72-5-116 - Exemption from state licensure.
72-5-116. Exemption from state licensure.
In accordance with Section 61-2f-202, an employee or authorized agent working underthe oversight of the department when engaging in an act on behalf of the department related toone or more of the following is exempt from licensure under Title 61, Chapter 2f, Real EstateLicensing and Practices Act:
(1) acquiring real estate pursuant to Section 72-5-103;
(2) disposing of real estate pursuant to Section 72-5-111;
(3) providing services that constitute property management, as defined in Section61-2f-102; or
(4) leasing of real estate.
Amended by Chapter 379, 2010 General Session