Utah Code § 61-2f-502: Definitions.
Where this section sits in the code
- Title 61 Securities Division - Real Estate Division
- Chapter 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:
(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
(b) awards actual damages.
(2) "Criminal restitution judgment" means a judgment that, in accordance with Title 77, 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:
(a) a civil judgment; or
(b) a criminal restitution judgment.
(4) "Fund" means the Real Estate Education, Research, and Recovery Fund created in Section 61-2f-503.
Collected 2026-09-03T11:34:33Z. Source file · JSON