Utah Statutes
§ 57-6-3 — Rights of parties -- Acquiring other's interest or holding as tenants in common.
The plaintiff in the main action may thereupon pay the appraised value of the improvements and take the property, but should the plaintiff fail to do so after a reasonable time, to be fixed by the court, the defendant may take the property upon paying its value, exclusive of the improvements. If this is not done within a reasonable time, to be fixed by the court, the parties will be held to be tenants in common of all the real estate, including the improvements, each holding an interest proportionate to the values ascertained on the trial.
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Utah § 57-6-3 (Rights of parties -- Acquiring other's interest or holding as tenants in common.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Related
Jeffs v. Stubbs
970 P.2d 1234 (Utah Supreme Court, 1998)
Allen v. Hall
2005 UT App 23 (Court of Appeals of Utah, 2005)
Legislative History
Amended by Chapter 365, 2024 General Session
Nearby Sections
15
§ 57-1-1
Definitions.§ 57-1-10
After-acquired title passes.§ 57-1-12
Form of warranty deed -- Effect.§ 57-1-12.5
Form of special warranty deed -- Effect.§ 57-1-13
Form of quitclaim deed.§ 57-1-14
Form of mortgage -- Effect.§ 57-1-19
Trust deeds -- Definitions of terms.