Legal Question in Real Estate Law in Utah

Is it against Utah law to gift a down payment on a home and expect to be paid back?

Asked on 6/01/13, 3:03 pm

1 Answer from Attorneys

Alvin Lundgren Alvin R. Lundgren, L.C.
0 users found helpful
0 attorneys agreed

If you gift the downpayment, it is a gift. One does not repay gifts.

Read more
Answered on 6/02/13, 8:22 pm

Related Questions & Answers

More Real Estate and Real Property questions and answers in Utah

Looking for something else?

Get Free Legal Advice

88413 active attorneys ready to answer your legal questions today.

Real Estate and Real Property Legal Forms

Browse and download our attorney-prepared and up-to-date legal forms from $4.99

Find a Legal Form

Featured Attorneys

Anthony SmithLawSmithLee's Summit, MO
Michelle ScopelliteGoldstein & Scopellite, PCTucson, AZ
Barry SteinDe Cardenas, Freixas, Stein & ZacharyMiami, FL
Find An Attorney

Are you an Attorney?

Earn additional revenue and grow your business. Join LawGuru Now