For purposes of this part: (1) "Civil judgment" means a judgment in a civil action that: (a) is awarded in an action brought against a real estate licensee on the basis of fraud, misrepresentation, or deceit in a real estate transaction; and (b) awards actual damages. (2) "Criminal restitution judgment" means a judgment that, in accordance with the Utah Code of Criminal Procedure, orders criminal restitution to a person and against a real estate licensee for a criminal offense involving fraud, misrepresentation, or deceit in a real estate transaction. (3) "Final judgment" means one of the following judgments upon termination of the proceedings related to the judgment, including appeals: (a) a civil judgment; or (b) a criminal restitution judgment. (4) "Fund" means the Real Estate Education, Research, and Recovery Fund created in Section 61-2f-503. Renumbered and Amended by Chapter 379, 2010 General Session
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