Utah HB0395 amends real estate transaction laws, including defining terms, establishing a real estate transaction communication network, and setting.

Utah HB0395 amends real estate transaction laws by defining key terms such as "covered communication" and "covered individual." It establishes a real estate transaction communication network to be overseen by the Real Estate Communication Commission within the Department of Commerce. The bill mandates that covered individuals use this network for communications related to real estate transactions, with exceptions for internal communications. It outlines the commission's duties, including reviewing and approving network rules and fees, and revoking certificates of authority for non-compliance.

Utah HB0395 amends real estate transaction laws, including defining terms, establishing a real estate transaction communication network, and setting.

Utah HB0395 amends real estate transaction laws by defining key terms such as "covered communication" and "covered individual." It establishes a real estate transaction communication network to be overseen by the Real Estate Communication Commission within the Department of Commerce. The bill mandates that covered individuals use this network for communications related to real estate transactions, with exceptions for internal communications. It outlines the commission's duties, including reviewing and approving network rules and fees, and revoking certificates of authority for non-compliance.