Listing Agreement Form For Rental Property In Utah

State:
Multi-State
Control #:
US-00056DR
Format:
Word; 
Rich Text
Instant download

Description

The Listing Agreement Form for Rental Property in Utah is a legally binding document that authorizes a realtor to show a rental property to potential buyers. This form includes essential sections such as the property address, legal description, seller and buyer information, and details about the compensation structure for the agent. Users must clearly specify the agreed professional fee, which can be a flat amount or a percentage of the sales price, to be paid upon closing. It is crucial for users to acknowledge the agency relationship defined within the agreement, distinguishing whether the agent represents the buyer, seller, or acts as a transactional agent. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants engaged in real estate transactions in Utah, as it provides a structured way to formalize rental agreements. The clear format allows for easy completion, ensuring that all parties understand their rights and obligations. Additionally, users are guided to seek legal advice if they do not fully understand the terms outlined in the document.

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FAQ

A listing agreement is a contract between a property owner and a real estate broker that authorizes the broker to represent the seller and find a buyer for the property. The three types of real estate listing agreements are open listing, exclusive agency listing, and exclusive right-to-sell listing.

Though notarization is not required, it may still be a good idea to have a notary present in order to verify the identities of all signers.

Write the contract in six steps Start with a contract template. Open with the basic information. Describe in detail what you have agreed to. Include a description of how the contract will be ended. Write into the contract which laws apply and how disputes will be resolved. Include space for signatures.

The listing agreement is a document that protects your real estate agent. It ensures they will receive their commission if they find a buyer for your property and gives them exclusive rights to sell your home.

A listing agreement authorizes the broker to represent the seller and their property to third parties. The listing agreement is an employment contract rather than a real estate contract: The broker is hired to represent the seller, but no property is transferred between the two.

One-party listing means a written listing contract containing all of the elements of an exclusive right to sell listing, except that listing broker firm is entitled to a commission only if the property is sold by the owner, by the broker firm, or by anyone else to a specific party or parties identified in the written ...

What to include in an apartment lease agreement. Tenant information. Include each tenant's full name and contact information. Rental property description. List the apartment's location, all common areas, parking spaces, and included facilities. Security deposit. Monthly rent amount. Utilities. Lease term. Policies. Late fees.

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Listing Agreement Form For Rental Property In Utah