One Time Showing Agreement Form Template In Utah

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

Description

The One Time Showing Agreement form template in Utah is a legally binding document that facilitates a single showing of a property between sellers and potential buyers, often involving a realtor as the agent. Key features of this form include the identification of the property, the parties involved, and the compensation structure for the agent, which can either be a set fee or a percentage of the sales price, payable at closing. Users are advised to seek legal advice if they do not understand the terms of the agreement. The form explicitly outlines the agency relationships, ensuring clarity on whether the agent represents the buyer, the seller, or acts as a transactional agent. Filling the form requires users to include necessary details such as property description and signatures from all parties involved. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it streamlines the showing process while protecting the interests of both the seller and the buyer. Additionally, legal professionals can use this template to ensure compliance with local regulations and to mitigate potential disputes that may arise during property transactions.

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FAQ

time showing agreement is a contract between a real estate seller and an agent who does not represent the seller but has a potential buyer interested in viewing the property. This document grants the agent the right to show the property to the interested buyer for a single occasion.

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.

Both involve the meeting of minds and exchange of promises, but a contract typically entails a more formalized arrangement, often documented in writing, and carries legal enforceability. Conversely, an agreement can be informal and may not always be legally binding.

Deeds: To validly execute a deed, two methods are permitted. The individual may: sign in the presence of a witness to evidence the execution; or. direct another person to sign the deed in the individual's presence and in the presence of two witnesses to evidence execution.

The seller can back out for reasons written into the contract, including (but not limited to) contingencies. The buyer is in breach of the contract. If the buyer is “failing to perform” — a legal term meaning that they're not holding up their side of the contract — the seller can likely get out of the contract.

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One Time Showing Agreement Form Template In Utah