Contracts
A Utah listing agreement is a contract between:
AThe buyer and the seller
BThe seller and the listing agent personally
CThe seller and the brokerage (principal broker)✓ Correct
DThe seller and the Multiple Listing Service
Explanation
A listing agreement is a contract between the property owner (seller) and the brokerage firm, represented by the principal broker. Individual agents serve as sub-agents of the broker—the broker is the actual contracting party.
Related Utah Contracts Questions
- Under the Utah REPC, the Financing Condition protects the buyer if:
- The parol evidence rule in real estate contracts means:
- A buyer's right of rescission (right to cancel) under TILA (Regulation Z) applies to:
- A 'contingency' in a Utah real estate purchase contract becomes 'satisfied' when:
- In Utah, a contract that requires one party to perform an illegal act is:
- When a seller counters a buyer's offer, the original offer is:
- A seller receives two offers simultaneously. The seller wants to let both buyers know there are multiple offers. The seller's agent should:
- An installment land contract (contract for deed) in Utah means:
Practice More Utah Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Utah Quiz →