Real Estate Law Articles
Protections to Owners and Residents of Mobile Home Parks in Utah
Joseph G. Ballstaedt801.365.1021joe@snjlegal.com If you recently purchased a mobile home park, or if you are a seasoned landlord in Utah who is thinking about purchasing a mobile home park, you will want to become familiar …
The Four-Week Hold Before a Creditor Can Collect on a Utah Judgment
Joseph G. Ballstaedt801.365.1021joe@snjlegal.com If you win a lawsuit in Utah, you receive a judgment from the court, a piece of paper explaining that you won. This judgment usually includes an amount of money that you …
Enhanced Penalties to Utah Contractors Who Fail to Pay Their Subcontractors and Suppliers
Joseph G. Ballstaedt801.365.1021joe@snjlegal.com When a contractor fails to pay a subcontractor or supplier, the contractor takes a risky path. Even if the contractor doesn’t pay the subcontractor because he himself hasn’t been paid by the …
Using Trust Deeds in Utah to Secure and Enforce Loan Obligations
After obtaining a loan from a bank and purchasing a property in Utah, most buyers understand that they have a “mortgage.” However, most lenders and buyers in Utah do not enter a true mortgage relationship. …
Resolving a Contract Dispute in Utah Through Accord and Satisfaction
Joseph G. Ballstaedt801.365.1021joe@snjlegal.com Unfortunately, not all contracts sail smoothly without dispute. Often times, one party breaches the contract—or there is at least a claim of a breach—and the two parties duke it out, and the …
Due Diligence and Seller’s Disclosures- “Buyer Beware!”
Utah, like most states, is a Caveat Emptor state, in other words—“Buyer Beware!”. This means that it is generally the buyer’s obligation to sufficiently inspect the home, property and systems before buying. The Seller does …
Reinstatement and Payoff when a Utah Trust Deed Goes into Default
Joseph G. Ballstaedt801.365.1021joe@snjlegal.com When a homeowner fails to make payments in Utah, he or she is typically in danger of what is called a “non-judicial foreclosure.” What this means is that the lender (usually a …
Lien Enforcement in Utah: Put It in a Self-Storage Unit and Consider It “Liened”
Joseph G. Ballstaedt801.365.1021joe@snjlegal.com In Utah, the owner of a self-storage unit can sell a tenant’s property that is stored there to pay outstanding rent or other amounts owed by the tenant. Below is a more …
Being “Under Contract”– What It Really Means
The phrase “Under Contract” is used frequently, but many buyers and sellers may not be sure what it means exactly. Once parties are “under contract,” they have an agreement to buy and sell for a …