17 Apr Entities as Parties to Real Estate Transactions 4/17/2026 (2 CE- Mike Smith) Entities as Parties to Real Estate Transactions 4/17/2026 (2 CE- Mike Smith) Friday, April 17, 2026 (9:00 AM to 11:00 AM) 2 Education Credits Salt Lake Board of Realtors- Education Center, Sandy, Utah Details You're Registered! DescriptionLocationInstructorsCancellation Policy This course is certified for 2 Elective CE hours. To receive credit, you cannot miss more than 12 minutes. This class provides a general summary of Utah law dealing with the formation and startup requirements for partnerships, corporations, limited liability companies, and trusts. Instruction is provided regarding the legal requirements necessary for the appointment of an authorized individual to act on behalf of the specific business entity. Emphasis is placed on the need for a legally authorized representative of the entity to bind the entity to transaction contracts, including listing agreements and purchase/sale contracts. Training will be provided on how to make that determination as part of a real estate professional’s due diligence in the transaction. The risk of fraud and misrepresentation concerning authority to act for the entity are addressed at length. Delegation of authority and the possibility of fraud associated with delegation are discussed. Actual examples will be presented of transactions involving entities where pitfalls and lawsuits against real estate professionals have occurred. The use of entities as a vehicle to attempt fraud, and pointers on how to prevent fraud, will also be discussed. Salt Lake Board of Realtors- Education Center Salt Lake Board of Realtors- Education Center230 W. Towne Ridge Parkway Ste.100Sandy, UT 84070 Map & Directions Mike Smith Senior VP & General Counsel with Truly Title Inc. on 1031 Exchange and Real Estate Sales! This course is certified for 2 Elective CE hours. To receive credit, you cannot miss more than 12 minutes.EDUCATION POLICY: The Salt Lake Board is a CE provider and must comply with strict regulations set forth and enforced by the Utah Division of Real Estate. Per Division rules, all licensees must be in attendance for at least 90% of a course (54 minutes out of 60). To receive CE Credit you may miss the following amount of time: 6 minutes of a 1-hour course, 12 minutes of a 2-hour course and 18 minutes of a 3-hour+ course. These time limits apply even in the event of heavy traffic, severe weather conditions and the like. We monitor attendance from check-in, through all class breaks, and up until check out. Licensees who miss more than 10% of any CE course OR who fail to check in and/or check out will not be eligible to receive CE credit. Course Cancellation requires 24 hours/1 full business day notice. Designation Courses require 48 hours/2 business days' notice. Class cancellations received after these deadlines will not be eligible for refunds or credits. Courses that do not exceed the cost of $25.00 will not be eligible for refunds. If a course cannot be attended and the Board is notified within the sufficient amount of time, the cost of the course may be used as credit towards another course offered at the Board. Courses that exceed $25.00 may be issued refunds, if cancellation is given within the sufficient time period. We regret to inform licensees who are not eligible for CE credit that they will not receive a refund nor will they be able to transfer their payment to another class because of the contract we have set up with our instructors.DISCLAIMER: The opinions and viewpoints expressed by the faculty presenters do not necessarily reflect those of the Salt Lake Board of Realtors®. All materials provided by faculty presenters were prepared and/or assembled by the faculty presenters who are solely responsible for their correctness and appropriateness.