{"data":{"id":"us-ut/utah-code-61-2g-406","jurisdiction":"us-ut","citation":"Utah Code § 61-2g-406","heading":"Contingent fees.","body":"(1) A person licensed or certified under this chapter who enters into an agreement to perform an appraisal may not accept a contingent fee.\n(2) A person may accept payment of a fixed fee or a contingent fee when the person:\n(a) if the person is not licensed or certified under this chapter, presents or provides a price estimate or property tax information in accordance with Section 59-2-1017; or\n(b) if the person is licensed or certified under this chapter, enters into an agreement to provide consultation services.\n(3) A person that accepts payment of a fee under Subsection (2) shall:\n(a) clearly state in each oral statement the fact that the person is accepting payment of a fee under a contingent fee arrangement and whether the person is licensed or certified under this chapter; and\n(b) clearly state in any written consultation report or summary, letter of transmittal, certification statement, price estimate, or property tax information that the document is prepared under a contingent fee arrangement and whether the person is licensed or certified under this chapter.","path":["Title 61 Securities Division - Real Estate Division","Chapter 61-2g Real Estate Appraiser Licensing and Certification Act","Part 61-2g-4 Operational Restrictions"],"source_url":"https://le.utah.gov/xcode/Title61/Chapter2g/61-2g-S406.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"ae86409077c602849c359450c34951572cf3c072a7ef20eaa6bbc677cc1a5af5","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-61-2g-405","next":"us-ut/utah-code-61-2g-407"},"notice":"GroundRules: Original legal text. Not legal advice."}