Products tagged with 'utah real estate form'

If you are selling property in Utah to a buyer who can't qualify for a mortgage, you can carry all or part of the purchase price with this Contract for Deed.

• A contract for deed (or purchase money mortgage) allows a buyer to pay over time, with the seller carrying the balance until the last payment is made. The seller effectively becomes the mortgage lender for the balance of the purchase money.
• Title will transfer to the buyer once payment in full of all principal and interest has been received by the seller.
• The seller has the right to take back the property if the buyer defaults in payment.
• At the seller's option, the balance can be repaid by monthly payments with or without interest until paid, or monthly payments with interest for a fixed number of payments with a balloon payment at the end to pay out the balance.
• Available in MS Word format.
• Intended to be used only in the State of Utah.

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Protect your home against sale or seizure to satisfy your creditors by filing this Declaration of Homestead for the State of Utah.

• Utah Code §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).
• Intended to be used only in the State of Utah.

Transfer title to a real estate property in Utah from joint owners to an individual with this easy-to-use Quitclaim Deed template.

• Under the Quitclaim Deed, the transferors (grantors) convey all of their interest in the property to the transferee (grantee) but do not provide any warranties regarding the property.
• This form of Deed is often used following a divorce, to remove one spouse's name from title to the property.
• The form is available in MS Word format and is easy to use and fully customizable.
• This document is intended to be used only in the State of Utah.

Utah property developers can use this ready-made template to easily prepare a Declaration of Covenants, Conditions and Restrictions for a residential subdivision.

• The Declaration (also called a CC&R) contains covenants, easements, terms and conditions to govern the use and development of the lots, such as:
  • completion of construction prior to occupancy,
  • location of buildings and proximity of buildings, fences, etc. to property lines,
  • types of construction materials and methods allowed in the subdivision,
  • restrictions on parking, noise, commercial use, and other activities which could become a nuisance or be disruptive to other residents,
  • trash removal and sewage disposal,
  • installation and maintenance of utility easements,
  • powers and authority of the Architectural Review Committee.
• The CC&R must be filed with the County Records Office upon completion.
• This form is a MS Word document template that you can customize to fit your specific circumstances.
• Intended to be used only in the State of Utah.