Utah Admin. Code R592-16-3 - Definitions
Terms used in this rule are defined in Sections 31A-1-301 and 31A-2-402. Additional terms are defined as follows:
(1) "Land flip"
means two or more escrows involving real property where the following or
similar circumstances exist:
(a) A agrees to
sell real property to B;
(b) B then
agrees to sell the same real property to C; and
(c) B plans to buy from A and sell to
C.
Notes
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