Section 403 – Professional conduct — Uniform standards.
61-2g-403. Professional conduct — Uniform standards. (1) (a) A person licensed, certified, or registered under this chapter shall comply with: (i) generally accepted standards of professional appraisal practice; and (ii) generally accepted ethical rules to be observed by a real estate appraiser. (b) Subject to the other provisions of this Subsection (1), generally accepted standards […]
Section 404 – Registration, licensure, or certification prerequisite to suit for compensation.
61-2g-404. Registration, licensure, or certification prerequisite to suit for compensation. A person engaged in the business of real estate appraising in this state or acting in the capacity of a real estate appraiser in this state may not bring or maintain an action as a plaintiff in a court of this state to collect compensation […]
Section 405 – Recordkeeping requirements.
Effective 5/12/2020 61-2g-405. Recordkeeping requirements. (1) Subject to Subsection (2), a person licensed or certified under this chapter shall retain for a period of five years the original or a true copy of: (a) each written contract engaging the person’s services for real estate or real property appraisal work; (b) each appraisal report prepared or […]
Section 313 – State-certified residential appraiser — Authority and qualifications.
Effective 5/13/2014 61-2g-313. State-certified residential appraiser — Authority and qualifications. (1) An applicant for certification as a residential appraiser shall provide to the division evidence of: (a) the applicant’s good moral character, honesty, competency, integrity, truthfulness, and general fitness to command the confidence of the community; (b) completion of the certification examination with a satisfactory […]
Section 314 – State-certified general appraiser — Application — Qualifications.
Effective 5/13/2014 61-2g-314. State-certified general appraiser — Application — Qualifications. (1) An applicant for certification as a general appraiser shall provide to the division evidence of: (a) the applicant’s good moral character, honesty, competency, integrity, truthfulness, and general fitness to command the confidence of the community; (b) completion of the certification examination with a satisfactory […]
Section 315 – Licensing, certification, and registration documents — Assigned number to be used on contracts — Surrender of documents upon suspension.
61-2g-315. Licensing, certification, and registration documents — Assigned number to be used on contracts — Surrender of documents upon suspension. (1) The division shall issue to a person licensed, certified, or registered under this chapter a document: (a) stating that the person is licensed, certified, or registered under this chapter; and (b) specifying the expiration […]
Section 316 – Surrender of license.
Effective 5/13/2014 61-2g-316. Surrender of license. (1) The division may, by written agreement, accept the voluntary surrender of a license issued under this chapter. (2) Tender and acceptance of a voluntary surrender of a license under Subsection (1): (a) does not prevent the division from pursuing additional action, including disciplinary action, that relates to the […]
Section 312 – State-certified appraisers — Authority.
Effective 5/13/2014 61-2g-312. State-certified appraisers — Authority. (1) A state-certified residential appraiser: (a) is authorized to appraise the types of real estate that a state-licensed appraiser is authorized to appraise; (b) is authorized to appraise 1-4 unit residential real estate without regard to transaction value or complexity; and (c) is not authorized to appraise subdivisions […]
Section 302 – Registration as trainee.
Effective 5/13/2014 61-2g-302. Registration as trainee. (1) An individual shall register with the division as a trainee before the individual acts in the capacity of a trainee or earns experience for licensure. (2) Subject to Subsection (2), the board, with the concurrence of the division, shall make rules in accordance with Title 63G, Chapter 3, […]
Section 304 – Application for licensure, certification, or registration.
61-2g-304. Application for licensure, certification, or registration. (1) An application for the following shall be sent to the division on a form approved by the division: (a) original certification, licensure, or registration; and (b) renewal of certification, licensure, or registration. (2) The payment of the appropriate fee, as established by the division, with the concurrence […]