Where on the standard Utah Real Estate Purchase Contract can you find the amount of the buyer's down payment?

The amount of the buyer's down payment is specified in the purchase price section of the standard Utah Real Estate Purchase Contract. This section typically outlines the total price of the property being purchased, and within this context, the down payment amount is noted as a percentage or a specific dollar amount of that total. The buyer's down payment is critical as it represents the initial investment made towards the purchase, reflecting the buyer's financial commitment and helping to determine the mortgage amount needed.

In contrast, the closing cost section typically addresses costs incurred at the time of closing the sale, not the down payment specifically. The escrow section refers to the arrangement for holding funds or documents until all conditions are met in the transaction. The default section outlines the implications and remedies should either party fail to uphold their obligations under the contract, rather than detailing financial components like the down payment. Therefore, the purchase price section is clearly the most appropriate location within the standard Utah Real Estate Purchase Contract for finding the buyer's down payment amount.