Utah License Law
The Utah Real Estate Education Research and Recovery Fund is primarily used to:
AFund Utah UDRE employee salaries
BCompensate consumers who suffer financial harm from licensed real estate agents who cannot pay judgments✓ Correct
CProvide scholarships for real estate education
DFund advertising for the Utah real estate industry
Explanation
The Recovery Fund compensates consumers who obtain a court judgment against a licensed Utah real estate agent or broker but cannot collect that judgment. It serves as a safety net for the public dealing with insolvent licensees.
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