{"data":{"id":"us-ut/utah-code-70d-2-305","jurisdiction":"us-ut","citation":"Utah Code § 70D-2-305","heading":"Fee restrictions.","body":"(1) A lender or broker may not accept a fee or deposit from an applicant for a mortgage loan unless at the time the lender or broker accepts the fee or deposit there is a written statement:\n(a) signed by the applicant;\n(b) stating whether or not the fee or deposit is refundable; and\n(c) describing the conditions, if any, under which all or a portion of the fee or deposit will be refunded to the applicant.\n(2) Notwithstanding Subsection (1), a lender or broker may accept a fee or deposit from an applicant for a mortgage loan if the lender or broker receives an email from the applicant acknowledging that the applicant was provided the information required by Subsections (1)(b) and (c).","path":["Title 70D Financial Institution Mortgage Financing Regulation Act","Chapter 70D-2 Mortgage Lending and Servicing Act","Part 70D-2-3 Operational Requirements"],"source_url":"https://le.utah.gov/xcode/Title70D/Chapter2/70D-2-S305.html","current_through":"2026 General Session","vintage":"","retrieved_at":"2026-09-03T11:34:34Z","sha256":"8c2d00c5493190441f20b9ce7f923809f98441d179c3f4fe34239e7ed1207932","source_id":"us-ut","stale":false,"prev":"us-ut/utah-code-70d-2-304","next":"us-ut/utah-code-70d-2-401"},"notice":"GroundRules: Original legal text. Not legal advice."}