This is a legally binding Real Estate Purchase Contract ("REPC"). Utah law requires real estate licensees to use this form.The Real Estate Purchase Contract is a six-page document we use when we write an offer to buy a home. If you desire legal or tax advice, consult your attorney or tax advisor. ACCEPTANCE. ACCEPTANCE: Seller accepts this offer based on the terms and conditions specified. Name. A Utah real estate contract is a legally binding agreement that is created when a buyer makes an offer on real estate that is for sale. We write your offer on state approved forms, and we prepare these forms for you to sign, based on your instructions and our guidance. Learn the three essential elements of contract formation under Utah law: Offer, Acceptance, and Consideration.