Utah Residential Purchase and Sale Agreement

Create a high quality document online now!

A Utah residential purchase and sale agreement is a form used by an individual looking to acquire real estate. The individual attempting to purchase property (the “buyer”) will indicate their offer in the agreement and submit it to the property owner or their representative (the “seller”). The offer shall include the buyer’s desired purchase price, any personal items belonging to the owner that the buyer wishes to remain on the premises (e.g., light fixtures, stove, fridge), the closing date, and other conditions they require. The seller may, before the expiration of the offer, either accept the proposal or submit a counter-offer to adjust the terms. If both the seller and buyer agree to the conditions, they can sign the document to create a binding contract.

Table of Contents

Buyer Beware

There are no laws in Utah that explicitly require homeowners to inform buyers of material defects to their property unless the property has been contaminated due to the storage, manufacturing, or use of methamphetamine (§ 57-27-201). Consequently, buyers should be cautious of any seller who does not provide them with a condition report during the buying process. However, when a licensed real estate agent sells a home, the agent will need to advise the buyer of any known material defects.

Realtor Version

Utah Division of Real Estate Adobe PDF

Required Disclosures

Lead-Based Paint Disclosure – Informs buyers of whether or not a property is known to contain lead paint. Use of this disclosure is only necessary if the residence was built before 1978.

Seller’s Property Condition Disclosure (R162-2f-401a) – Licensed agents must use this disclosure to inform buyers of any known material defects.

Buyer Due Diligence Checklist – Specifies the ways in which a buyer should inspect the property before purchasing. If a licensed agent sells a home, the agent may require the buyer to complete this checklist as a condition of the sale.

Commercial Property

Commercial Purchase AgreementThis document can be used to purchase or sell commercial property.

Download: Adobe PDF, MS Word, OpenDocument