Utah Mandatory Commercial Course (Core)

$45
This product includes:
LICENSE RENEWAL PERIOD: 2 YEARS Elective Hours: 0 Mandatory Hours: 3 Total Hours: 3
Description
Renewal Requirements

This commission-required course covers various topics that impact licensees’ real estate career, including everything from essential reviews of evergreen topics to statutory and administrative code changes licensees need to know about to stay in compliance with state laws and rules. 

In this course, licensees revisit what agency is and the agent’s roles and responsibilities, what’s needed to represent a consumer, seller disclosures, earnest money requirements, and other specific points of the real estate purchase contract, among other topics. Additionally, licensees will be brought up to speed on hot topics in the industry and Utah enforcement procedures. 

Moving forward, equipped with the useful information and practical advice found in this three-hour Utah Mandatory Commercial Course, licensees will be better positioned to offer their clients timely advice and superior representation. 

Course highlights include:  

  • Agency review 
  • Fiduciary duties 
  • Limited agency relationships 
  • Commercial real estate forms 
  • Earnest money requirements 
  • Seller disclosures 
  • Conditions of purchase (due diligence, appraisal, and financing) 
  • Notices and acceptance 
  • Commercial leasing practices 
  • Commercial lease types 
  • Subleasing and assignment 
  • Tenant and landlord obligations 
  • Legislative and Administrative Code updates 
  • Cooperative brokerage agreements with out-of-state licensees 
  • Cyberfraud prevention 

Package Content:

State Requirements For Utah

Utah State Requirement Details for Real Estate Broker and Sales Agent Continuing Education

Renewal Date: Licenses are valid for a two-year period and must be renewed no sooner than 45 days prior to and no later than the expiration date. All CE must be completed by the 15th of the renewal month to ensure on-time renewal.

Hours Required by the State: 18 hours

  • 3-Hour Mandatory Course in Residential, Commercial, or Property Management
  • 6 hours of other core topics
    • state-approved forms and contracts
    • other industry used forms or contracts
    • ethics
    • agency, agency agreements, and fiduciary duties
    • short sales or sales of bank-owned property
    • environmental hazards
    • property management
    • prevention of real estate and mortgage fraud, including wire fraud
    • federal and state real estate laws
    • fair housing, diversity, identifying bias, promoting equity, and inclusion
    • division administrative rules
    • broker trust accounts
    • water law, rights and transfer
    • multiple offers
  • 9 hours of other core topics or elective topics

Utah Division of Real Estate

Street Address: Heber M. Wells Building, 2nd Floor, 160 East 300 South, Salt Lake City, Utah 84111

Mailing Address: PO Box 146711, Salt Lake City, Utah 84114-6711

Telephone: (801) 530-6747

Email: realestate@utah.gov

Utah Division of Real Estate

DRE Continuing Education