Utah Statutes
§ 61-2f-502 — Definitions.
Utah·Title 61 Securities Division - Real Estate Division·Ch. 61-2f Real Estate Licensing and Practices Act·Part 61-2f-5 Real Estate Education, Research, and Recovery Fund Act
For purposes of this part:
(1)"Civil judgment" means a judgment in a civil action that:
(1)(a) is awarded in an action brought against a real estate licensee on the basis of fraud, misrepresentation, or deceit in a real estate transaction; and
(1)(b) awards actual damages.
(2)"Criminal restitution judgment" means a judgment that, in accordance with the Utah Code of Criminal Procedure, orders criminal restitution to a person and against a real estate licensee for a criminal offense involving fraud, misrepresentation, or deceit in a real estate transaction.
(3)"Final judgment" means one of the following judgments upon termination of the proceedings related to the judgment, including appeals:
(3)(a) a civil judgment; or
(3)(b) a criminal restitution judgment.
(4)"Fund" means the Real Es
Free access — add to your briefcase to read the full text and ask questions with AI
Utah § 61-2f-502 (Definitions.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Renumbered and Amended by Chapter 379, 2010 General Session
Nearby Sections
15
§ 61-1-1
Fraud unlawful.§ 61-1-10
Registration by qualification.§ 61-1-101
Title.§ 61-1-102
Definitions.§ 61-1-103
Procedure for disclosure.§ 61-1-105
Remedies for employee bringing action.§ 61-1-106
Award for reporter.§ 61-1-13
Definitions.§ 61-1-14
Exemptions.