Utah Real Estate Licensees ...
Continuing Education - CE requirements will increase from 12 to 18 hours. Licensees will need to complete 9 hours of core education and 9 hours of general education / electives to renew a license effective January 1, 2010.
If your license expires in January 2010, you may renew your license in December 2009 and instead complete the current 12 hours of Continuing Education.
Sales Agent Pre-licensing - Pre-licensing education will increase to 120 hours on January 1, 2010.
Utah Mortgage Licensees ...
Mortgage Loan Originator Pre-licensing - license applicants are required to complete a 60 hour pre-licensing course, effective January 1, 2010. If the licensee applicant completes the licensing process on or before December 31, 2009, current criteria will be acceptable.
S.A.F.E. Requirements and Testing - Mortgage licensees in Utah must create an account on the NMLS website by May 31, 2010. All licensees must pass the S.A.F.E. exam by December 31, 2010.
RESPA ...
New Good Faith Estimate and Settlement Statement forms are required on all applications taken on or after January 1, 2010.
From My Porch ...
Prof Mike • Class Star®
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