Utah Code Title 57. Real Estate § 57-19-26. Exemptions

(a) an isolated transaction by an owner of an interest in a development or by a person holding the owner's executed power of attorney;

(b) an offer or sale by a governmental entity; and

(c) a resale of an interest that is:

(a) investigate a complaint regarding the resale; and

(b) if applicable, take an administrative action against the developer or managing association on the basis of unprofessional conduct, as described in Section 57-19-13.

(3)(a) The director may, by rule made in accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, or by order, exempt any person from any requirement of this chapter if the director finds that the offering of an interest in a development is essentially noncommercial.

(b) The offering of an interest in a development that has 10 or fewer interests is considered essentially noncommercial.

(c) A person who does not meet the requirements described in Subsection (3)(b), but believes that a proposed offering of more than 10 interests in a development is essentially noncommercial, may request an order of exemption from the director.

(d) To request an order of exemption under this section, a person shall submit to the director a request for agency action in accordance with Section 63G-4-201.