Utah Real Estate Documents

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Commonly Asked Questions about Utah Real Estate Documents

Is Utah a non disclosure state for real estate?

Utah is one of 12 states that dont require brokers to share purchase prices with anyone, a status known as non-disclosure. That status leaves buyers and sellers at the mercy of brokers for information about commercial real estate values in the Beehive State.

Do you need a real estate license in Utah?

If youre considering starting a real estate career in Utah, it doesnt matter if youre in Salt Lake City, West Valley City, West Jordan, Provo, St. George, or any other city in the state. Youll need to earn a Utah real estate license.

Who can download and use the Utah Association of Realtors forms?

Utah law requires real estate licensees to use this form. Buyer and Seller, however, may agree to alter or delete its provisions or to use a different form.

Which of the following persons must have a Utah real estate license in order to transact business?

A Sales Agent or Broker license is required for any individual who, for another and for valuable consideration, engages in property management including advertising real estate for lease or rent, procuring prospective tenants or lessees, negotiating lease or rental terms, executing lease or rental agreements.

When must the licensee give a copy of the listing agreement to the owner of the property?

When the listing is signed by an authorized licensee member of the brokers staff or by the broker himself, it becomes a (bilateral) contract, with a 5-day management approval contingency. Broker (or brokers agent) must give the seller a copy of the agreement at the time of signing.

How hard is the Utah real estate test?

Is the Utah real estate exam hard? While the majority of students pass their real estate exam, a passing score isnt guaranteed. In Utah, approximately 23% of students have to retake the test in order to pass. The best way to alleviate your nerves and pass the test is to work hard and prepare as much as possible.