Utah License Law
A Utah licensee who acts as a buyer in a transaction where they will earn a commission must:
AResign their license before purchasing
BDisclose their licensed status in writing to the seller✓ Correct
COnly purchase through a different brokerage
DObtain approval from the Division of Real Estate
Explanation
A Utah licensee purchasing real property for their own account must disclose their licensed status to the seller in writing. This ensures the seller is not disadvantaged by the professional knowledge of the buyer.
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