Co-Author: Brittaney McGinnins How Do You Get Married in Colorado? There are two ways in Colorado to be married: common law marriage and by obtaining a marriage license certificate. Same sex couples or heterosexual couples can be married by license or they can be common law married. Common law marriage is an often misunderstood concept. … Continue Reading
The sale of an interest in real property within the United States by a “foreign person” is subject to tax liability under Foreign Investment in Real Property Tax Act of 1980 (FIRPTA). FIRPTA authorized the United States to tax foreign persons on dispositions of U.S. real property interests. Generally, any buyer of real property from … Continue Reading
Foreclosure Consumer: Fair Debt Collection Practices Act Disclosure
Options for Buyer on Inspection Issues in the 2019 Colorado Real Estate Contract. Under the pre-2019 contract, the buyer had three basic options if the Buyer discovered property condition problems: (1) Do nothing and accept the condition of the property subject to the flaws; (2) Submit an objection and attempt to negotiate a change; … Continue Reading
The Correct meaning of “At-Will Employment” and “Wrongful Discharge” In Colorado, the “at will” employment doctrine means that – as a general rule – an employer may terminate a worker’s employment for any reason or no reason at all without facing any liability to the employee. While this may seem harsh, the at will employment … Continue Reading
HOA liens are not spurious, even if annexation is disputed The Colorado Court of Appeals has ruled that a homeowner association lien is not spurious, despite a property owner’s claim that its land was never annexed properly. The case involved a long-running dispute between parties in the Stroh Ranch community in Parker, Colorado. In 1999, … Continue Reading
Appraisal Issues Carved Out of Loan Termination Contingency – 2019 Colorado Real Estate Contract The Division of Real Estate has added language attempting to clarify that if its Contract to Buy and Sell Real Estate never had an Appraisal Objection Deadline, or if the contract lives past an Appraisal Objection Deadline, then the buyer cannot … Continue Reading
How to Address the Personal Property Form in the 2019 Real Estate Contract.
Rights of First Refusal & Rights of First Offer Webcast Rights of first refusal place a heavy burden on property owners. Learn about an alternative that can accomplish many of the same goals without unduly harming owners.
Buyer Replacement Clauses Webcast A seller receives an offer from a buyer with a contingency that makes the seller nervous. Seller is reluctantly willing to accept the offer, but wants the ability to kick buyer #1 out of the deal if seller receives an offer from another buyer who looks more solid than buyer #1, … Continue Reading