File a Notice of Intent to Finance
Who should file a Preliminary Notice?
Done by: A Bank or Title Company
For: Private Projects
When: The "Intent to Finance" must be filed at least 14 days before the anticipated financing date. If a Notice of Construction Loan is not filed within 30 days after the anticipated financing date, the notice of intent to finance shall automatically have no effect and will be removed from the registry.
Summary
When a Notice of Intent to Finance has been filed, an email alert will be sent to everyone who has filed a Preliminary Notice or any other notice against the same parcel number, informing them that a date for financing has been determined. It will also encourage the subcontractors and suppliers to file a Final Lien Waiver on their preliminary notice (if applicable). Read full law here: Utah Code 38-1a-603.