Utah real estate laws are basically governing by Title 57 of the Utah Code. A home buying is not that easy you think.
The buying process is related with lots of procedure like you have to do a large amount of paperwork and you have to maintain contact with the brokers, real estate agents title officer and other officials or professionals.
The buyer and seller of the home or property get relief after a successful transfer is done.
The seller of the home or property is legally bound to disclose certain defects of the home or property in Utah.
The seller should follow Utah Real Estate Laws, which are described in the Utah Code Section 57-27-201.
The seller has also the federal disclosure obligations.
Disclosure Law In Utah real estate laws:
According to the Utah Code Section 57-27-201, the seller is legally bound to disclose the following conditions of the selling home or the property.
- If there are any problems with the house system including plumbing, electric, heating and etc.
- Foundation or structure or basement condition. Like if there is any leakage problem in those elements.
- If there are any problems or recent repairs history in the roof of the selling home.
- If there are any flooded zone in the property or in the land or there are any problems with the drainage system.
- If there are any problems with the boundaries of the property.
- If there are any problems with drinking water.
- If there are any problems with the sewerage system like a septic tank problem.
- If there are any changes done to the construction or remodel the home.
- If the home seller had any problems with the homeowner associations.
- If there are any environmental hazards like radon gas or asbestos in the home.
The seller has to disclose if there exist Lead-Based pain in the home or property as per the 42 U.S.C Section 4851. Only if the home was built before 1978.
According to Section 57-1-1 of the Utah Code, the sellers do not have to make a disclosure regarding these conditions of the home or property:
- The home or property was the location of a homicide.
- The home or property was the location of a suicide.
- The home or property was the location of a decontaminated methamphetamine lab.
- The home or property was the residence by a person with a life-ending disease such as AIDS.
The home or property seller usually appoint a real estate agent to sell his home or property and for that reason, the agent does the duty to fill up the standard disclosure form and provide it to the home or property buyer.
If the seller fails to disclose or trying to conceal the defects of the home or property, then the buyer may file a lawsuit against the seller to get the remedies.
If you have any other queries regarding the Utah Real Estate Laws, then please do contact with experienced learned Real Estate Lawyer for better suggestions.