Utah Code 78B-5-512. Property held by joint tenants or tenants in common
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Terms Used In Utah Code 78B-5-512
- Levy: means the seizure of property pursuant to any legal process issued for the purpose of collecting an unsecured debt. See Utah Code 78B-5-502
- Property: includes both real and personal property. See Utah Code 68-3-12.5
- State: when applied to the different parts of the United States, includes a state, district, or territory of the United States. See Utah Code 68-3-12.5
If an individual and another own property in this state as joint tenants or tenants in common, a creditor of the individual, subject to the individual’s right to claim an exemption under this part, may obtain a levy on and sale of the interest of the individual in the property. A creditor who has obtained a levy, or a purchaser who has purchased the individual’s interest at the sale, may have the property partitioned or the individual’s interest severed.
Renumbered and Amended by Chapter 3, 2008 General Session