Utah License Law
A Utah real estate licensee who wishes to operate as an independent contractor rather than an employee of the brokerage must:
AObtain a separate independent contractor license from the Division
BHave a written independent contractor agreement with their principal broker✓ Correct
CPay a higher licensing fee to the Division of Real Estate
DFile separately with the IRS as a real estate professional
Explanation
Utah licensees who operate as independent contractors must have a written independent contractor agreement with their principal broker. The agreement governs the relationship but the broker remains responsible for the agent's licensed activities.
Related Utah Utah License Law Questions
- Under Utah Code 61-2f, a real estate licensee who receives earnest money must deposit it into the broker's trust account:
- Under Utah Code 61-2f, which of the following is NOT required on a Utah real estate license?
- Which of the following activities does NOT require a real estate license in Utah?
- The term 'principal broker' in Utah means:
- Which of the following is grounds for the Utah Division of Real Estate to deny a license application?
- A Utah real estate licensee who comingles client trust funds with personal funds may face:
- A Utah real estate licensee's license is on inactive status when:
- The Utah Division of Real Estate investigates complaints against licensees. Which of the following is a common basis for a complaint?
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