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Current as of January 01, 2025 | Updated by Findlaw Staff
(1) Except as provided in Subsection (2), before a person initiates foreclosure proceedings on a reverse mortgage, the person shall:
(a) send the borrower, by certified mail, return receipt requested, written notice that states the grounds for default and foreclosure; and
(b) provide the borrower at least 30 days after the day on which the person sends the notice described in Subsection (1)(a) to cure the borrower's default.
(2) This section does not apply if the borrower is deceased.
Cite this article: FindLaw.com - Utah Code Title 57. Real Estate § 57-28-304. Foreclosure - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-57-real-estate/ut-code-sect-57-28-304/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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