UTA LEG Title Recording Amended

On Feb. 22, UTA LEG passed bill amending title notice requirements.

  • UTA LEG passed SB 165 regarding real property title recording notice requirements.
  • Amends UTA LEG 17-21-6, UTA LEG 59-2-919, and UTA LEG 59-2-1317 re tax notice.
  • Provisions
  • Amends duties of recorders to allow for property owners to receive, upon election, an electronic notice of a recorded deed or mortgage on owner's real property.
  • Describes method by which a property owner may elect to receive electronic notice.
  • Revises notice, public hearing requirements for tax increases to provide for e-notices.
  • Additionally, amendments require that a county treasurer provide instructions notice in the tax describing how an owner can elect to receive the electronic notice.
  • Legislative History
  • On Jan. 30, 2024, bill introduced in Senate; on Feb. 12, 2024, bill passed Senate.
  • On Feb. 12, 2024, bill introduced in House; on Feb. 22, 2024, bill passed House.
  • Effectiveness
  • Upon approval by governor, SB0165 takes effect on May 1, 2024.
  • Mar. 2024 UTA LEG Governor Approval
  • On Mar. 19, 2024, UTA LEG reported governor signed SB 165, effective May 1, 2024.

Regulators UTA LEG
Entity Types Bank; CNSM
Reference Bill SB165, 3/19/2024; Bill, SB0165, 2/22/2024; Citation: *UTA LEG* 17-21-6, 59-2-919, 59-2-1317;
Functions Compliance; Legal; Reporting; Tax
Countries United States of America
Products Banking; Mortgage
Regions Am
Rule Type Final
Rule Date 2/22/2024
Effective Date 5/1/2024
Rule Id 202027
Linked to N/A
Reg. Last Update 3/19/2024
Report Section US Consumer

Last substantive update on 03/23/2024