This is a legally binding Real Estate Purchase Contract ("REPC"). Utah law requires real estate licensees to use this form.A Utah residential purchase agreement is a contract used when a buyer makes an offer to purchase real estate from a willing seller. 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. A For Sale By Owner contract Utah must include: 1. The Purchase Price, 2. Generate, fill in, and complete now. Get a comprehensive understanding of Utah real estate purchase and sale agreements with our indepth overview and free template. A Utah purchase agreement substantiates the exchange of a particular piece of real property for a determined sales price.