This is a legally binding contract. This is a legally binding Real Estate Purchase Contract ("REPC").Utah law requires real estate licensees to use this form. Get a comprehensive understanding of Utah real estate purchase and sale agreements with our indepth overview and free template. A quick rundown of the purchase contract so this is key if you're buying or selling this is the contract that dictates I mean the whole journey. Generate, fill in, and complete now. How do I fill this out? To fill out this form, gather the necessary details about the property and parties involved. A commercial real estate purchase agreement is a legal contract between the buyer and seller of a commercial property.