Utah Admin. Code R590-273-8 - Lien Held by the Commissioner in Favor of a Resident or a Group of Residents

The lien amount on a provider's property that is superior to the lien described in Subsection 31A-44-601(1) is limited to the portion of the funds secured by the lien used by the provider, including:

(1) an amount used to pay fees and costs for the design of the facility, including architectural and engineering fees and costs;

(2) an amount paid for engineering, environmental, and similar studies, reports, and surveys for the facility;

(3) an amount paid for appraisals, marketing, and other reports and surveys for construction, acquisition, or improvement of the facility;

(4) fees and costs paid to contractors, developers, brokers, salespersons, and other employees and agents, including affiliates of the provider;

(5) a fee, charge, assessment, or tax charged or imposed by a governmental unit, district, or similar body having jurisdiction over the facility; and

(6) reimbursement to a provider for expenditures that qualify under Subsection 31A-44-601(1) or this rule, if paid directly from loan proceeds.

Notes

Utah Admin. Code R590-273-8

Adopted by Utah State Bulletin Number 2017-9, effective 4/7/2017 Adopted by Utah State Bulletin Number 2023-04, effective 2/8/2023 Amended by Utah State Bulletin Number 2024-18, effective 9/10/2024