UT HB0395

Creates the Utah Real Estate Cybercrime Prevention Act, establishing a mandatory secure communication network for real estate transaction communications effective January 1, 2028

Requires appraisers, escrow agents, mortgage lenders, mortgage loan originators, real estate agents, real estate brokers, title insurance licensees, and title insurers to use the network for covered communications or face unprofessional conduct charges

Establishes a five-member Real Estate Communication Commission within the Department of Commerce to oversee the network, select and authorize a utility operator, and approve fee schedules and eligibility rules

Requires criminal background checks for individuals owning 10% or more of the utility operator, with automatic certificate revocation for failure to disclose criminal history involving fraud or deceit

Certificate of authority for utility operators expires after three years and requires renewal; the commission may revoke authority if the utility fails to maintain an operating network within six months of receiving authorization