Terms Used In Utah Code > Title 63L > Chapter 13 > Part 2 - Interests in Land

• Bequest: Property gifted by will.
• Contract: A legal written agreement that becomes binding when signed.
• Deed: The legal instrument used to transfer title in real property from one person to another.
• Devise: To gift property by will.
• Escheat: Reversion of real or personal property to the state when 1) a person dies without leaving a will and has no heirs, or 2) when the property (such as a bank account) has been inactive for a certain period of time. ^{Source: OCC}
• Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
• Interest in land: means any right, title, lien, claim, interest, or estate with respect to land. See Utah Code 63L-13-101
• Land: includes :

  (i)	agricultural land, as defined in Section 4-46-102;

  (ii)	land owned or controlled by a political subdivision;

  (iii)

  land owned or controlled by a school district;

  (iv)	non-federal land, as defined in Section 9-9-402;

  (v)	private land;

  (vi)	public land;

  (vii)

  state land, as defined in Subsection 9-9-402(14)(a);

  (viii)

  waters of the state, as defined in Subsection 19-5-102(23)(a); and

  (ix)

  subsurface land. See Utah Code 63L-13-101 Probate: Proving a will Restricted foreign entity: means : (a)  a company that the United States Secretary of Defense is required to identify and report as a military company under Section 1260H of the William M. See Utah Code 63L-13-101 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