Property Management

A resident manager in Utah who lives in one of the rental units and manages the property for the owner in exchange for reduced rent:

AAlways requires a real estate license
BMay be exempt from licensing requirements if they perform only limited management functions under the owner's direct supervision✓ Correct
CMust form a management company
DMust obtain a property management license separate from a real estate license

Explanation

Resident managers who live on-site and perform limited functions (collecting rent, showing units) under an owner's direct supervision may qualify for exemptions from licensing. However, substantive independent management activities require a license.

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