Property Management requirements in UtahMust Utah property management companies have a real estate broker's license? Yes — A Broker license is required for any individual who, for another and for valuable consideration, engages in property management including advertising real estate for lease or rent, procuring prospective tenants or lessees, negotiating lease or rental terms, executing lease or rental agreements. The licensing requirement does not apply to an owner who manages his or her own property, an employee for one property owner, apartment managers who reside in the apartments at reduced rent, full-time salaried employees of a Homeowners Association, hotel or motel management, or management activities associated with rental accommodations for a period of less than 30 consecutive days. A Sales Agent working for a Broker may also engage in such acts. Must Utah community association managers have a real estate broker's license? NO. A broker's license is not required to manage community associations in Utah. Utah Real Estate Broker Requirements: To become a licensed Broker an individual must:
Property Management Requirements Main Page IMPORTANT: This information is intended for informational purposes only and under no circumstances should it be considered legal advice or relied upon without first confirming its contents with your state real estate commission. Laws are updated frequently, and this information may not reflect the current law in your state. To confirm the specific requirements for each state, please contact your state real estate commission. |
Property Managers in Utah: |
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