Utah § 53C-4-103 Rulemaking for sale of real property -- Licensed or certified appraisers -- Exceptions.

Utah Statutes

§ 53C-4-103 — Rulemaking for sale of real property -- Licensed or certified appraisers -- Exceptions.

Utah § 53C-4-103

Title 53CSchool and Institutional Trust Lands Management Act

Ch. 53C-4Sales, Exchanges, and Leases of Trust Lands

Part 53C-4-1Sales of Trust Lands

This text of Utah § 53C-4-103 (Rulemaking for sale of real property -- Licensed or certified appraisers -- Exceptions.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 53C-4-103 (2026).

Text

(1)In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, if the administration buys, sells, or exchanges real property, the administration shall make rules to ensure that the value of the real property is congruent with the proposed price and other terms of the purchase, sale, or exchange.

(2)The rules:

(2)(a) shall establish procedures for determining the value of the real property;

(2)(b) may provide that an appraisal, as defined under Section 61-2g-102, demonstrates the real property's value; and

(2)(c) may require that the appraisal be completed by a state-certified general appraiser, as defined under Section 61-2g-102.

(3)Subsection (1) does not apply to the purchase, sale, or exchange of real property, or to an interest in real property:

(3)(a) that is und

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(1) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, if the administration buys, sells, or exchanges real property, the administration shall make rules to ensure that the value of the real property is congruent with the proposed price and other terms of the purchase, sale, or exchange.
(2) The rules:

(2)(a) shall establish procedures for determining the value of the real property;
(2)(b) may provide that an appraisal, as defined under Section 61-2g-102, demonstrates the real property's value; and
(2)(c) may require that the appraisal be completed by a state-certified general appraiser, as defined under Section 61-2g-102.
(3) Subsection (1) does not apply to the purchase, sale, or exchange of real property, or to an interest in real property:

(3)(a) that is under a contract or other written agreement before May 5, 2008; or
(3)(b) with a value of less than $100,000, as estimated by the state agency.