Utah § 78B-6-1279 Report of open-market sale.

Utah Statutes

§ 78B-6-1279 — Report of open-market sale.

Utah § 78B-6-1279

Title 78BJudicial Code

Ch. 78B-6Particular Proceedings

Part 78B-6-12aUniform Partition of Heirs' Property Act

This text of Utah § 78B-6-1279 (Report of open-market sale.) 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. § 78B-6-1279 (2026).

Text

(1)Unless required to do so within a shorter time by Title 78B, Chapter 6, Part 12, Partition, a broker appointed under Subsection 78B-6-1278(2) to offer heirs' property for open-market sale shall file a report with the court no later than seven days after the day on which the broker receives an offer to purchase the property for at least the determination of value under Section 78B-6-1274 or 78B-6-1278.

(2)The report required by Subsection (1) shall contain the following information:

(2)(a) a description of the property to be sold to each buyer;

(2)(b) the name of each buyer;

(2)(c) the proposed purchase price;

(2)(d) the terms and conditions of the proposed sale, including the terms of any owner financing;

(2)(e) the amounts to be paid to lienholders;

(2)(f) a statement of contractual

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(1) Unless required to do so within a shorter time by Title 78B, Chapter 6, Part 12, Partition, a broker appointed under Subsection 78B-6-1278(2) to offer heirs' property for open-market sale shall file a report with the court no later than seven days after the day on which the broker receives an offer to purchase the property for at least the determination of value under Section 78B-6-1274 or 78B-6-1278.
(2) The report required by Subsection (1) shall contain the following information:

(2)(a) a description of the property to be sold to each buyer;
(2)(b) the name of each buyer;
(2)(c) the proposed purchase price;
(2)(d) the terms and conditions of the proposed sale, including the terms of any owner financing;
(2)(e) the amounts to be paid to lienholders;
(2)(f) a statement of contractual or other arrangements or conditions of the broker's commission; and
(2)(g) any other material fact relevant to the sale.