Two Common Mistakes with Mineral Rights
Avoid two mineral rights malpractice traps for listing brokers.
You represent the Buyer and the Seller Refuses to Close
Sometimes granting an extension or other accommodation of the breaching side lets the defaulting party off the hook. Learn what to do (beyond the basics of demonstrating that your buyer is ready, willing and able to close). Note: This is the final video of a 3-part video series. See Part I: Seller Can Reject Full … Continue Reading
You represent the Seller that is refusing to close
Imagine that a week before closing your seller announces the seller will not close. Learn how to handle the situation when your client is the side that seems to be breaching the contract. See Part I: Seller Can Reject Full Price Offers
Seller Can Reject Full Price Offers
Does a seller have an obligation to accept full price, cash offers? If a seller receives a full price, 100% cash offer with proof of buyer funds, is the seller obligated to accept that offer? The answer is probably no, but the seller probably owes the listing broker a commission. Learn about the factors that … Continue Reading
Colorado’s Homestead Exemption and Other Debtor Exemptions Increased
Colorado’s statutory homestead exemption exempts a portion of a homestead from seizure to satisfy a debt, contract, or civil obligation. Section 2 increases the amount of the homestead exemption.
Insurance Company Repair Work Following The Marshall Fire
Colorado statute Section 10-4-120 is designed to prohibit a homeowners insurance company from intimidating, coercing, threatening or inducing a homeowner to use a particular repair business to conduct the repairs at the property following damage to a property that results in a claim to the insurance company.
Brokers Might Get to Rest Before Midnight
The new “Time of Day Deadline” allows parties to establish the end of the day for most (but not all) deadlines in the Colorado Real Estate Commission contract to buy and sell.
Loan Termination Splits in Two
The pre-2022 “Loan Termination Deadline” is splitting into two concepts: the New Loan Terms Deadline & the New Loan Availability Deadline.
New Water Rights and Mineral Rights Examination Deadlines
Learn about the new Water Rights and Mineral Rights Examination Deadlines in the 2022 Colorado Real Estate Commission Approved Contract.
Inspection Objection/Inspection Termination
Once a buyer submits and Inspection Objection, and before the contract dies naturally after the Resolution Deadline passes without a resolution, can the buyer kill the deal before the end of the Inspection Resolution Deadline?