Property Management
A month-to-month tenancy in Utah can be terminated by either party with:
ANo notice required
B15 days' written notice
C30 days' written notice✓ Correct
D60 days' written notice
Explanation
In Utah, a month-to-month tenancy may be terminated by either the landlord or tenant with at least 15 days' written notice before the end of the rental period. However, many property managers use 30 days as a standard practice.
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Key Terms to Know
Earnest Money
A deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Option ContractA contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
State-Specific Concepts
Continuing Education
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