What is one required element of a written real estate contract in Utah?

In Utah, one required element of a written real estate contract is signatures from both parties. This is essential because the signatures indicate that both parties have agreed to the terms outlined in the contract and are committed to fulfilling their obligations. A real estate contract typically requires these signatures to be enforceable under the Statute of Frauds, which mandates that contracts for the sale of real estate be in writing and signed by the parties involved.

The other elements mentioned, such as witnesses, agent involvement, or notarization, while they may have their own significance in certain contexts, are not required for a real estate contract to be valid. For example, while notarization can add an additional layer of authenticity and can be required for some types of deeds or powers of attorney, it is not a necessary component for the formation of a valid real estate contract. Similarly, the presence of witnesses is not mandated for the contract to be binding. Furthermore, having an agent involved is common in real estate transactions, but it is not a prerequisite for the validity of the contract itself.