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Il Warranty Deed Form

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[Music] recently I had a client that was reviewing their paperwork for a sale and they called me with a concern that we had the sales price wrong on the deed saying it says we're only selling it for $10 my reply of course was no you're not only selling it for $10 let me explain now as more people have been moving in from out of state I am starting to see this question on a more regular basis on the warranty deeds that we use there is a reference to the exchange of 10 dollar and other good and valuable consideration for the title of the property be to be transferred from the seller to the buyer this consideration refers to the value that is being exchanged between the parties for the transaction or in other words the sales price in Utah the sales price is not part of public record so the sales price is not disclosed on the deed and this language is inserted in its place so as to again not

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