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Must I Use Colorado Foreclosure Protection Act form for the sale of all CO foreclosure property?

The video encourages you to review the Colorado Division of Real Estate’s flow chart describing when to use the Colorado Foreclosure Protection Act Contract here. If you come to the same answer with the Division’s flow chart and the information in this video, then you are probably right. If you produce different answers, you should … Continue Reading

Changes to Colorado’s Non-Compete Covenant Statute

Following Passage of the Restrictive Employments Agreement Act Last year, the Colorado legislature significantly revamped the state’s noncompetition and restrictive covenants statute.  On August 10, 2022, the Restrictive Employments Agreement Act (the “Act”) became effective, implementing substantial changes to § 8-2-113, C.R.S., which statute encompasses Colorado’s restrictive covenant prohibitions.  The Act has broad sweeping changes … Continue Reading

I Don’t Want to Buy my Client’s Home, But Might Agree to do so Just to Make a Deal

Brokers can provide value to a client by acting as a buyer-of-last-resort of the client’s “old house.” Generally, brokers seek to avoid being that buyer-of-last-resort and seller would prefer to sell the property to a market buyer (who would tend to pay more for the property). Do Colorado regulations allow a listing broker to be … Continue Reading

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