Summary
In Section R162-2f-202b, broker experience rules are updated and clarified. A new provision is added requiring that one-half of broker experience points derive from transactions located in the state of Utah. In Section R162-2f-401a, the rule is clarified that licensees may fill out those legal forms as provided for in state law. A separate rule is provided for the authorization of signatures in property management transactions. References citations are corrected. In Subsection R162-2f-401(i), references and citations are corrected. In Section R612-2f-407, the division may designate an administrative proceeding as either a formal or an informal proceeding. The amendment provides for an administrative hearing before the commission to appeal a division order denying or restricting a license. The division may determine that an application presents unusual circumstances and should be heard by the commission. The amendment clarifies that an adjudicative proceeding will be conducted pursuant to the Administrative Procedures Act and Commerce Department rules. In Section R162-2f-501, broker experience tables are updated and clarified.