Home Sales Amendments

HB 151 requires homebuyers in Utah counties of the first class to sign an affidavit stating they intend to live in a single-family home as their primary residence for at least one year within 30 days of the home being listed for sale. Buyers must record this affidavit with the county recorder within seven days of signing, unless the seller has an exigent circumstance (like urgent financial need) or the home is occupied by a renter. The law exempts affordable housing nonprofits, family trusts, family limited liability companies, and those using Section 1031 exchanges. It applies only to single-family homes (detached units on their own land) and takes effect May 7, 2025.