Utah License Law
Utah's Residential Mortgage Practices and Licensing Act (RMPLA) regulates:
AReal estate agents who help buyers find mortgages
BMortgage loan originators who must be licensed separately from real estate agents✓ Correct
CTitle company escrow officers
DProperty appraisers
Explanation
Mortgage loan originators in Utah must hold a separate NMLS (Nationwide Multistate Licensing System) license under RMPLA, distinct from a real estate license. A real estate license does not authorize mortgage origination.
Related Utah Utah License Law Questions
- When a Utah real estate license is under investigation, the licensee:
- When a Utah agent represents a buyer in a transaction where the seller is not represented, the agent owes to the unrepresented seller:
- The Utah Division of Real Estate is part of which state department?
- How many continuing education hours must Utah real estate sales agents complete per renewal period?
- A Utah sales agent who wants to upgrade to a principal broker license must:
- A Utah real estate license is NOT required for which of the following activities?
- Under Utah real estate law, an unlicensed person who is paid a 'bird dog' fee for finding potential listings is:
- A Utah real estate licensee is required to disclose to all parties in a transaction:
Practice More Utah Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Utah Quiz →