§ 61-2f-502. Definitions.

Latest version.

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 the Utah Code of 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.

Renumbered and Amended by Chapter 379, 2010 General Session

                    
                        var val = document.getElementById('citecontent').innerHTML;
                        art.dialog.defaults.title = window.location.href;
                        art.dialog.data('cite', val);
                        art.dialog.data('homeDemoPath', '/Scripts/plus/artDialog/');
                        art.dialog.open('/Scripts/plus/artDialog/citeiframe.html');