Utah License Law
A Utah broker's trust account reconciliation must be performed:
AOnly at year-end
BMonthly, reconciling the trust account bank statement to the trust account ledger✓ Correct
CQuarterly, as required by the Division
DWhenever a client requests a reconciliation
Explanation
Utah Division of Real Estate rules require brokers to perform monthly trust account reconciliations—comparing the bank statement balance to the trust account ledger to ensure all client funds are accounted for.
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