REPC Addenda – COVID-19
March 19, 2020
Author: Kreg Wagner (UAR)
The UAR has created a COVID-19 Addendum to the REPC to extend contract deadlines if there are unanticipated transaction delays due to the spread of the disease.
The COVID-19 Addendum is NOT a mandatory form. We hope it will assist you in discussing with your clients the potential delays associated with the COVID-19 outbreak. Please consult with your broker about how to best represent your clients and discuss additional options you may have in facilitating a successful real estate transaction.
While it may take some time for forms vendors to add the form to their libraries, it is immediately available for download on the UAR website (http://utahrealtors.com/index.php/download_file/view/3542/105/).
We will be posting videos and other information in the coming days about how to use this form and how to deal with any transaction legal issues related to COVID-19.