The Colorado Division of Real Estate is Making Big Changes to the Colorado State approved contract to buy and sell real estate. Learn about the major changes here.
Jon Goodman’s Webcast: What does the phrase “As Is” mean in a contract? Learn what it really means.
What Does Earnest Money Going “Hard” mean? What does the phrase Earnest Money Going “Hard” mean? This webcast explains when to use this phrase and when not to use it.
FIRPTA: Foreign Investment in Real Property Tax Act The federal Foreign Investment in Real Property Tax Act (“FIRPTA”) generally obligates any person who buys U.S. real estate from a foreign person to escrow 15% of the purchase price from the seller to motivate the foreign seller to file a U.S. tax return. A buyer who … Continue Reading
Property Specific Deed Exceptions. This webcast walks you through an example where this distinction between a general exception deed and a property specific exception deed makes a difference and explains why most Colorado title companies initially prepare a deed form that is inconsistent with the Colorado Real Estate Commission contract. 2/23/18: Property Specific Deed Exceptions. … Continue Reading
Closing Letters What the heck is a closing protection Letter?
The “Statute of Frauds” and Contracts Concerning Real Property Every grant or assignment of an existing trust in lands, goods, or things in action must be in writing and subscribed by the party making it or his agent lawfully authorized. If it is not in a proper writing, it is void under Colorado law. Likewise, … Continue Reading
Why Buyers need Title Review. 12/7/17: Why Buyers need Title Review. This webcast explores what false reasoning people might use to rationalize not using a lawyer to review the title when they purchase real estate.
A Counter Proposal Destroys the Offeree’s Power to Accept the Initial Offer.
Buyer Contingencies: Learn how to avoid creating false expectations in your buyers about their ability to back out of a deal. Learn how to assist your Sellers when you suspect contingencies are being misused, and when they should be referred to an attorney. 4/27/16: Buyers Using Contingencies for Purposes other than they were intended! While … Continue Reading