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Is Buyer’s Termination Over “Loan Availability” Legit?

What happens when a seller and a buyer disagree over whether the buyer’s termination of a contract due to lack of “loan availability” is legit? Watch this video to learn the four-step process to resolve these fights. This webcast links to other relevant webcasts: “Loan Termination” Splits in Two; Buyers Using Contingencies for Purposes other … Continue Reading

I’m interested in buying a property with a ‘mining claim.’ What is it and what are some common problems?

The General Mining Act of 1872, amongst other things, afforded people the right to prepare and mine a particular government-owned property, known as ‘staking a claim.’ Once staked, a survey was prepared to depict the mining claim’s boundaries. A private person who satisfies the required ‘assessment work’ could eventually convert the right to mine into … Continue Reading

Subject-To Transaction: Understanding the Concept + Buyer and Seller Motivations

The rapid rise in interest rates in 2022-2023 have made “subject-to” transactions trendy. Watch this video to get a general understanding of subject-to deals and the reasons why they might be mutually beneficial to a buyer and a seller. This is the first installment of our series of webcasts on subject-to transactions. Later videos explore … Continue Reading

Parties May Contract to Extend the Statute of Limitations for Construction Defects

Contracting parties may extend the statute of limitations for construction defect claims, according to a new opinion from the Colorado Court of Appeals. Construction defect claims in Colorado are subject to the Construction Defect Action Reform Act (CDARA), a series of statutes first enacted in 2001 and modified at various times since then.[1] In 2007, … Continue Reading

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