Overview
This Utah Real Estate Commission-required course covers agency relationships, fiduciary duties, contract contingencies, and seller disclosure obligations. It also addresses lead-based paint disclosures, advertising, recordkeeping, unlicensed assistants, and fraud prevention. This course fulfills Utah’s three-hour mandatory residential core course requirement.
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License or Certification
Regulator
Type
Learning Objectives
- Describe how an agency relationship is formed and licensees' fiduciary duties to clients
- Recognize licensees' obligations when acting as a limited agent
- Understand a brokerage's responsibilities when handling earnest money
- Describe conditions of purchase, including due diligence, appraisal, and financing
- Explain recent legislative updates and rule changes that affect Utah licensees
- Describe seller's disclosure obligations and what is considered material information
- Identify current industry issues relating to fraud prevention, recordkeeping, unlicensed assistants, broker licensing, and the prohibition on residential property service agreements
Designed For:
Course Information
Adding additional credit may change exam requirements.
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S2-31 - Framework