Utah Administrative Code
Topic - Commerce
Title R162 - Real Estate
Rule R162-2f - Real Estate Licensing and Practices Rule
Section R162-2f-203 - Inactivation and Activation
Universal Citation: UT Admin Code R 162-2f-203
Current through Bulletin 2024-18, September 15, 2024
(1) Inactivation.
(a) To voluntarily inactivate
the license of a sales agent or an associate broker, the holder of the license
shall complete and submit a change form through RELMS pursuant to Section
R162-2f-207.
(b) To voluntarily inactivate a principal
broker license, the principal broker shall:
(i) before inactivating the license:
(A) give written notice to each licensee
affiliated with the principal broker of the date on which the principal broker
proposes to inactivate the license; and
(B) provide to the division evidence that the
licensee has complied with Subsection (1)(b)(i)(A); and
(ii) complete and submit a change form
through RELMS pursuant to Section
R162-2f-207.
(c) The license of a sales agent
or associate broker is involuntarily inactivated upon:
(i) termination of the licensee's affiliation
with a principal broker;
(ii)
expiration, suspension, revocation, inactivation, or termination of the license
of the principal broker with whom the sales agent or associate broker is
affiliated; or
(iii) inactivation
or termination of the registration of the entity with which the licensee's
principal broker is affiliated.
(d) The registration of an entity is
involuntarily inactivated upon:
(i)
termination of the entity's affiliation with a principal broker; or
(ii) expiration, suspension, revocation,
inactivation, or termination of the license of the principal broker with whom
the entity is affiliated.
(e) The license of a principal broker is
involuntarily inactivated upon termination of the licensee's affiliation with a
registered entity.
(f) If the
division or commission orders that a principal broker's license is to be
suspended or revoked:
(i) the order shall
state the effective date of the suspension or revocation; and
(ii) before the effective date, the entity
shall:
(A)
(I) affiliate with a new principal broker;
and
(II) submit change forms
through RELMS to affiliate each licensee with the new principal broker;
or
(B)
(I) provide written notice to each licensee
affiliated with the principal broker of the pending suspension or revocation;
and
(II) comply with Subsection
R162-2f-207(3)(c)(ii)(B).
(2) Activation.
(a) To activate a license, the holder of the
inactive license shall:
(i) complete and
submit a change card through RELMS pursuant to Section
R162-2f-207;
(ii) submit proof of:
(A) having been issued an active license at
the time of last renewal;
(B)
having completed, within the two-year period preceding the date on which the
licensee requests activation, 18 hours of continuing education, including nine
hours of core topics of which three hours shall include the Mandatory 3-Hour CE
course; or
(C) having passed the
licensing examination within the six-month period before the date on which the
licensee requests activation;
(iii)
(A)
if applying to activate a sales agent or associate broker license, evidence
affiliation with a principal broker; or
(B) if applying to activate a principal
broker license, evidence affiliation with a registered entity; and
(iv) pay a nonrefundable
activation fee.
(b) A
licensee who submits continuing education to activate a license may not use the
same continuing education to renew the license at the time of the licensee's
next renewal.
Disclaimer: These regulations may not be the most recent version. Utah may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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