Definitions.

Utah Code § 61-2f-502, under Part 61-2f-5: Real Estate Education, Research, and Recovery Fund Act.

Utah Code § 61-2f-502

61-2f-502. Definitions.

For purposes of this part:

(1) "Civil judgment" means a judgment in a civil action that: is awarded in an action brought against a real estate licensee on the basis of fraud, misrepresentation, or deceit in a real estate transaction; and awards actual damages.

(2) "Criminal restitution judgment" means a judgment that, in accordance with Title 77, Criminal Procedure, orders criminal restitution to a person and against a real estate licensee for a criminal offense involving fraud, misrepresentation, or deceit in a real estate transaction.

(3) "Final judgment" means one of the following judgments upon termination of the proceedings related to the judgment, including appeals: a civil judgment; or a criminal restitution judgment.

(4) "Fund" means the Real Estate Education, Research, and Recovery Fund created in Section. 61-2f-503