Get R162-4. Office Procedures - Utah Division Of Real Estate - Realestate Utah

The Utah Administrative Code requires licensees to notify the Division of Real Estate within ten working days of doing any of the following: Changing their home address. Changing their e-mail address.

The Division of Real Estate (DRE) is one of seven agencies within the Utah Department of Commerce. The Mission of the Division of Real Estate is to protect the public and promote responsible business practices through education, licensure, and regulation of real estate, mortgage, and appraisal professionals.

The California Department of Real Estate (DRE) is responsible for regulating real estate brokers and salespersons, including those who work in property management.

The Utah Division of Real Estate oversees and regulates real estate professionals and activities in the state. All licensed individuals operate under specific guidelines and must adhere to state laws governing real estate and property management practices.

Sometimes it's called a monthly management fee. This is usually 8-10 percent of the tenant's monthly rent, but it could be a lower or higher percentage. (We'll explain this in detail later.) Typically, landlords will need to pay a tenant placement fee on top of the property management fee.

The Texas Real Estate Commission (TREC) is a regulatory body in Texas that oversees, among other things, residential property management. Property managers of single-family homes in Texas are usually required to have a broker's license.

The principal broker must maintain in his office and make available for inspection and copying by the Division all records pertaining to a real estate transaction for a period of at least three calendar years following the year in which an offer was rejected or the transaction either closed or failed. 4.1. 1.

The legal consequences of operating a property management company without a license in Utah can be severe. The Utah Division of Real Estate can impose fines and penalties on individuals or companies conducting unlicensed property management activities. Fines can range from $1,000 to $25,000 per violation.