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Code · Utah · Title 57 — Real Estate · Chapter 6

57-6-3. Rights of parties -- Acquiring other's interest or holding as tenants in common.

120 words·~1 min read·/ut/title-57/chapter-6/57-6-3

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Effective 5/1/2024
57-6-3. Rights of parties -- Acquiring other's interest or holding as tenants in common.
The plaintiff in the main action may thereupon pay the appraised value of the improvements and take the property, but should the plaintiff fail to do so after a reasonable time, to be fixed by the court, the defendant may take the property upon paying its value, exclusive of the improvements. If this is not done within a reasonable time, to be fixed by the court, the parties will be held to be tenants in common of all the real estate, including the improvements, each holding an interest proportionate to the values ascertained on the trial.
Amended by Chapter 365 , 2024 General Session
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