Utah Real Estate Listing Agreement

The Utah Listing Agreement is a legal document that defines the conditions under which a real estate agent is allowed to sell real estate on behalf of a real estate owner. The most common type of reference contract is the exclusive agreement that gives the broker a fixed period for the sale of the property as well as the exclusive power of sale for this period. If the seller concludes an open contract, the property can be sold by any real estate agent who will then be entitled to a commission. The contract must contain the list price of the property, the remuneration of the broker at the time of sale, the obligations of the broker and the seller, a description of the property and any additional property included in the sale. Dual Agency/Limited Agency (art. 162-2f-401a (3-4)) – Legal in Utah with the written consent of the buyer and the customer. However, the agent cannot do the following: Look for a licensee – Find a broker by submitting either their license number or their name and profession. Declaration of Ownership (§ 57-23-6) – Licensed agents must use this disclosure to inform buyers of known material defects. . . .