{"data":{"id":"us-ut/utah-code-57-29-305","jurisdiction":"us-ut","citation":"Utah Code § 57-29-305","heading":"Voidable agreements.","body":"(1)\n(a) If a sponsor violates a provision of this chapter in entering into an agreement to purchase an undivided fractionalized long-term estate, the purchaser may rescind the agreement.\n(b) A purchaser may rescind an agreement under this Subsection (1) at any time before the closing.\n(2) A purchaser who rescinds an agreement in accordance with Subsection (1) is entitled to all the consideration that the purchaser gave under the rescinded agreement.\n(3) In an action to enforce a purchaser's right of rescission under Subsection (1), the court shall award costs and reasonable attorney fees to the prevailing party.","path":["Title 57 Real Estate","Chapter 57-29 Undivided Fractionalized Long-term Estate Sales Practices Act","Part 57-29-3 Investigation and Enforcement"],"source_url":"https://le.utah.gov/xcode/Title57/Chapter29/57-29-S305.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:33Z","sha256":"008c53fb99773e48c83eeee85e694682a7eeb65e4cd8d0c0eaf8b8cb29d1cb94","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-57-29-304","next":"us-ut/utah-code-57-30-101"},"notice":"GroundRules: Original legal text. Not legal advice."}