Utah Statutes
§ 70C-5-104 — Restoration of down payment.
(1)Within 10 days after a home solicitation sale has been canceled or an offer to purchase revoked the seller shall tender to the buyer any payments made by the buyer and any note or other evidence of indebtedness.
(2)If the down payment includes goods traded in, the goods shall be tendered in substantially as good condition as when received by the seller. If the seller fails to tender the goods as provided by this section, the buyer may recover an amount equal to the trade-in allowance stated in the agreement.
(3)A provision permitting the seller to keep all or any part of any payment, note, or evidence of indebtedness is in violation of this section and unenforceable.
(4)Until the seller has complied with the obligations imposed by this section, the buyer may retain possession of goo
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Legislative History
Amended by Chapter 302, 2025 General Session
Nearby Sections
15
§ 70C-1-101
Short title.§ 70C-1-102
Purposes -- Rules of construction.§ 70C-1-104
Construction against implied repeal.§ 70C-1-105
Limitations by other laws not displaced.§ 70C-1-106
Determination of interest rate.§ 70C-1-201
Covered transactions.§ 70C-1-202
Exempted transactions.§ 70C-1-301
Interpretation consistent with federal law.§ 70C-1-302
Definitions.§ 70C-2-101
Finance and other charges.§ 70C-2-102
Delinquency charges.§ 70C-2-103
Deferral charges.§ 70C-2-104
Advances to perform covenants of buyer.