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Utah Lessee Bond Guide

If you’re leasing state trust land in Utah, you’ll need this surety bond. 

Bond Overview

  • Purpose: To ensure lessees comply with state leasing requirements
  • Who Needs It: Anyone leasing state trust land in Utah
  • Regulating Body: The Utah School and Institutional Trust Lands Administration
  • Required Coverage: $1,000–$100,000
  • Premium Rate: Credit-based, typically 1–10%

Learn all about the bond requirements and process in this guide.

What Is a Utah Lessee Bond?

A Utah lessee bond ensures that businesses leasing state trust land comply with all lease terms. This includes paying rent and royalties, as well as restoring or reclaiming the land when required. 

The Utah School and Institutional Trust Lands Administration (SITLA) determines your bond amount based on the lease type and potential land damage.

How Much Do Lessee Bonds Cost?

Utah lessee bonds cost a small percentage of the coverage amount, typically 1–10%.


Exact rates vary based on personal credit score. Apply for your free quote now!

Bond Type
$1,000-$100,000Lessee Bond

SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees. 

Who Needs a Lessee Bond? 

The Utah SITLA requires this bond for most state trust land leases, especially those with significant financial obligations or land disturbance. 

Alternatively, you can file a certificate of deposit, letter of credit or cash deposit. However, a surety bond is typically the most affordable option, requiring only a small upfront premium and no collateral. 

How Do I Get My Bond?

SuretyBonds.com provides the fastest and easiest way to get a Utah lessee bond. Just follow these quick steps: 

  1. Apply: Submit an online quote request form
  2. Quote: Receive your quote within one day
  3. Sign: Complete the indemnity agreement 
  4. Buy: Purchase the bond online 24/7

We’ll mail you the bond via your preferred shipping method. Be sure to file it with the Administration as instructed. 

If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance. 

How Does a Utah Lessee Bond Work? 

A lessee bond creates a legal contract between these three parties: 

  1. Principal: You, the lessee filing the bond
  2. Obligee: The Utah School and Institutional Trust Lands Administration requiring the bond
  3. Surety: The provider issuing the bond

This holds you financially responsible for upholding the provisions of Utah Administrative Code R850-5. 

If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you must ultimately refund the surety. 

How Do I Renew My Bond?

These bonds expire annually. Your bond must remain active throughout the duration of your lease. 

Once you meet all lease obligations or a new lessee has filed a replacement bond, the Utah SITLA will release you from the bond requirement.

We’ll begin contacting you by phone and email 90 days before the expiration date. 

More Resources

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