Utah Declaration of Homestead (Permanent Structure)
Protect your home against sale or seizure to satisfy your creditors by filing this Declaration of Homestead for the State of Utah.
- Utah Code Â§78B-5-503 entitles you to a homestead exemption of up to $20,000 of the value of your primary personal residence. That increases to $40,000 if the property is jointly owned.
- Even if your property is sold by a bankruptcy trustee or a creditor, you will be entitled to receive a certain amount of the sale proceeds.
- This form is for a dwelling that is a permanent structure on the land, and can be applied to the land surrounding it up to a maximum of one acre.
- You must live in the property in order to claim it as a homestead.
- A homestead exemption can also be claimed on property that is not the principal residence of the owner, but only to a maximum of $5,000. For jointly owned properties, the total exemption cannot exceed $10,000.
- After the document is signed, it must be filed with the County Recorder's Office for the county in which the home is located.
- The exemption does not apply to tax debts, any mortgages or charges already registered on the property, child support judgments, or consensual liens (such as mortgages or deeds of trust).
Buy the Utah Declaration of Homestead form, download it, fill in the blanks and file. It's so easy to protect the home you love.
Last Updated: 14-Apr-2016