In a Utah commercial real estate transaction, are the same agency disclosure requirements applicable as in residential transactions?
Correct Answer
B) Yes, Utah's agency disclosure requirements apply to both residential and commercial transactions
Utah's agency disclosure requirements under Utah Code §61-2f-401 apply to all real estate transactions, including commercial properties. Licensees must disclose their agency relationship to all parties before a binding agreement is signed, regardless of the property type or transaction value.
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