Section 204 – Real Estate Appraiser Licensing and Certification Board.
Effective 5/5/2021 61-2g-204. Real Estate Appraiser Licensing and Certification Board. (1) (a) There is established a Real Estate Appraiser Licensing and Certification Board that consists of seven regular members as follows: (i) one state-licensed or state-certified appraiser who may be either a residential or general licensee or certificate holder; (ii) one state-certified residential appraiser; (iii) […]
Section 205 – Duties of board.
Effective 5/14/2019 61-2g-205. Duties of board. (1) (a) The board shall provide technical assistance to the division relating to real estate appraisal standards and real estate appraiser qualifications. (b) The board has the powers and duties listed in this section. (2) The board shall: (a) determine the experience and education requirements appropriate for a person […]
Section 301 – License or certification required.
Effective 5/14/2019 61-2g-301. License or certification required. (1) Except as provided in Subsection (2), it is unlawful for a person to prepare, for valuable consideration, an appraisal, an appraisal report, a certified appraisal report, or perform a consultation service relating to real estate or real property in this state without first being licensed or certified […]
Section 512 – Failure to comply with provisions constitutes a waiver.
61-2f-512. Failure to comply with provisions constitutes a waiver. A person’s failure to comply with this part constitutes a waiver of any right under this part. Renumbered and Amended by Chapter 379, 2010 General Session
Section 103 – Other law unaffected.
Effective 5/8/2018 61-2g-103. Other law unaffected. This chapter may not be considered to prohibit a person licensed, certified, or registered under this chapter from engaging in the practice of real estate appraising as a professional corporation or a limited liability company in accordance with: (1)Title 16, Chapter 11, Professional Corporation Act; or (2)Title 48, Chapter […]
Section 201 – Duties and powers of division in general.
61-2g-201. Duties and powers of division in general. (1) The division shall administer and enforce this chapter. (2) The division has the following powers and duties: (a) The division shall: (i) receive an application for licensing, certification, or registration; (ii) establish appropriate administrative procedures for the processing of an application for licensure, certification, or registration; […]
Section 507 – Division authority to act upon receipt of petition.
61-2f-507. Division authority to act upon receipt of petition. (1) When the division is served a petition under Section 61-2f-506, the division may: (a) file an answer to the petition in the court; (b) initiate a review proceeding conducted by the division; or (c) appear in any proceeding in the name of the defendant to […]
Section 508 – Court determination and order.
61-2f-508. Court determination and order. If a court determines that the fund should pay a claim under this part, in its order the court shall direct the division to pay from the fund that portion of the final judgment that is payable from the fund in accordance with Section 61-2f-506. Renumbered and Amended by Chapter […]
Section 509 – Insufficient funds to satisfy judgments — Procedure and interest.
61-2f-509. Insufficient funds to satisfy judgments — Procedure and interest. If money deposited in the fund and allotted for satisfying a final judgment against a real estate licensee is insufficient to satisfy an order issued in accordance with Section 61-2f-508, when sufficient money is deposited in the fund, the division shall: (1) satisfy the unpaid […]
Section 510 – Division subrogated to claimant — Authority to revoke license.
61-2f-510. Division subrogated to claimant — Authority to revoke license. (1) (a) If the division pays a claim against the fund in accordance with this chapter, the division is subrogated to the rights of the person who is paid the claim for the amounts paid out of the fund. (b) The division shall deposit in […]