Full text of Utah Utah Code § 51-12-101 — Definitions., with citation guidance and answers to common questions.
§ 51-12-101. Definitions.
Effective 7/1/2025 51-12-101.
Definitions. As used in this chapter:
(1)
"Attainable home" means a residence that costs the purchaser no more than the amount a qualifying residential unit may be purchased in accordance with Section 63H-8-501 at the time the state treasurer deposits with a qualified depository.
(2)
"City of the first class" means the same as that term is defined in Section 10-2-301.
(3)
"City of the second class" means the same as that term is defined in Section 10-2-301.
(4)
"Fund" means the Transportation Infrastructure General Fund Support Subfund created in Section 72-2-134.
(5)
"Political subdivision" means:
(a)
the municipality in which the attainable home is located; or
(b)
the county, if the attainable home is located in an unincorporated portion of the county.
(6)
"Qualified depository" means:
(a)
the same as that term is defined in Section 51-7-3; or
(b)
the Utah Housing Corporation as described in Title 63H, Chapter 8, Utah Housing Corporation Act.
(7)
(a)
"Qualified project" means a new construction housing development project in the state for which the developer:
(i)
commits to:
(A)
offering for sale no fewer than 60% of the total units within the project as attainable homes;
(B)
including in the deed of sale for an attainable home a restriction, in favor of the political subdivision, that the attainable home be owner-occupied for no fewer than five years; and
(C)
having a plan to provide information to potential buyers of attainable homes about the First-Time Homebuyer Assistance Program created in Section 63H-8-502; and
(ii)
executes a valid agreement with the political subdivision or the Utah Housing Corporation to develop housing meeting the requirements of Subsections (7)(a)(i)(A) and (B).
(b)
"Qualified project" includes infrastructure within the housing development project.
(c)
"Qualified project" includes a project by a city of the first or second class that commits to:
(i)
receiving no more than $10,000,000 in deposits within one year from the day on which the city of the first or second class enters into a loan agreement with the qualified depository described in Subsection (6)(b) for a project as an attainable home;
(ii)
using the deposit to acquire and rehabilitate single-family homes within the city limits of the city of the first or second class boundaries;
(iii)
offering for sale the rehabilitated single-family home as an attainable home, including in the deed of sale for an attainable home a restriction, in favor of the city of the first or second class, that the attainable home be owner-occupied for no fewer than five years; and
(iv)
expanding an existing effort to acquire and rehabilitate single-family homes as described in Subsections (7)(c)(ii) and (iii).
Section 51-12-101 ("Definitions.") 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 § 51-12-101?
A common citation format is "Utah Code § 51-12-101" (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 § 51-12-101 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.
