R592-14-4

R592-14-4. Prohibited Acts or Practices Affecting Title to Real Property

Last amended: 2022Length: 99 wordsOfficial source

Cite as Utah Admin. Code R592-14-4

A title insurance company, an agency title insurance producer, and an individual title insurance producer are prohibited from engaging in the following unfair or deceptive acts or practices: (1) knowingly failing to obtain a document for recording or knowingly failing to record a document that results in unmarketable or uninsurable title to real property; or (2) issuing or agreeing to issue title insurance, or affirming current marketability of title to real property when: (a) necessary documents for title have not been recorded; and (b) the record does not manifest an insurable title, according to generally accepted title insurance standards.
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