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Utah · Through 2026 General Session

Utah Code § 61-2e-104: Exemption.

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Where this section sits in the code
  1. Title 61 Securities Division - Real Estate Division
  2. Chapter 61-2e Appraisal Management Company Registration and Regulation Act
  3. Part 61-2e-1 General Provisions

This chapter does not apply to:

(1) an entity that:

(a) exclusively employs an individual on an employer-employee basis for the performance of a real estate appraisal activity in the normal course of the entity's business;

(b) is responsible for ensuring that the real estate appraisal activity being performed by an employee is performed in accordance with applicable appraisal standards; and

(c) is a federally regulated appraisal management company;

(2) an individual who:

(a) is an appraiser; and

(b) in the normal course of business enters into an agreement, whether written or otherwise, with another appraiser for the performance of a real estate appraisal activity that the individual cannot complete for any reason, including:

(i) competency;

(ii) work load;

(iii) schedule; or

(iv) geographic location; or

(3) an individual who:

(a) in the normal course of business enters into an agreement, whether written or otherwise, with an appraiser for the performance of a real estate appraisal activity; and

(b) under the agreement, cosigns the report of the appraiser performing the real estate appraisal activity upon the completion of the real estate appraisal activity.

Collected 2026-09-03T11:34:33Z. Source file · JSON

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