Current through Bulletin 2024-20, October 15, 2024
Section R162-2f-203 - Inactivation and Activation(1) Inactivation.(a) To voluntarily inactivate the license of a sales agent or an associate broker, the holder of the license shall complete and submit a change form through RELMS pursuant to Section R162-2f-207.(b) To voluntarily inactivate a principal broker license, the principal broker shall: (i) before inactivating the license: (A) give written notice to each licensee affiliated with the principal broker of the date on which the principal broker proposes to inactivate the license; and(B) provide to the division evidence that the licensee has complied with Subsection (1)(b)(i)(A); and(ii) complete and submit a change form through RELMS pursuant to Section R162-2f-207.(c) The license of a sales agent or associate broker is involuntarily inactivated upon:(i) termination of the licensee's affiliation with a principal broker;(ii) expiration, suspension, revocation, inactivation, or termination of the license of the principal broker with whom the sales agent or associate broker is affiliated; or(iii) inactivation or termination of the registration of the entity with which the licensee's principal broker is affiliated.(d) The registration of an entity is involuntarily inactivated upon: (i) termination of the entity's affiliation with a principal broker; or(ii) expiration, suspension, revocation, inactivation, or termination of the license of the principal broker with whom the entity is affiliated.(e) The license of a principal broker is involuntarily inactivated upon termination of the licensee's affiliation with a registered entity.(f) If the division or commission orders that a principal broker's license is to be suspended or revoked: (i) the order shall state the effective date of the suspension or revocation; and(ii) before the effective date, the entity shall: (A)(I) affiliate with a new principal broker; and(II) submit change forms through RELMS to affiliate each licensee with the new principal broker; or(B)(I) provide written notice to each licensee affiliated with the principal broker of the pending suspension or revocation; and(II) comply with Subsection R162-2f-207(3)(c)(ii)(B). (2) Activation. (a) To activate a license, the holder of the inactive license shall:(i) complete and submit a change card through RELMS pursuant to Section R162-2f-207; (ii) submit proof of: (A) having been issued an active license at the time of last renewal;(B) having completed, within the two-year period preceding the date on which the licensee requests activation, 18 hours of continuing education, including nine hours of core topics of which three hours shall include the Mandatory 3-Hour CE course; or(C) having passed the licensing examination within the six-month period before the date on which the licensee requests activation;(iii)(A) if applying to activate a sales agent or associate broker license, evidence affiliation with a principal broker; or(B) if applying to activate a principal broker license, evidence affiliation with a registered entity; and(iv) pay a nonrefundable activation fee. (b) A licensee who submits continuing education to activate a license may not use the same continuing education to renew the license at the time of the licensee's next renewal.Utah Admin. Code R162-2f-203
Amended by Utah State Bulletin Number 2020-21, effective 10/21/2020Amended by Utah State Bulletin Number 2022-11, effective 5/25/2022