What must a licensee do if they change their mailing address?

Prepare for the Utah PLM Test with flashcards, multiple choice questions, and detailed explanations. Maximize your chances of passing with a thorough review of lending and mortgage concepts.

When a licensee changes their mailing address, it is crucial for them to notify the Division of Real Estate within 10 days. This action ensures that all communication and official correspondence can be correctly directed to the licensee’s new address without unnecessary delays or misunderstandings. Prompt notification helps maintain compliance with state regulations and facilitates effective communication between the licensee and the regulatory body.

While updating the address on future documentation and informing clients are important practices, they do not fulfill the specific legal requirement set forth by the state. The rule mandating the notification within 10 days focuses on the importance of keeping the regulatory authorities informed, which is essential for maintaining an active and compliant professional status.

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