Utah License Law
The Utah Division of Real Estate may conduct an audit of a broker's trust account:
AOnly if a formal complaint has been filed
BAt any time, with or without a complaint, as part of its regulatory oversight✓ Correct
COnly with a court order
DOnly every 5 years during license renewal
Explanation
The Utah Division of Real Estate has broad regulatory authority to audit trust accounts and examine records at any time as part of its oversight responsibility—not only in response to complaints. This helps detect and prevent trust fund violations.
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