate for lease or rent.
Procuring prospective tenants or lessees.
Negotiating lease or rental terms.
Executing lease or rental agreements.
This requirement does not apply to:
An owner who manages his/her own property.
A regular salaried employee of the owner of real estate who manages property owned by the employer.
Apartment managers who manage the apartments at which they reside in exchange for free or reduced rent on their apartments.
A full time salaried employee of a homeowners association who manages units subject to the declaration of condominium, which established the homeowners association.
Individuals who, as employees of a licensed property management company,
provide prospective tenants with access to vacant apartments,
provide secretarial, bookkeeping, maintenance or rent-collecting services,
quote predetermined rent and lease terms, and
fill out preprinted lease or rental agreements, the terms of which are not negotiable by the person completing the form.Broker Supervision - All property management conducted by a sales agent or associate broker must be supervised by the principal broker with whom the licensee is affiliated.
SEPARATE PROPERTY MANAGEMENT COMPANY
A principal broker may be granted a license to operate a property management company separate from an existing real estate brokerage upon compliance with the following conditions: Application - The principal broker, as a single proprietor or a company, must obtain an additional broker's license by submitting an application on the form required by the Division together with the license fee plus the fee for the Recovery Fund.
Business Name Approval - The applicant must submit evidence that the name of the new company has been registered and is approved by the Division of Corporations, Utah Department of Commerce. The Division of Real Estate will not accept a proposed company name that may mislead the public into thinking they are not dealing with a real estate brokerage or property management company.
Company Registration - The principal broker applicant must submit a Company Application on the form required by the Division.
Evidence of Trust Account - The principal broker applicant shall submit documentation from a financial institution that is less than 30 days old verifying the applicant's trust account.
Affiliated Licensees - The principal broker must designate with which company each of the licensees affiliated with him/her will be located - either the real estate brokerage or the property management company.
Property Management Company Only - No Brokerage - If a principal broker (an individual or company) wants to operate a property management company only AND does not operate a real estate brokerage, the principal broker may do so by the same procedure as for opening a real estate brokerage.
Fees (http://realestate.utah.gov/fees.html) - Appropriate fees for company registration must be submitted. Currently this fee is $25.00.
BRANCH OFFICES
A branch office is a real estate office affiliated with and operating under the same name as a principal brokerage but located at a different address. A branch office must be registered with the Division of Real Estate prior to operation. Application - To register a branch office, the principal broker must submit to the Division, on the forms required by the Division, the location of the branch, the name of the branch manager and the names of all associate brokers and sales agents assigned to the branch. He/she must also submit trust account documentation that is less than thirty days old of a valid trust account. This account can be the same trust account used by the main office.
Branch Manager - Each branch office must have an associate broker as a branch manager who will actively manage the office.
Fees (http://realestate.utah.gov/fees.html) - Appropriate fees for company registration must be submitted. Currently this fee is $25.00.
NON-RESIDENT LICENSE
A person who is actively licensed and in good standing in another state as a real estate principal broker, associate broker or sales agent may be issued an equivalent license in Utah by successfully completing specific education hours required by the Division with the concurrence of the Commission, and by passing the state and, in some cases, the general portion of the Utah real estate licensing examination. The general portion of the exam may not be waived for licensees from California due to the way California administers their exam.
If the license in another state is expired, the applicant will be required to comply with all of Utah's prelicensing requirements. Education and examination waivers will not be provided if the license has expired.
The applicant must also comply with each of the following requirements: Application - The applicant must submit an application for examination and license in accordance with the requirements of the state of Utah.
License History - Proof of licensure and disciplinary action, if any, (a "history letter") from each state in which the applicant has been licensed.
Education Documentation - A waiver toward the Utah education requirement may be granted for education taken in another state. The applicant must provide to the Division valid documentation of any certified real estate education taken in another state that correlates with the education requirement of the state of Utah. Valid documentation shall show proof of completion of the subject matter, the date of completion and the number of classroom hours of each course taken.
The application will be required to take a minimum of 12 classroom hours in Utah License Law and may be required to take additional real estate education hours. The applicant will be notified by the Division of his/her specific education requirements in the form of a "waiver letter." WAIVER LETTER - Upon receipt of the "license history" and the documentation of previously completed real estate education, the Division will determine how many hours, if any, of Utah's education requirement may be waived and how many hours the applicant will still be required to complete before he/she will be allowed to sit for the examination. The licensee will be notified of his/her education requirements in the form of a "waiver letter." If applicable, the "waiver letter" will also indicate whether the general (national) portion of the licensing examination will be waived.
The "waiver letter" must be presented:
to the school to show the number of education hours required of the candidate,
at the time of the examination, and
at the time of application for licensure.EXAMINATION - If the applicant has been actively licensed in another state for the preceding two years, he/she will be required to take only the Utah state portion of the examination. If the applicant has been on an inactive status in another state for any portion of the past two years, he/she will be required to take both the national and Utah state portions of the examination. The general portion of the exam may not be waived for licensees from California due to the way California administers their exam.
TRUST ACCOUNT - If the applicant is a principal broker, he/she must establish a real estate trust account in this state.
CONSENT TO SERVICE - Upon applying for licensure, the applicant must submit to the Division an irrevocable written consent allowing service of process on the Commission or the Division.
PRINCIPAL BROKER AFFILIATION - If the applicant is an associate broker or sales agent, the principal broker with whom he/she is affiliated must hold an active Utah license.
APPLICANTS LICENSED IN OTHER STATES
A person who is licensed in another state as a real estate principal broker, associate broker or sales agent may become licensed in Utah by successfully completing specific education hours required by the Division with the concurrence of the Commission, and by passing the state and, in some cases, the general portion of the Utah real estate licensing examination. The general portion of the exam may not be waived for licensees from California due to the way California administers their exam.
If the license in another state is expired, the applicant will be required to comply with all of Utah's prelicensing requirements. Education and examination waivers will not be provided.
The applicant must also comply with each of the following requirements: Application - The applicant must submit an application for examination and license in accordance with the requirements of the state of Utah.
License History - The applicant must be or have been licensed as a principal broker, associate broker or sales agent in another state. Proof of licensure (a "history letter") from the regulatory agency of each state of previous licensure must be provided to the Division of Real Estate.
Education Documentation - A waiver toward the Utah education requirement may be granted for education taken in another state. The applicant must provide to the Division valid documentation of any certified real estate education taken in another state that correlates with the education requirement of the state of Utah. Valid documentation shall show proof of completion of the subject matter, the date of completion and the number of classroom hours of each course taken.
The applicant will be required to take a minimum of 12 classroom hours in Utah License Law, and may be required to take additional real estate education hours. The applicant will be notified by the Division of his/her specific education requirements in the form of a "waiver letter." WAIVER LETTER - Upon receipt of the "license history" and the documentation of previously completed real estate education, the Division will determine how many hours, if any, of Utah's education requirement may be waived and how many hours the applicant will still be required to complete before he/she will be allowed to sit for the examination. The licensee will be notified of his/her education requirements in the form of a "waiver letter." If applicable, the "waiver letter" will also indicate whether the general (national) portion of the licensing examination will be waived. The general portion of the exam may not be waived for licensees from California due to the way California administers their exam.
The "waiver letter" must be presented:
to the school to show the number of education hours required of the candidate,
at the time of the examination, and
at the time of application for licensure.EXAMINATION - If the applicant has been actively licensed in another state for the preceding two years, he/she will be required to take only the Utah state portion of the examination. If the applicant has been on an inactive status in another state for any portion of the past two years, he/she will be required to take both the national and Utah state portions of the examination. The general portion of the exam may not be waived for licensees from California due to the way California administers their exam.
RECIPROCITY
The State of Utah currently has signed reciprocity agreements with Wyoming, Colorado, Idaho, Montana, and Alberta, Canada. To apply for reciprocity, send us a written request for licensing through reciprocity, including what states you currently have and previously have had a license in, as well as your contact information. Have the state(s) send a certified license history to us (see contact information (http://realestate.utah.gov/contact.html)). The reciprocal state MUST show that your license is on an active status. Once we receive your written request and the certified license history/histories, we will generate an application form for you. We will also send you: a questionnaire, the Consent To Service form and acknowledgement, which must be signed and notarized; 2 fingerprint cards; and the fingerprint waiver form (fingerprints required for sales agent applicants only - not for broker applicants). Fingerprints must be obtained by the applicant. The application and other relevant forms must be completed and submitted with the $100 licensing fee and $12 recovery fund fee for sales agents or $18 recovery fund fee for brokers (plus $39 fingerprint processing fee for sales agent applicants). If a broker applicant wishes to open his or her own company, additional paperwork and fees are required. See "Opening Own Business (http://realestate.utah.gov/relicensing.html#IF OPENING OWN BUSINESS)" information above.
EXAMINATION PROCEDURE
Education - Before an applicant will be allowed to sit for the examination, he/she must have completely satisfied the appropriate educational requirement.
Application - The candidate should obtain the Candidate Handbook from the pre-licensing school. This handbook will outline the procedure for registering for and taking the examination.
Date/Location - The examination will be given twice daily (Tuesday thru Saturday) in the Salt Lake City area. The examination is also available at the testing centers in Provo, Ogden, Las Vegas, Nevada, and Grand Junction, Colorado.
Waiver Letter - Any candidate who is granted a waiver of the general portion of the examination must submit proof of such waiver from the Division at the time of application.
Questions - The test consists of 80 questions on the general portion of the examination, 40 questions for sales agents and 50 questions for brokers on the state portion of the examination. Both the general and state portions of the examination must be passed within a six-month period of time.
More Information - Please refer to the Candidate Handbook for complete details on taking the examination.
Special Services - The testing center complies with the provisions of the Americans with Disabilities Act (42 USCS Section 12101 et seq.). If the candidate has a disabling condition, he/she may request special testing services. The disability must be verified by a professional who is qualified to diagnose and document the disability.
The Utah Real Estate Commission determines the qualifications and the requirements of all applicants for a Utah real estate license. Each applicant is required to provide evidence of honesty, integrity, truthfulness, reputation and competency. Each applicant must pass an examination covering the fundamentals of the English language, arithmetic, bookkeeping, real estate principals and practices, the Rules established by the Real Estate Commission and any other aspect of Utah Real Estate License Law considered appropriate.
Please take time to go over the screening questionnaire. Your responses to these questions could have an impact upon whether or not you are able to obtain a Utah Real Estate license.
SCREENING QUESTIONNAIRE
1. Do you now hold or have you ever held a real estate license in a state other than the state of Utah or in another country?
2. Have you ever had a license to practice in the real estate profession, or any other profession or occupation, denied, restricted, suspended, or revoked?
3. Have you ever been permitted to resign or surrender your real estate license or any other professional license, or have you ever allowed a license to expire while you were under investigation, or while action was pending against you by any real estate licensing or other agency?
4. Is any disciplinary action now pending against you by any real estate licensing or other agency?
5. Are you CURRENTLY under investigation for, or charged with, or have you ever been convicted of, or pled guilty or no contest to, a felony or misdemeanor? (If you have had only one misdemeanor conviction or plea and the case was closed over five years ago, you do not have to answer yes. Caution: DUI's and other alcohol-related traffic offenses may be misdemeanors. Non-alcohol-related traffic offenses do not need to be disclosed.)
6. Have you been placed on probation or ordered to pay a fine in connection with any criminal offense or a licensing action? If you answer YES to this question you will be asked at the time of application for licensure to provide proof of completion of your probation and payment of all fines.
7. Have you been ordered to pay restitution in connection with any criminal offense or licensing action? If you answer YES to this question you will be asked at the time of application for licensure to provide proof that you have fully complied with the restitution order.
8. Have you had a civil judgment entered against you based on fraud, misrepresentation, or deceit? If you answer YES to this question you will be asked at the time of application for licensure to provide proof that the judgment has been fully satisfied.
9. Are you under 18 years of age?
WARNING: IF YOU PASS THE EXAMINATION, YOUR FINGERPRINTS WILL BE TAKEN AND SUBMITTED FOR A CRIMINAL BACKGROUND CHECK. FAILURE TO ACCURATELY DISCLOSE YOUR CRIMINAL HISTORY WILL RESULT IN IMMEDIATE AND AUTOMATIC REVOCATION OF YOUR LICENSE. SALES AGENT LICENSE
License Requirements - The applicant for a sales agent license must be at least 18 years of age.
Education Requirements - An applicant for a sales agent license must complete an approved educational program of 90 classroom hours. The subject matter of the course will consist of Real Estate Principals and Practices and Utah Real Estate License Law.
All courses must be completed at a Division approved real estate school (http://realestate.utah.gov/educationlist.html).
Membership in the Utah State Bar will satisfy this education requirement.
Experience will not satisfy the education requirement. Licensing Procedure - Within 90 days after the successful completion of the examination, the applicant must return the following to the Division:
Score Report/License Application - The applicant will provide a score report/license application received from Promissor ( the professional testing service) which indicates that both the national and state portions of the examination have been passed. The passing score report/license application must be signed by the principal broker with whom the applicant will be affiliating. No such signature is required of the applicant who desires inactive status.
Education Documentation - The applicant will provide documentation of the successful completion of 90 hours of classroom education taken within the previous year. Documentation will consist of the signed and stamped education certificate located in the examination Candidate Handbook, and/or an education waiver issued by the Division.
Fees (http://realestate.utah.gov/fees.html) - The fee will include the license fee, the fee for the Recovery Fund, and the fingerprint processing fee. Currently, this totals $151.00.ASSOCIATE BROKER and/or PRINCIPAL BROKER LICENSE
License Requirements - The applicant for an associate broker/principal broker license must be at least 18 years of age.
The applicant must have a minimum of three years real estate experience and a total of at least 60 points accumulated within the five years prior to licensing. A minimum of two years (24 months) and at least 45 points will be accumulated from Tables I and/or II. The remaining 15 points may be accumulated from tables I, II, or III. The Principal Broker may accumulate additional experience points by having participated in real estate related activities as outlined in Experience Points Table III.
Education Requirements - An applicant for an associate broker or principal broker license must complete an approved educational program of 120 hours. The subject matter of the course will consist of 12 classroom hours in Brokerage Management, 24 classroom hours in Advanced Appraisal, 24 classroom hours in Advanced Finance, 24 classroom hours in Property Management, 24 classroom hours in Advanced Real Estate Law, and 12 hours in Utah License Law. All courses must be completed at a Division approved real estate school (http://realestate.utah.gov/educationlist.html).
The Division may waive all or part of the education requirement by virtue of equivalent education. Education waivers may be granted only by the Division. To obtain an education waiver, the applicant must provide to the Division valid documentation of his/her equivalent education.
Experience will not satisfy the education requirement. Licensing Procedure - Please refer to the following information and forms (Broker Application Packet)
Application for a Broker License Procedures Checklist (http://realestate.utah.gov/Brokerforms/broker%20checklist.pdf)
Requirements for Obtaining a Real Estate Broker License (http://realestate.utah.gov/LicForms/brok.requirements.pdf)
Experience Points Tables (Rule 162-2.2.5) (http://www.rules.utah.gov/publicat/code/r162/r162-002.htm#T2)
Documentation of Full Time Experience (http://realestate.utah.gov/LicForms/brokerfulltime.PDF)
Real Estate Sales/Leasing Transaction Log (http://realestate.utah.gov/LicForms/brokersalestable.PDF)
Real Estate Property Management Transaction Log (http://realestate.utah.gov/LicForms/brokermgttable.PDF)
Brokerage Verification Form (http://realestate.utah.gov/LicForms/brokerageverif.PDF)OPENING OWN BUSINESS
If the applicant wishes to open his/her own business, the following is also required:
Business Name Approval - The principal broker applicant must submit evidence that the name under which he/she will be doing business has been registered and is approved by the Division of Corporations, Utah Department of Commerce. The Division of Real Estate will not accept a proposed company name that may mislead the public into thinking they are not dealing with a real estate brokerage or property management company.
Company Registration - The principal broker applicant must submit a Company Application on the form required by the Division.
Evidence of Trust Account - The principal broker applicant shall submit documentation from a financial institution that is less than 30 days old verifying the applicant's trust account.
Change Cards - A Change Card must be submitted for each agent who will be affiliating with the principal broker.
Fees (http://realestate.utah.gov/fees.html) - Appropriate fees for company registration must be submitted. Currently this fee is $25.00.PROPERTY MANAGEMENT LICENSE
License Requirement - All persons who, for another and for valuable consideration, engage in property management must hold a current Utah real estate license to function as a property manager. Property management is defined as providing the following services which may include, but are not limited to:
Advertising real estate for lease or rent.
Procuring prospective tenants or lessees.
Negotiating lease or rental terms.
Executing lease or rental agreements.
This requirement does not apply to:
An owner who manages his/her own property.
A regular salaried employee of the owner of real estate who manages property owned by the employer.
Apartment managers who manage the apartments at which they reside in exchange for free or reduced rent on their apartments.
A full time salaried employee of a homeowners association who manages units subject to the declaration of condominium, which established the homeowners association.
Individuals who, as employees of a licensed property management company,
provide prospective tenants with access to vacant apartments,
provide secretarial, bookkeeping, maintenance or rent-collecting services,
quote predetermined rent and lease terms, and
fill out preprinted lease or rental agreements, the terms of which are not negotiable by the person completing the form.Broker Supervision - All property management conducted by a sales agent or associate broker must be supervised by the principal broker with whom the licensee is affiliated.
SEPARATE PROPERTY MANAGEMENT COMPANY
A principal broker may be granted a license to operate a property management company separate from an existing real estate brokerage upon compliance with the following conditions: Application - The principal broker, as a single proprietor or a company, must obtain an additional broker's license by submitting an application on the form required by the Division together with the license fee plus the fee for the Recovery Fund.
Business Name Approval - The applicant must submit evidence that the name of the new company has been registered and is approved by the Division of Corporations, Utah Department of Commerce. The Division of Real Estate will not accept a proposed company name that may mislead the public into thinking they are not dealing with a real estate brokerage or property management company.
Company Registration - The principal broker applicant must submit a Company Application on the form required by the Division.
Evidence of Trust Account - The principal broker applicant shall submit documentation from a financial institution that is less than 30 days old verifying the applicant's trust account.
Affiliated Licensees - The principal broker must designate with which company each of the licensees affiliated with him/her will be located - either the real estate brokerage or the property management company.
Property Management Company Only - No Brokerage - If a principal broker (an individual or company) wants to operate a property management company only AND does not operate a real estate brokerage, the principal broker may do so by the same procedure as for opening a real estate brokerage.
Fees (http://realestate.utah.gov/fees.html) - Appropriate fees for company registration must be submitted. Currently this fee is $25.00.
BRANCH OFFICES
A branch office is a real estate office affiliated with and operating under the same name as a principal brokerage but located at a different address. A branch office must be registered with the Division of Real Estate prior to operation. Application - To register a branch office, the principal broker must submit to the Division, on the forms required by the Division, the location of the branch, the name of the branch manager and the names of all associate brokers and sales agents assigned to the branch. He/she must also submit trust account documentation that is less than thirty days old of a valid trust account. This account can be the same trust account used by the main office.
Branch Manager - Each branch office must have an associate broker as a branch manager who will actively manage the office.
Fees (http://realestate.utah.gov/fees.html) - Appropriate fees for company registration must be submitted. Currently this fee is $25.00.
NON-RESIDENT LICENSE
A person who is actively licensed and in good standing in another state as a real estate principal broker, associate broker or sales agent may be issued an equivalent license in Utah by successfully completing specific education hours required by the Division with the concurrence of the Commission, and by passing the state and, in some cases, the general portion of the Utah real estate licensing examination. The general portion of the exam may not be waived for licensees from California due to the way California administers their exam.
If the license in another state is expired, the applicant will be required to comply with all of Utah's prelicensing requirements. Education and examination waivers will not be provided if the license has expired.
The applicant must also comply with each of the following requirements: Application - The applicant must submit an application for examination and license in accordance with the requirements of the state of Utah.
License History - Proof of licensure and disciplinary action, if any, (a "history letter") from each state in which the applicant has been licensed.
Education Documentation - A waiver toward the Utah education requirement may be granted for education taken in another state. The applicant must provide to the Division valid documentation of any certified real estate education taken in another state that correlates with the education requirement of the state of Utah. Valid documentation shall show proof of completion of the subject matter, the date of completion and the number of classroom hours of each course taken.
The application will be required to take a minimum of 12 classroom hours in Utah License Law and may be required to take additional real estate education hours. The applicant will be notified by the Division of his/her specific education requirements in the form of a "waiver letter." WAIVER LETTER - Upon receipt of the "license history" and the documentation of previously completed real estate education, the Division will determine how many hours, if any, of Utah's education requirement may be waived and how many hours the applicant will still be required to complete before he/she will be allowed to sit for the examination. The licensee will be notified of his/her education requirements in the form of a "waiver letter." If applicable, the "waiver letter" will also indicate whether the general (national) portion of the licensing examination will be waived.
The "waiver letter" must be presented:
to the school to show the number of education hours required of the candidate,
at the time of the examination, and
at the time of application for licensure.EXAMINATION - If the applicant has been actively licensed in another state for the preceding two years, he/she will be required to take only the Utah state portion of the examination. If the applicant has been on an inactive status in another state for any portion of the past two years, he/she will be required to take both the national and Utah state portions of the examination. The general portion of the exam may not be waived for licensees from California due to the way California administers their exam.
TRUST ACCOUNT - If the applicant is a principal broker, he/she must establish a real estate trust account in this state.
CONSENT TO SERVICE - Upon applying for licensure, the applicant must submit to the Division an irrevocable written consent allowing service of process on the Commission or the Division.
PRINCIPAL BROKER AFFILIATION - If the applicant is an associate broker or sales agent, the principal broker with whom he/she is affiliated must hold an active Utah license.
APPLICANTS LICENSED IN OTHER STATES
A person who is licensed in another state as a real estate principal broker, associate broker or sales agent may become licensed in Utah by successfully completing specific education hours required by the Division with the concurrence of the Commission, and by passing the state and, in some cases, the general portion of the Utah real estate licensing examination. The general portion of the exam may not be waived for licensees from California due to the way California administers their exam.
If the license in another state is expired, the applicant will be required to comply with all of Utah's prelicensing requirements. Education and examination waivers will not be provided.
The applicant must also comply with each of the following requirements: Application - The applicant must submit an application for examination and license in accordance with the requirements of the state of Utah.
License History - The applicant must be or have been licensed as a principal broker, associate broker or sales agent in another state. Proof of licensure (a "history letter") from the regulatory agency of each state of previous licensure must be provided to the Division of Real Estate.
Education Documentation - A waiver toward the Utah education requirement may be granted for education taken in another state. The applicant must provide to the Division valid documentation of any certified real estate education taken in another state that correlates with the education requirement of the state of Utah. Valid documentation shall show proof of completion of the subject matter, the date of completion and the number of classroom hours of each course taken.
The applicant will be required to take a minimum of 12 classroom hours in Utah License Law, and may be required to take additional real estate education hours. The applicant will be notified by the Division of his/her specific education requirements in the form of a "waiver letter." WAIVER LETTER - Upon receipt of the "license history" and the documentation of previously completed real estate education, the Division will determine how many hours, if any, of Utah's education requirement may be waived and how many hours the applicant will still be required to complete before he/she will be allowed to sit for the examination. The licensee will be notified of his/her education requirements in the form of a "waiver letter." If applicable, the "waiver letter" will also indicate whether the general (national) portion of the licensing examination will be waived. The general portion of the exam may not be waived for licensees from California due to the way California administers their exam.
The "waiver letter" must be presented:
to the school to show the number of education hours required of the candidate,
at the time of the examination, and
at the time of application for licensure.EXAMINATION - If the applicant has been actively licensed in another state for the preceding two years, he/she will be required to take only the Utah state portion of the examination. If the applicant has been on an inactive status in another state for any portion of the past two years, he/she will be required to take both the national and Utah state portions of the examination. The general portion of the exam may not be waived for licensees from California due to the way California administers their exam.
RECIPROCITY
The State of Utah currently has signed reciprocity agreements with Wyoming, Colorado, Idaho, Montana, and Alberta, Canada. To apply for reciprocity, send us a written request for licensing through reciprocity, including what states you currently have and previously have had a license in, as well as your contact information. Have the state(s) send a certified license history to us (see contact information (http://realestate.utah.gov/contact.html)). The reciprocal state MUST show that your license is on an active status. Once we receive your written request and the certified license history/histories, we will generate an application form for you. We will also send you: a questionnaire, the Consent To Service form and acknowledgement, which must be signed and notarized; 2 fingerprint cards; and the fingerprint waiver form (fingerprints required for sales agent applicants only - not for broker applicants). Fingerprints must be obtained by the applicant. The application and other relevant forms must be completed and submitted with the $100 licensing fee and $12 recovery fund fee for sales agents or $18 recovery fund fee for brokers (plus $39 fingerprint processing fee for sales agent applicants). If a broker applicant wishes to open his or her own company, additional paperwork and fees are required. See "Opening Own Business (http://realestate.utah.gov/relicensing.html#IF OPENING OWN BUSINESS)" information above.
EXAMINATION PROCEDURE
Education - Before an applicant will be allowed to sit for the examination, he/she must have completely satisfied the appropriate educational requirement.
Application - The candidate should obtain the Candidate Handbook from the pre-licensing school. This handbook will outline the procedure for registering for and taking the examination.
Date/Location - The examination will be given twice daily (Tuesday thru Saturday) in the Salt Lake City area. The examination is also available at the testing centers in Provo, Ogden, Las Vegas, Nevada, and Grand Junction, Colorado.
Waiver Letter - Any candidate who is granted a waiver of the general portion of the examination must submit proof of such waiver from the Division at the time of application.
Questions - The test consists of 80 questions on the general portion of the examination, 40 questions for sales agents and 50 questions for brokers on the state portion of the examination. Both the general and state portions of the examination must be passed within a six-month period of time.
More Information - Please refer to the Candidate Handbook for complete details on taking the examination.
Special Services - The testing center complies with the provisions of the Americans with Disabilities Act (42 USCS Section 12101 et seq.). If the candidate has a disabling condition, he/she may request special testing services. The disability must be verified by a professional who is qualified to diagnose and document the disability.