(1)

1. (a) An entity may not engage in an activity described in Section 61-2f-201, unless it is registered with the division.

2. (b) To register with the division under this Subsection (1), an entity shall submit to the division:

   1. (i) an application in a form required by the division;
   2. (ii) evidence of an affiliation with a principal broker;
   3. (iii) evidence that the entity is registered and in good standing with the Division of Corporations and Commercial Code; and
   4. (iv) a registration fee established by the commission with the concurrence of the division under Section 63J-1-504.

3. (c) The division may terminate an entity's registration if:

   1. (i) the entity's registration with the Division of Corporations and Commercial Code has been expired for at least three years; and
   2. (ii) the entity's license with the division has been inactive for at least three years.

(2)

1. (a) A principal broker shall register with the division each of the principal broker's branch offices.

2. (b) To register a branch office with the division under this Subsection (2), a principal broker shall submit to the division:

   1. (i) an application in a form required by the division; and
   2. (ii) a registration fee established by the commission with the concurrence of the division under Section 63J-1-504.

(3)

1. (a) In accordance with rules made by the commission, the division shall certify:

   1. (i) a real estate school;
   2. (ii) a course provider; or
   3. (iii) an instructor.
2. (b) In accordance with rules made by the commission, and with the concurrence of the commission, the division shall certify a continuing education course that is required under this chapter.

(4)

1. (a) Except as provided by rule, a principal broker may not be responsible for more than one registered entity at the same time.

2. (b)

   1. (i) In addition to issuing a principal broker license, associate broker license, or sales agent license authorizing the performance of an act set forth in Section 61-2f-201, the division may issue a specialized sales license or specialized property management license with the scope of practice limited to the specialty.
   2. (ii) An individual may hold a specialized license in addition to a license as a principal broker, associate broker, or a sales agent.

   3. (iii) The commission may adopt rules pursuant to Title 63G, Chapter 3, Utah Administrative Rulemaking Act, for the administration of this Subsection (4), including:

      1. (A) prelicensing and postlicensing education requirements;
      2. (B) examination requirements;
      3. (C) affiliation with real estate brokerages or property management companies; and
      4. (D) other licensing procedures.