Utah Prior instruments and Obligations

State:
Multi-State
Control #:
US-OG-506
Format:
Word; 
Rich Text
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Description

This is a Prior instruments and Obligations form, in addition to being made subject to all conveyances, reservations, and exceptions or other instruments of record, this assignment is made and assignee accepts this assignment subject to all terms, provisions, covenants, conditions, obligations, and agreements, including but not limited to the plugging responsibility for any well, surface restoration, or preferential purchase rights, contained in any contracts existing as of the effective date of this assignment and affecting the assigned property, whether or not recorded.

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FAQ

Title 13 Chapter 11a Section 3 Deceptive trade practices enumerated -- Records to be kept -- Defenses. 13-11a-3. Deceptive trade practices enumerated -- Records to be kept -- Defenses. engages in any other conduct which similarly creates a likelihood of confusion or of misunderstanding.

Deceptive act or practice by supplier. A deceptive act or practice by a supplier in connection with a consumer transaction violates this chapter whether it occurs before, during, or after the transaction.

The court looked to UCC § 3-104 (California Commercial Code 3104) for the definition of a negotiable instrument. Under 3-104(d) an instrument is not negotiable if it ?contains a conspicuous statement? to that effect.

13-11a-1 Purpose. The purpose of this chapter is to prevent deceptive, misleading, and false advertising practices and forms in Utah.

Title 13 Chapter 11 Definitions. Deceptive act or practice by supplier. Targeted solicitations involving financial information -- Restrictions. Unconscionable act or practice by supplier.

The cooling-off rule: If you buy something at your home, workplace, dorm, or at a short-term business place like a convention or hotel room rented by the seller, you get 3 days after the sale to cancel it. But, not if the entire sale is done over the phone or by mail. And, not if the price is less than $25.00.

§ 53-3-231. Under Utah Code Ann. § 53-3-231, under the ?Not-A-Drop? statute, any person younger than 21 years of age is subject to a no tolerance provision related to drinking and driving. A driver in this age group may not operate a motor vehicle or motorboat with any amount of alcohol in the body.

An instrument to be negotiable must conform to the following requirements: (1) It must be in writing and signed by the maker or drawer; (2) Must contain an unconditional promise or order to pay a sum certain in money; (3) Must be payable on demand, or at a fixed or determinable future time; (4) Must be payable to order ...

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Utah Prior instruments and Obligations