57-11-2 — Definitions.
Code Resources
Utah Resources
Utah Website
Utah Governor
Utah Legislature
Utah Courts
Search this Code
in Google Scholar
on the Web
Google Web Search
MSN Web Search
Yahoo! Web Search
in the News
Google News Search
Google News Archive Search
Yahoo! News Search
in the Blogs
BlawgSearch.com Search
Google Blog Search
Technorati Blog Search
in other Databases
Google Book Search
57-11-2. Definitions.
As used in this chapter:
(1) "Disposition" includes sale, lease, assignment, award by lottery, or any other transaction concerning a subdivision, if undertaken for gain or profit. It does not include the sale or lease of land held by railroads for right of way if the land is within 400 feet of the center line of any railroad tract.
(2) "Federal act" means the federal Interstate Land Sales Full Disclosure Act (15 U.S.C., Sec. 1701, et seq.) or any successor federal act.
(3) "Industrial park" means any subdivision or subdivided lands offered as a part of a common promotional plan of advertising and sale zoned for office, manufacturing, warehousing, commercial, industrial, distribution, or wholesale use and utilized for one or more of those purposes. It does not include any land offered for sale which is designed or intended to be used for recreational, residential, including multiple family dwellings, or agricultural purposes.
(4) "Offer" includes every inducement, solicitation, or attempt to encourage a person to acquire an interest in land if undertaken for gain or profit.
(5) "Person" includes a business trust, estate, trust, partnership, unincorporated association, two or more of any entity having a joint or common interest, or any other legal or commercial entity.
(6) "Purchaser" means a person who acquires or attempts to acquire or succeeds to an interest in land.
(7) "Residential building" means any structure intended for occupation as a residence which, at the time of an offer or disposition of the unit on which it is situated, or on which there is a legal obligation on the part of the seller to complete construction of it within two years from date of disposition, has, or if completed would have, ready access to water, gas, electricity, and roads.
(8) "Subdivider" means the owner of any interest in subdivided lands who offers them for disposition or the principal agent of an inactive owner.
(9) "Subdivision" and "subdivided lands" means land which is divided or is proposed to be divided for the purpose of disposition into ten or more units including land, whether contiguous or not, if ten or more units are offered as a part of a common promotional plan of advertising and sale. If a subdivision is offered by a developer or group of developers, and the land is contiguous or is known, designated, or advertised as a common tract or by a common name, that land is presumed, without regard to the number of units covered by each individual offering, to be part of a common promotional plan.
(10) "Unit" includes any lot, parcel, or other interest in land separately offered for disposition.
As used in this chapter:
(1) "Disposition" includes sale, lease, assignment, award by lottery, or any other transaction concerning a subdivision, if undertaken for gain or profit. It does not include the sale or lease of land held by railroads for right of way if the land is within 400 feet of the center line of any railroad tract.
(2) "Federal act" means the federal Interstate Land Sales Full Disclosure Act (15 U.S.C., Sec. 1701, et seq.) or any successor federal act.
(3) "Industrial park" means any subdivision or subdivided lands offered as a part of a common promotional plan of advertising and sale zoned for office, manufacturing, warehousing, commercial, industrial, distribution, or wholesale use and utilized for one or more of those purposes. It does not include any land offered for sale which is designed or intended to be used for recreational, residential, including multiple family dwellings, or agricultural purposes.
(4) "Offer" includes every inducement, solicitation, or attempt to encourage a person to acquire an interest in land if undertaken for gain or profit.
(5) "Person" includes a business trust, estate, trust, partnership, unincorporated association, two or more of any entity having a joint or common interest, or any other legal or commercial entity.
(6) "Purchaser" means a person who acquires or attempts to acquire or succeeds to an interest in land.
(7) "Residential building" means any structure intended for occupation as a residence which, at the time of an offer or disposition of the unit on which it is situated, or on which there is a legal obligation on the part of the seller to complete construction of it within two years from date of disposition, has, or if completed would have, ready access to water, gas, electricity, and roads.
(8) "Subdivider" means the owner of any interest in subdivided lands who offers them for disposition or the principal agent of an inactive owner.
(9) "Subdivision" and "subdivided lands" means land which is divided or is proposed to be divided for the purpose of disposition into ten or more units including land, whether contiguous or not, if ten or more units are offered as a part of a common promotional plan of advertising and sale. If a subdivision is offered by a developer or group of developers, and the land is contiguous or is known, designated, or advertised as a common tract or by a common name, that land is presumed, without regard to the number of units covered by each individual offering, to be part of a common promotional plan.
(10) "Unit" includes any lot, parcel, or other interest in land separately offered for disposition.
Amended by Chapter 73, 1987 General Session