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Seller disclosure form utah

Utah seller real estate 2025

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The document is a Seller Financing Addendum to a Real Estate Purchase Contract, outlining the terms under which the seller will provide financing to the buyer for purchasing a property. It includes details on credit documents, payment terms, responsibilities for taxes and assessments, late payment penalties, due-on-sale clauses, buyer disclosures, seller approval processes, title insurance requirements, and identification number disclosures. The addendum serves to modify or clarify specific provisions of the main purchase contract.

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Click ‘Get Form’ to open the Utah Seller Financing Addendum in the editor.
Begin by filling in the Buyer and Seller names along with the Offer Reference Date. Ensure all details are accurate as they form the basis of your agreement.
In Section 1, select the appropriate credit documents that will evidence the Seller's extension of credit to the Buyer. You can choose from Note and Deed of Trust, Note and All-Inclusive Deed of Trust, or specify another option.
Proceed to Section 2 to outline the credit terms. Enter the principal amount, interest rate, payment frequency, and any additional terms such as balloon payments.
In Section 3, clarify who is responsible for property taxes and other assessments. Choose whether these will be paid directly to Seller/Escrow Agent or other entities.
Complete Sections 4 through 10 by providing necessary details about payment responsibilities, late fees, due-on-sale clauses, buyer disclosures, title insurance requirements, and tax identification numbers.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Who pays closing costs in Utah?

Do estate agents charge buyers a fee? No, only sellers are charged by estate agents. But there are other costs with buying a home that you might want to think about. Check out our guide to what you can expect to pay on top of the asking price.

Is Utah a disclosure state?

Is it a buyers or sellers market in Utah? It is considered a sellers market right now. Housing inventory is up since last year, which means supply is less constrained. Mortgage rates are 6.2%, making the average house payment $3,504, which is $300 higher than a year before.

Can I sell my house without a realtor in Utah?

You can sell your Utah house without a Realtor through the For Sale By Owner process. You must use the best FSBO website that lists your home on the MLS. You will get exposure along with control of the sale. You also get to save on agent commissions.

Does the seller pay realtor fees in Utah?

Home sellers may pay an average of 5.61% in real estate commission when selling a home in Utah. This includes a 2.79% listing agent commission and a 2.82% buyers agent commission.

Does the seller pay estate agent fees?

You can still ask sellers to cover your agent fees. In fact, as home sales have slowed due to higher interest rates, many sellers continue to offer to pay the buyers Realtor fees or make other concessions to sweeten a deal.