R592-16-4

R592-16-4. Prohibited Escrow Involving a Land Flip

Last amended: 2024Length: 53 wordsOfficial source

Cite as Utah Admin. Code R592-16-4

A title insurance company, an agency title insurance producer, or an individual title insurance producer may not conduct escrow involving a land flip unless: (1) each real estate transaction stands on its own; and (2) the funds used in each transaction are separate and distinct from the funds used in a subsequent transaction.
R592-16-4: R592-16-4. Prohibited Escrow Involving a Land Flip | Justis AI