UNREPRESENTED BUYER DISCLOSURE
This disclosure form is not a contract. Signing it does not create any relationship between you and the real estate agent who has also signed
NAME OF BUYER:(the "Buyer")
NAME OF SELLER:Estate of Steven W. Strong, by Layton R. Strong, Personal Representative(the "Seller")
LOCATION OF PROPERTY:1205 E Hillcrest Dr, Springville(the "Property")
AGENT REPRESENTING SELLER:Matt Sumsion(the "Seller’s Agent")
BROKERAGE REPRESENTING SELLER:KW Westfield (Excellence)(the "Company")
WHEN YOU ENTER INTO A DISCUSSION WITH A REAL ESTATE AGENT REGARDING A POTENTIAL REAL ESTATE TRANSACTION, YOU SHOULD, FROM THE OUTSET, UNDERSTAND WHO THE REAL ESTATE AGENT IS REPRESENTING IN THAT TRANSACTION. WHAT FOLLOWS IS A BRIEF BUT VERY IMPORTANT EXPLANATION REGARDING AGENCY RELATIONSHIPS AND THE REAL ESTATE AGENTS INVOLVED IN THIS TRANSACTION.
CONFIRMATION OF AGENCY IN THIS TRANSACTION
The Property shown above is presently listed for sale through the Company. Consequently, the Seller’s Agent and the Company are representing the Seller. By signing this unrepresented buyer disclosure, the Buyer acknowledges and agrees that the Seller’s Agent and the Company will only represent the Seller in this transaction. The Buyer acknowledges that the Seller’s Agent and the Company have advised the Buyer that the Buyer is entitled to be represented by a buyer’s agent who will represent only the Buyer. The Buyer has however, elected not to be represented by a real estate agent in this transaction at this time.
The Buyer acknowledges and agrees that all actions of the Seller’s Agent/Company are intended for the benefit of the Seller exclusively. Additionally, under Utah Code Section 61-2f-308(5), Buyer understands that the following conduct by the Seller’s Agent/Company does not create an agency relationship with the Buyer:
- contacting the Buyer directly to discuss items related to the real estate transaction;
- providing the Buyer with any blank forms; and
- negotiating terms of the real estate transaction between the Buyer and the Seller.
SELLER’S AGENT
A real estate agent who lists a seller’s property for sale acts as the agent for a seller only, and has fiduciary duties of loyalty, full disclosure, confidentiality and reasonable care to that seller. In practical terms, the Seller hires the Seller’s Agent to locate a buyer and negotiate a transaction with terms favorable to the seller. Although the Seller’s Agent has these fiduciary duties to the Seller, the Seller’s Agent is, by law, responsible to all prospective buyers to treat them with honesty, fair dealing, and with good faith.
BUYER’S AGENT
A real estate agent that acts as an agent for a buyer only (“Buyer’s Agent”) has fiduciary duties of loyalty, full disclosure, confidentiality and reasonable care to that buyer. In practical terms, a buyer hires a Buyer’s Agent to locate a suitable property and negotiate a transaction with terms favorable to a buyer. Although the Buyer’s Agent has these fiduciary duties to a buyer, the Buyer’s Agent is, by law, responsible to all prospective sellers to treat them with honesty, fair dealing, and with good faith.
LIMITED AGENT
A real estate agent can, with the prior written consent of a buyer and seller, represent both the buyer and seller in the same transaction (“Limited Agent”). A Limited Agent has fiduciary duties to both a buyer and a seller, but the Limited Agent is also “limited” by a separate duty of neutrality in the negotiations between a buyer and seller.
ACKNOWLEDGEMENT & WAIVER
By signing this Unrepresented Buyer Disclosure, the Buyer understands and agrees with the agency relationships confirmed herein. The Buyer voluntarily waives any cause of action against the Seller’s Agent and the Company that claims that the Seller’s Agent and the Company are representing the Buyer or the Buyer’s interests. Furthermore, the Buyer holds the Seller’s Agent and the Company harmless from all liability arising out of any claim of an agency relationship between the Buyer and Seller’s Agent/Company.
Buyer
Date
Buyer
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The Company by: (Authorized Agent or Broker)
Date
This form is COPYRIGHTED by the UTAH ASSOCIATION OF REALTORS® for use solely by its members. Any unauthorized use, modification, copying or distribution without written consent is prohibited. NO REPRESENTATION IS MADE AS TO THE LEGAL VALIDITY OR ADEQUACY OF ANY PROVISION OF THIS FORM IN ANY SPECIFIC TRANSACTION. IF YOU DESIRE SPECIFIC LEGAL OR TAX ADVICE, CONSULT AN APPROPRIATE PROFESSIONAL.
COPYRIGHT© UTAH ASSOCIATION OF REALTORS - 1994 - REVISED 5.1.2025 - ALL RIGHTS RESERVED UAR FORM 9
You'll see the home on your own, so these terms are part of what you sign.
We record the time, your IP address and browser with your signature, and keep a signed copy for you and the sellers. Next, you add a photo of your ID so we know who is visiting the home.
