Exemption. — Utah Code § 2e-104

Utah Code § 2e-104 — Exemption.. Reproduced from the official Utah Code, with a citation summary, verification link, and related provisions.

§ 2e-104. Exemption.

Effective 5/8/2018
61-2e-104. Exemption.
This chapter does not apply to:

(1)

an entity that:

(a)	exclusively employs an individual on an employer-employee basis for the performance of a real estate appraisal activity in the normal course of the entity's business;

(b)	is responsible for ensuring that the real estate appraisal activity being performed by an employee is performed in accordance with applicable appraisal standards; and

(c)	is a federally regulated appraisal management company;

(2)

an individual who:

(a)	is an appraiser; and

(b)

in the normal course of business enters into an agreement, whether written or otherwise, with another appraiser for the performance of a real estate appraisal activity that the individual cannot complete for any reason, including:

(i)	competency;

(ii)	work load;

(iii)

schedule; or

(iv)	geographic location; or

(3)

an individual who:

(a)	in the normal course of business enters into an agreement, whether written or otherwise, with an appraiser for the performance of a real estate appraisal activity; and

(b)	under the agreement, cosigns the report of the appraiser performing the real estate appraisal activity upon the completion of the real estate appraisal activity.

Amended by Chapter 213, 2018 General Session

Source: official Utah text · Last verified 2026-08-27

At a glance

Citation: Utah Code § 2e-104
Jurisdiction: Utah
Code: Utah Code
Subject: Exemption.
Text: transcribed from the official source (verify below)

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Official Utah source for § 2e-104

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It addresses "Exemption.". Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.

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