Utah Code 57-8-6.3. Fee for providing payoff information needed at closing
Current as of: 2023 | Check for updates
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(1) | Unless specifically authorized in the declaration, bylaws, or rules, an association of unit owners may not charge a fee for providing association payoff information needed in connection with the closing of a unit owner‘s financing, refinancing, or sale of the owner’s unit. |
(a) | acting as a group in accordance with the declaration and bylaws; or |
(b) | organized as a legal entity in accordance with the declaration. See Utah Code 57-8-3 | ||||
(2) | An association of unit owners may not:
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(3) |
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(4) | This section applies to each association of unit owners, regardless of when the association of unit owners is formed. |
Enacted by Chapter 255, 2011 General Session