{"data":{"id":"us-ut/utah-code-57-28-305","jurisdiction":"us-ut","citation":"Utah Code § 57-28-305","heading":"Lender default.","body":"(1) A lender who fails to make a loan advance on a non-federally insured reverse mortgage in accordance with the reverse mortgage agreement shall forfeit any right to repayment of the outstanding loan balance.\n(2) After a lender forfeits the lender's right to repayment under Subsection (1), the reverse mortgage loan agreement is void.","path":["Title 57 Real Estate","Chapter 57-28 Utah Reverse Mortgage Act","Part 57-28-3 Reverse Mortgage Proceeds, Priority, Foreclosure, and Lender Default"],"source_url":"https://le.utah.gov/xcode/Title57/Chapter28/57-28-S305.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"8ae0910c8f63e27ea41bdb032d9fb12dc53b1189f706d79f84983ef601fed3be","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-57-28-304","next":"us-ut/utah-code-57-29-101"},"notice":"GroundRules: Original legal text. Not legal advice."}