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United States — Utah Act or statute

United States — Utah legislation

Utah Code § 11-1-205, 2026

This section lists exceptions where the requirements of this part do not apply.

Source excerpt

equivalent valuefair market valuereal property exchangereal property valuation
Jurisdiction
United States — Utah
Status
In force
Official identity
Year 2026
Dates
Enacted 2026
More statute details
Dates
Enacted 2026
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“This section lists exceptions where the requirements of this part do not apply.”

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Exceptions.

This section lists exceptions where the requirements of this part do not apply.

Section 11-1-205

Subsection 11-1-205(1)(b)

a local governmental entity offering public property back to the party the local governmental entity received the public property from, if required to do so by another provision of law;

Section 11-1-205(1)(b)

Subsection 11-1-205(1)(e)

the abandonment or vacation of a public street in accordance with the requirements of Section 10-20-208 , 17-79-208 , or 72-5-105 .

Section 11-1-205(1)(e)

Subsection 11-1-205(2)(a)

A political subdivision exchanging real property for another parcel does not have to comply with this part if the exchange meets the listed value-finding conditions.

Section 11-1-205(2)(a)

Subsection 11-1-205(2)(b)

If one parcel’s estimated fair market value is within 10% above or below another parcel’s estimated fair market value, the parcels are presumed to be of reasonably equivalent value.

Section 11-1-205(2)(b)

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In force source record

Source record from le.utah.gov · Enacted 2026

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Showing 12 of 12 provisions

Provision 12

Part 11-1-2

part 11-1-2 Disposal Of Public Property

§ 11-1-205Exceptions.Provision

Source excerpt

This section lists exceptions where the requirements of this part do not apply.

Exceptions. The requirements of this part do not apply to: a school district selling surplus property to an eligible entity, or to a county or municipality reselling surplus property to a school district, in accordance with Title 53G, Chapter 4, Part 9, Surplus School District Land; a local governmental entity offering public property back to the party the local governmental entity received the public property from, if required to do so by another provision of law; a local governmental entity conveying public property to another governmental entity; the sale of a cemetery plot; or the abandonment or vacation of a public street in accordance with the requirements of Section 10-20-208 , 17-79-208 , or 72-5-105 . A political subdivision that exchanges real property for another parcel of real property is not required to comply with the provisions of this part if: both parties to the exchange are political subdivisions, both political subdivisions make a finding that the exchanged parcels are of reasonably equivalent value; or only one party to the exchange is a political subdivision, the political subdivision makes a finding that the political subdivision's public property has roughly the same fair market value as the real property the political subdivision will receive in the exchange. For purposes of Subsection (2)(a) , if one parcel of real property has an estimated fair market value that is within 10% above or below the estimated fair market value of another parcel of real property, the parcels are presumptively of reasonably equivalent value.
Section 11-1-205Verify source
§ 11-1-205(1)Subsection 11-1-205(1)Provision

Source excerpt

This part does not apply to several listed surplus-property and street/cemetery-plot transactions.

The requirements of this part do not apply to: a school district selling surplus property to an eligible entity, or to a county or municipality reselling surplus property to a school district, in accordance with Title 53G, Chapter 4, Part 9, Surplus School District Land; a local governmental entity offering public property back to the party the local governmental entity received the public property from, if required to do so by another provision of law; a local governmental entity conveying public property to another governmental entity; the sale of a cemetery plot; or the abandonment or vacation of a public street in accordance with the requirements of Section 10-20-208 , 17-79-208 , or 72-5-105 .
Section 11-1-205(1)Verify source
§ 11-1-205(1)(a)Subsection 11-1-205(1)(a)Provision

Source excerpt

This provision refers to a school district selling surplus property to an eligible entity, or a county or municipality reselling surplus property to a school district, under the cited title and chapter.

a school district selling surplus property to an eligible entity, or to a county or municipality reselling surplus property to a school district, in accordance with Title 53G, Chapter 4, Part 9, Surplus School District Land;
Section 11-1-205(1)(a)Verify source
§ 11-1-205(1)(b)Subsection 11-1-205(1)(b)Provision

Source excerpt

a local governmental entity offering public property back to the party the local governmental entity received the public property from, if required to do so by another provision of law;

a local governmental entity offering public property back to the party the local governmental entity received the public property from, if required to do so by another provision of law;
Section 11-1-205(1)(b)Verify source
§ 11-1-205(1)(c)Subsection 11-1-205(1)(c)Provision

Source excerpt

A local governmental entity conveying public property to another governmental entity.

a local governmental entity conveying public property to another governmental entity;
Section 11-1-205(1)(c)Verify source
§ 11-1-205(1)(d)Subsection 11-1-205(1)(d)Provision

Source excerpt

the sale of a cemetery plot; or

the sale of a cemetery plot; or
Section 11-1-205(1)(d)Verify source
§ 11-1-205(1)(e)Subsection 11-1-205(1)(e)Provision

Source excerpt

the abandonment or vacation of a public street in accordance with the requirements of Section 10-20-208 , 17-79-208 , or 72-5-105 .

the abandonment or vacation of a public street in accordance with the requirements of Section 10-20-208 , 17-79-208 , or 72-5-105 .
Section 11-1-205(1)(e)Verify source
§ 11-1-205(2)Subsection 11-1-205(2)Provision

Source excerpt

A political subdivision exchanging real property for another parcel is exempt from this part if the value conditions are met.

A political subdivision that exchanges real property for another parcel of real property is not required to comply with the provisions of this part if: both parties to the exchange are political subdivisions, both political subdivisions make a finding that the exchanged parcels are of reasonably equivalent value; or only one party to the exchange is a political subdivision, the political subdivision makes a finding that the political subdivision's public property has roughly the same fair market value as the real property the political subdivision will receive in the exchange. For purposes of Subsection (2)(a) , if one parcel of real property has an estimated fair market value that is within 10% above or below the estimated fair market value of another parcel of real property, the parcels are presumptively of reasonably equivalent value.
Section 11-1-205(2)Verify source
§ 11-1-205(2)(a)Subsection 11-1-205(2)(a)Provision

Source excerpt

A political subdivision exchanging real property for another parcel does not have to comply with this part if the exchange meets the listed value-finding conditions.

A political subdivision that exchanges real property for another parcel of real property is not required to comply with the provisions of this part if: both parties to the exchange are political subdivisions, both political subdivisions make a finding that the exchanged parcels are of reasonably equivalent value; or only one party to the exchange is a political subdivision, the political subdivision makes a finding that the political subdivision's public property has roughly the same fair market value as the real property the political subdivision will receive in the exchange.
Section 11-1-205(2)(a)Verify source
§ 11-1-205(2)(a)(i)Subsection 11-1-205(2)(a)(i)Provision

Source excerpt

both parties to the exchange are political subdivisions, both political subdivisions make a finding that the exchanged parcels are of reasonably equivalent value; or

both parties to the exchange are political subdivisions, both political subdivisions make a finding that the exchanged parcels are of reasonably equivalent value; or
Section 11-1-205(2)(a)(i)Verify source
§ 11-1-205(2)(a)(ii)Subsection 11-1-205(2)(a)(ii)Provision

Source excerpt

only one party to the exchange is a political subdivision, the political subdivision makes a finding that the political subdivision's public property has roughly the same fair market value as the real property the political subdivision

only one party to the exchange is a political subdivision, the political subdivision makes a finding that the political subdivision's public property has roughly the same fair market value as the real property the political subdivision will receive in the exchange.
Section 11-1-205(2)(a)(ii)Verify source
§ 11-1-205(2)(b)Subsection 11-1-205(2)(b)Provision

Source excerpt

If one parcel’s estimated fair market value is within 10% above or below another parcel’s estimated fair market value, the parcels are presumed to be of reasonably equivalent value.

For purposes of Subsection (2)(a) , if one parcel of real property has an estimated fair market value that is within 10% above or below the estimated fair market value of another parcel of real property, the parcels are presumptively of reasonably equivalent value.
Section 11-1-205(2)(b)Verify source

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