Utah § 76-6-1203 - Mortgage fraud.

Full text of Utah Utah Code § 76-6-1203 — Mortgage fraud., with citation guidance and answers to common questions.

§ 76-6-1203. Mortgage fraud.

Effective 5/3/2023
76-6-1203.  Mortgage fraud.
(1) Terms defined in Sections 76-1-101.5 and 76-6-1202 apply to this section.
(2) An actor commits mortgage fraud if the actor does any of the following with the intent to defraud:
(a) knowingly makes any material misstatement, misrepresentation, or omission during the mortgage lending process, intending that it be relied upon by a mortgage lender, borrower, or any other party to the mortgage lending process;
(b) knowingly uses or facilitates the use of any material misstatement, misrepresentation, or omission, during the mortgage lending process, intending that it be relied upon by a mortgage lender, borrower, or any other party to the mortgage lending process;
(c) files or causes to be filed with any county recorder in Utah any document that the actor knows contains a material misstatement, misrepresentation, or omission; or
(d) receives any proceeds or any compensation in connection with a mortgage loan that the actor knows resulted from a violation of this section.
(3)
(a) Notwithstanding any other administrative, civil, or criminal penalties, a violation of Subsection (2) is a:
(i) class A misdemeanor if the value is or exceeds $500 but is less than $1,500;
(ii) third degree felony if the value is or exceeds $1,500 but is less than $5,000;
(iii) second degree felony if the value is or exceeds $5,000; and
(iv) second degree felony if the object or purpose of the commission of an act of mortgage fraud is the obtaining of sensitive personal identifying information, regardless of the value.
(b) The determination of the degree of any offense under Subsection (3)(a) is measured by the total value of all property, money, or things obtained or sought to be obtained by a violation of Subsection (2), except as provided in Subsection (3)(a)(iv).
(4) Each residential or commercial property transaction offense under this section constitutes a separate violation.


Amended by Chapter 111, 2023 General Session

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Frequently Asked Questions About Utah § 76-6-1203

What does Utah Code § 76-6-1203 cover?

Section 76-6-1203 ("Mortgage fraud.") 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 § 76-6-1203?

A common citation format is "Utah Code § 76-6-1203" (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 § 76-6-1203 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.