As used in this chapter: (1) "Common interest community" means the same as that term is defined in Section 57-25-102. (2) "Home warranty service contract" means the same as that term is defined in Section 31A-6a-101. (3) "Record" means to submit a document to a county recorder for official placement in a public land record. (4) (a) "Residential property service agreement" means, except as provided in Subsection (4)(b), an agreement to provide services in connection with: (i) the purchase or sale of residential real estate; or (ii) the maintenance of residential real estate in preparation for purchase or sale. (b) "Residential property service agreement" does not include: (i) a home warranty service agreement; (ii) an insurance contract; (iii) an agreement for an option to purchase or right of refusal; (iv) a maintenance or repair agreement between an owner of real property within a common interest community and a homeowners' association or other similar organization; or (v) an agreement to provide Internet or utility equipment or services. (5) "Residential real estate" means real property located in the state that is: (a) used primarily for a personal, family, or household purpose; and (b) contains fewer than five dwelling units.
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