Utah One Time Listing and Showing Agreement

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

Description

This form grants to a realtor or broker the sole and exclusive right to list and show the property described in the agreement on one occasion. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.


The Utah One Time Listing and Showing Agreement is a legally binding document used in the real estate industry to establish the terms and conditions for a one-time listing and showing of a property in Utah. This agreement is typically entered into between a real estate agent or broker and a property owner who wants to sell or rent their property. It outlines the responsibilities and obligations of both parties involved in the transaction. The Utah One Time Listing and Showing Agreement covers various aspects related to the property sale process. It includes information such as the address and description of the property, the listing price or rental amount, and the duration of the agreement. Additionally, it states the commission or fee that will be paid to the agent upon the successful sale or rental of the property. This agreement also specifies the obligations of the property owner, such as providing accurate information about the property, maintaining the property's condition, and allowing the agent to coordinate showings and inspections. On the other hand, the agent agrees to market the property, promote it to potential buyers or tenants, and present offers to the property owner. Different types of Utah One Time Listing and Showing Agreements may exist depending on the specific requirements or preferences of the parties involved. These variations could include exclusive or non-exclusive agreements, where the property owner agrees to work exclusively with one agent or allows multiple agents to market the property simultaneously. The agreement may also include provisions related to compensation if the property is sold or rented through the efforts of a different agent during the agreed-upon period. Overall, the Utah One Time Listing and Showing Agreement serves as a crucial document in ensuring clear communication and a legally binding arrangement between property owners and real estate agents. It provides a framework for marketing and selling or renting properties efficiently and ethically while protecting the rights and interests of all parties involved.

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FAQ

Suit for specific performance: A seller who breaches contract may be sued and taken to court by the buyer in hopes of obtaining a court order requiring the seller, as a breaching party, to go forward with the agreement and complete the sale.

The answer: It depends. Both the Buyer and the Seller should have an agency agreement with their respective agents. If the brokerages are using the UAR agency agreements, then they both contain a section that deals with commissions.

Yes, it is possible. That is, if the seller can offer compensation to the buyer or if the buyer regrets his purchase. Timing is also of essence things will be much easier before the purchase agreement is signed. If you back out after signing, you may encounter a specific performance provision.

Cancelling an agreement of sale is only possible should there be a basis in law for doing so. An agreement can be cancelled under the following circumstances: The agreement of sale can be cancelled based on a clause contained in the agreement.

A brokerage agreement is a type of contract wherein one party agrees to act as a sales agent of another, who is called the principal.

With two agents or a single agent, which is more common, dual agencies can occur. The seller's agent who also represents the buyer works in a dual agency with a single agent under a dual agency. So dual agency involves one agent in both roles, serving essentially as both the seller's agent and the buyer's agent.

In Utah, a seller can get out of a real estate contract if the buyer's contingencies are not metthese include financial, appraisal, inspection, insurance, or home sale contingencies agreed to in the contract. Sellers might have additional exit opportunities with unique situations also such as an estate sale.

If a seller changes their mind before they are bound under the contract of sale, usually the seller will be able to change their mind and walk away from the deal at that point.

Updated January 09, 2022. A Utah buyer agency agreement is a contract that is used when a home buyer wishes to be represented by a real estate agent in pursuing the purchase of property.

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(24) "Net listing" means a listing agreement under which the real estate(B) two years full-time, licensed, active, real estate experience and one year ... (24) "Net listing" means a listing agreement under which the real estate(B) two years full-time, licensed, active, real estate experience and one year ... An exclusive agency agreement is a contractual agreement where the listing broker acts as the agent, or the legal representative of the seller.(1) Listing Agreement Date. Dispense the calendar date marking when the Property Seller and the Agency representing him or her formally agree to ... An exclusive agency listing agreement gives a broker the right to market and sell a property for a specified time period, while the owner ... Depends on what your listing agreement says, may need to hold off to get the property show ready and photographed! We write your offer on a state approved form, the "Real Estate Purchase Contract", commonly referred to as the "REPC". Along with an offer, we are required ... You shouldn't ask a different broker or agent to show you a home or write abound to the terms of the buyer-broker agreement for that length of time. If you have a contract question, please consult your Broker or a licensed Attorney. RESIDENTIAL SALE NEW HOME CONSTRUCTION VACANT LOT / LAND. Direct control over how your home is sold, including the pricing strategy, showing schedule, and negotiation process. No listing commission, ... The listing agreement is between the seller and the seller's agent, and the buyer cannot alter that. As a buyer you won't have access to what's ...

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Utah One Time Listing and Showing Agreement