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.
If you gift the downpayment, it is a gift. One does not repay gifts.
Answered on 6/02/13, 8:22 pm
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