Urban Legend is one of those horrors that are really quite stupid. For three quarters, it works well as a mystery horror. One is speculating at "who can it be" and expecting the worst for likable characters. But it ends in laughs as characters appear from nowhere for no reason or a character apparently dies, raises for one more attempt at murder and "dies"again.
Its that kind of cliched rubbish that relegates Urban Legend to the bottom of the barrel. One may wonder why the director attempted such paradoxical, last gasp twists when the plot had run its course and resolutions met. It probably indicates a weak plot needing filling.
Cheap buy only.
IMDB info on Urban legend
Trailer via Youtube