Utah License Law
A Utah real estate licensee who also holds a Utah mortgage loan originator license must ensure that:
ABoth licenses are held by the same employer
BAny client who receives both services is fully informed of the dual roles and any potential conflicts✓ Correct
CThe mortgage license automatically exempts them from real estate CE
DThe Division of Real Estate approves each transaction where both roles are used
Explanation
A licensee holding both a real estate and mortgage originator license must disclose to clients when they are acting in both capacities and obtain informed consent, as dual roles create conflicts of interest.
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