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.
Utah One Time Listing and Showing Agreement
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State:
Multi-State
Control #:
US-00056DR
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Word;
Rich Text
Instant download
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How to fill out One Time Listing And Showing Agreement?
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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.
