61-2-5 (Superseded 01/01/10). Division of Real Estate created -- Functions --
Director appointed -- Functions.
(1) There is created within the Department of Commerce a Division of Real Estate. It is
responsible for the administration and enforcement of:
(a) this chapter;
(b) Title 57, Chapter 11, Utah Uniform Land Sales Practices Act;
(c) Title 57, Chapter 19, Timeshare and Camp Resort Act;
(d) Title 57, Chapter 23, Real Estate Cooperative Marketing Act;
(e) Chapter 2a, Real Estate Recovery Fund Act;
(f) Chapter 2b, Real Estate Appraiser Licensing and Certification Act;
(g) Chapter 2c, Utah Residential Mortgage Practices Act; and
(h) Chapter 2e, Appraisal Management Company Registration and Regulation Act.
(2) The division is under the direction and control of a director appointed by the
executive director of the department with the approval of the governor. The director holds the
office of director at the pleasure of the governor.
(3) The director, with the approval of the executive director, may employ personnel
necessary to discharge the duties of the division at salaries to be fixed by the director according
to standards established by the Department of Administrative Services.
(4) On or before October 1 of each year, the director shall, in conjunction with the
department, report to the governor and the Legislature concerning the division's work for the
preceding fiscal year ending June 30.
(5) The director, in conjunction with the executive director, shall prepare and submit to
the governor and the Legislature a budget for the fiscal year next following the convening of the
Legislature.
Amended by Chapter 269, 2009 General Session
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Last revised: Thursday, May 28, 2009