Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
Month: means a calendar month, unless otherwise expressed. See Utah Code 68-3-12.5
A person may not, for a fee, commission, or other form of compensation, arrange, offer to arrange, or broker a transaction involving the sale or lease of more than two:
(i)
new or used motor vehicles in any 12 consecutive month period, unless the person is licensed under Subsection 41-3-202(1); or
(ii)
used motor vehicles in any 12 consecutive month period, unless the person is licensed under Subsection 41-3-202(2).
(b)
Each transaction a person arranges, offers to arrange, or brokers involving the sale or lease of a motor vehicle for a fee, commission, or other form of compensation is a separate violation under this section if:
(i)
the person has for a fee, commission, or other form of compensation, arranged, offered to arrange, or brokered the sale or lease of more than two new or used motor vehicles within the previous 12 consecutive month period; and
(ii)
the person is not licensed under Subsection 41-3-202(1).
(2)
A person who violates this section is guilty of a class B misdemeanor.