Utah Code
Utah Code § 78B-6-1220 (2026)
Proceeds of sale of encumbered property -- Disposition of
✓ current as of May 2026
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The proceeds of the sale of encumbered property shall be applied under the direction of the court, as follows:
to pay its just proportion of the general costs of the action;
to pay the costs of the reference;
to satisfy and cancel all recorded liens in their order of priority, by payment of the sums due and to become due; the amount due to be verified by affidavit at the time of payment;
the residue among the owners of the property sold according to their respective shares therein.
Notes of Decisions
Cited in 1
case, 2011–2011 · leading case: Withers v. Jepsen, 2011 UT App 8 (Utah Ct. App. 2011).
Withers v. Jepsen, 2011 UT App 8 (Utah Ct. App. 2011). “§ 78B-6-1220. Finally, because Withers and Jepsen were joint tenants in the property, the net proceeds of the sale after retirement of the mortgage were properly divided equally between them.”
— Utah Code § 78B-6-1220(4) — 1 case
Withers v. Jepsen, 2011 UT App 8 (Utah Ct. App. 2011). “§ 78B-6-1220. Finally, because Withers and Jepsen were joint tenants in the property, the net proceeds of the sale after retirement of the mortgage were properly divided equally between them.”
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