Finance
Utah's anti-deficiency statute (if applicable) may limit a lender's ability to pursue a deficiency judgment after a non-judicial foreclosure on:
AAll real property
BPurchase money mortgages on owner-occupied residential property in some circumstances✓ Correct
COnly commercial property
DFHA-insured loans only
Explanation
Utah has limited anti-deficiency protections, including restrictions on deficiency judgments after trustee's sales in certain circumstances involving purchase money mortgages on residential property. Borrowers should consult an attorney for specific situations.
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