UAR Forms Update – November 2024
The UAR Forms Committee has made several updates to the UAR forms.
Please leave a message for the Legal Hotline at (801) 676-5211 if you have any questions about the changes.
Updated Form: Real Estate Purchase Contract for Land – Updated formatting and language to more closely match the residential REPC.
Updated Form: Limited Agency Consent Agreement – Updated to include language that compensation is negotiable and not set by law.
Updated Form: Real Estate Brokerage Compensation Agreement – Updated to add flexibility with net and gross payments.
New Form: Blank Addendum to the Real Estate Brokerage Compensation Agreement – NEW FORM to allow the Real Estate Brokerage Compensation Agreement to be modified between the two brokerages.
Updated Form: Exclusive Right to Sell Listing Agreement and Agency Disclosure – Updated Section 2 to facilitate additional options and to give additional disclosures to consumers.