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Utah Code Title 63A. Utah Government Operations Code § 63A-5b-304. Agencies authorized to hold title--Transfer of real property to a government entity

Current as of January 01, 2025 | Updated by Findlaw Staff

(1) As used in this section:

(a) “Agency property” means real property, as described in Subsection (2), that:

(i) is owned by a title agency; and

(ii) the title agency no longer uses or needs.

(b) “Government entity” means:

(i) a local government entity, as defined in Section 63A-5b-901; or

(ii) a state agency, as defined in Section 63A-5b-901.

(c) “Title agency” means an agency listed in Subsection (2).

(2) Notwithstanding Section 63A-5b-303, an agency may hold title to real property that the agency occupies for a purpose other than the agency's administrative offices, if the agency is:

(a) the Department of Transportation;

(b) the Department of Natural Resources;

(c) the Department of Workforce Services;

(d) the Division of Forestry, Fire, and State Lands;

(e) the Utah National Guard;

(f) an area vocational center or other institution administered by the State Board of Education;

(g) the trust lands administration; or

(h) an institution of higher education.

(3) A title agency is not required to obtain an appraisal of agency property the title agency intends to transfer to a government entity if:

(a) the director of the title agency determines that the transfer is in the best interest of the title agency and the state; and

(b) the government entity to which ownership of the agency property is transferred will use the property for a public purpose.

(4) Subsection (3) does not apply if the title agency is required by law to receive fair market value in exchange for a transfer of agency property to a government entity.

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Cite this article: FindLaw.com - Utah Code Title 63A. Utah Government Operations Code § 63A-5b-304. Agencies authorized to hold title--Transfer of real property to a government entity - last updated January 01, 2025 | https://codes.findlaw.com/ut/title-63a-utah-government-operations-code/ut-code-sect-63a-5b-304/

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