Utah Code > Title 57 > Chapter 29 > Part 3 – Investigation and Enforcement
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Terms Used In Utah Code > Title 57 > Chapter 29 > Part 3 - Investigation and Enforcement
- Commission: means the Real Estate Commission created in Section 61-2f-103. See Utah Code 57-29-102
- Director: means the director of the Division of Real Estate. See Utah Code 57-29-102
- Discovery: Lawyers' examination, before trial, of facts and documents in possession of the opponents to help the lawyers prepare for trial.
- Division: means the Division of Real Estate created in Section 61-2-201. See Utah Code 57-29-102
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Person: means :Utah Code 68-3-12.5
- real estate: means any right, title, estate, or interest in land, including all nonextracted minerals located in, on, or under the land, all buildings, fixtures and improvements on the land, and all water rights, rights-of-way, easements, rents, issues, profits, income, tenements, hereditaments, possessory rights, claims, including mining claims, privileges, and appurtenances belonging to, used, or enjoyed with the land or any part of the land. See Utah Code 57-1-1
- Right of rescission: Right to cancel, within three business days, a contract that uses the home of a person as collateral, except in the case of a first mortgage loan. There is no fee to the borrower, who receives a full refund of all fees paid. The right of rescission is guaranteed by the Truth in Lending Act (TILA). Source: OCC
- Sponsor: means a person who is the original seller of an undivided fractionalized long-term estate. See Utah Code 57-29-102
- Subpoena: A command to a witness to appear and give testimony.
- Undivided fractionalized long-term estate: means an ownership interest in real property by two or more persons that is:
(i) a tenancy in common; or (ii) a fee estate. See Utah Code 57-29-102