61-2f-502. Definitions.
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/ut/title-61/chapter-2f/61-2f-502A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 7/1/2026
61-2f-502. Definitions.
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 .
Amended by Chapter 291 , 2026 General Session