Utah § 2b-107 - Purchaser for value or lender.
Full text of Utah Utah Code § 2b-107 — Purchaser for value or lender., with citation guidance and answers to common questions.
§ 2b-107. Purchaser for value or lender.
| (1) | If a surviving spouse has apparent title to property to which this chapter applies, a purchaser for value or a lender taking a security interest in the property, takes the purchaser or lender's interest in the property free of any rights of the personal representative or an heir or devisee of the decedent. |
| (2) | If a personal representative or an heir or devisee of the decedent has apparent title to property to which this chapter applies, a purchaser for value or a lender taking a security interest in the property takes the purchaser or lender's interest in the property free of any rights of the surviving spouse. |
| (3) | A purchaser for value or a lender need not inquire whether a vendor or borrower acted properly. |
| (4) | The proceeds of a sale or creation of a security interest shall be treated in the same manner as the property transferred to the purchaser for value or a lender. |
Enacted by Chapter 132, 2012 General Session
Frequently Asked Questions About Utah § 2b-107
What does Utah Code § 2b-107 cover?
Section 2b-107 ("Purchaser for value or lender.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Utah § 2b-107?
A common citation format is "Utah Code § 2b-107" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Utah law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.
How does Utah § 2b-107 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Utah.