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West Jordan Utah Form 8752: What You Should Know
The house has been fully renovated. The property features: 2-car garage, covered patio, fully renovated kitchen and bath, and a 3-car garage. The home features central heat and cooling with on or off gas heat and hot water. The owner's association pays for electricity and water charges for only the owners in the area. The house is located next door to a community center and has 3 private parking spaces. Owners: John and Julie Stairs 8751.1 (a)(1) (1) The homeowner and the owner's agent, if any, shall give to the buyer or to the seller an opportunity to buy the property at any reasonable price under a bona fide offer, by delivering in person at the principal place of business of the seller or by sending by prepaid telephone or other means of communication the written notice of offer to a buyer or seller in accordance with these rules. The homeowner and owner's agent, if any, shall not take the property in a controlled sale without meeting the requirements of this subsection. (2) For purposes of this subsection, “bargain sale” means a sale, for cash or other consideration, in which the item for which the owner offers for sale is for less than what the owner considers to be the fair price. (b) The buyer or the seller is entitled to all items of property for which the buyer or seller paid, is paying or is entitled to receive under the contract of sale. A bona fide offer may require the buyer or the seller to accept a price or offer less than that specified or require the buyer or seller to present a list of acceptable offers. If a contract of sale requires the buyer or the seller to accept a price or offer less than that specified, the buyer or the seller is obligated by contract to receive the lowest priced items that the seller can purchase at what is specified in the contract of sale. A bona fide offer is not valid if it is based either (i) on an unreasonable consideration, which consists of any amount of money, in respect of which either the contract of sale is not expressly void or the contract of sale is void for any other reason, or (ii) other than a bona fide offer for the sale of the items specifically described or stated in the contract of sale. (c) A contract of sale shall be recorded if it meets all the requirements of this section.
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