Utah Real Estate Listing Agreement
The Utah Listing Agreement is a legal document that defines the conditions under which a real estate agent is authorized to sell a property in the name of a real estate owner. The most common type of listing agreement is the exclusive agreement, which gives the broker a fixed deadline for the sale of the property as well as the exclusive sale order for that duration. If the seller enters into an open agreement, the property can be sold by a real estate agent who is entitled to a commission. The contract must indicate the list price of the property, the broker`s compensation at the time of sale, the bonds of the broker and seller, a description of the property and any other items included in the sale. Find a licensee, find a broker by submitting your license number or your name and profession. Disclosure statement on disclosure of real estate (No. 57-23-6) – Licensed agents must use this disclosure to inform purchasers of known material defects. Dual Agency/Limited Agency (S. 162-2f-401a (3-4)) – Legal in Utah with written consent of buyer and customer. However, the agent cannot perform the following.