Utah Code § 57-1-39 Definitions

• Library: Utah Statutes
• Edition: 2023
• Currency: Current through the 2023 Second Special Session
• Year: 2023
• Citation: Utah Code § 57-1-39

As used in Sections 57-1-40 and 57-1-44:

(1) "Beneficiary" means the record owner of the beneficiary's interest under a trust deed, including successors in interest.

(2) "Deliver" or "delivered" means by:

(a) overnight delivery by a reputable carrier;

(b) United States certified mail or express mail;

(c) hand delivery with receipt acknowledged in writing; or

(d) facsimile or electronic mail belonging to the beneficiary, mortgagee, or servicer.

(3) "Mortgage" is as described in Section 57-1-14.

(4) "Mortgagee" means the record owner of the mortgagee's interest under a mortgage, including a successor in interest.

(5) "Satisfactory evidence of the full payment of the obligation secured by a trust deed or mortgage" means written information adequate, in the opinion of a title insurer or title agent, to establish that the obligation secured by the trust deed or mortgage has been paid in full.