Agency
Utah's agency disclosure law requires that the disclosure form be provided by:
AOnly buyer's agents
BAny licensee who provides real estate services to a buyer or seller✓ Correct
COnly listing agents when taking a new listing
DThe principal broker only
Explanation
Any Utah licensee who provides real estate services to a buyer or seller—whether representing a buyer, seller, or acting as a limited agent—must provide the agency disclosure form before any substantive discussion of real estate.
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Key Terms to Know
Agency
A legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
Buyer's AgentA real estate licensee who represents the buyer's interests in a transaction, owing fiduciary duties to the buyer.
Seller's Agent (Listing Agent)A real estate licensee who represents the seller's interests, markets the property, and owes fiduciary duties to the seller.
Dual AgencyA situation where a single real estate agent or brokerage represents both the buyer and the seller in the same transaction.
State-Specific Concepts
Disclosure Requirements
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