(1) A purported grantor who records a fraudulent deed or causes a fraudulent deed to be recorded in the office of a county recorder is liable to a record interest holder as described in Subsection (2).
(2) If a court determines that a deed is a fraudulent deed under Section 57-31-202, the purported grantor is liable to the record interest holder for:
(a) the greater of:
(i) $10,000; or
(ii) treble actual damages; and
(b) reasonable attorney fees and costs.