Category Archives: Contracts

Buyer Contingencies

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

Earnest Money Release

Earnest Money Release Revolution: The 2017 Colorado Real Estate Commission Approved Earnest Money Release form no longer has an automatic release. 2/27/17: Earnest Money Release Revolution. Prior to 2017 the Colorado Real Estate Commission Approved Earnest Money Release form essentially provided for a full release between the buyer and the seller (if both sides signed… Continue Reading

General Warranty Deed vs. Special Warranty Deed

General Warranty Deed vs. Special Warranty Deed for Re-Sale Sellers. A general warranty deed creates liability for a seller beyond the warranties of a special warranty deed. 8/1/16: General Warranty Deed vs. Special Warranty Deed for Re-Sale Sellers. The market place expects residential re-sale sellers (not builders) to convey title using a general warranty deed.… Continue Reading

Coming Soon Listing

Coming Soon Listings – Learn how to manage the conflicts of interest associated with the “Coming Soon” phenomenon. 5/26/16: Coming Soon Listings. In a tight inventory market, listing brokers are tempted to sell listed property to their own sphere of influence before exposing the property to the whole market. Yet without exposing the property to… Continue Reading

Meth Labs and Properties for Sale

Sellers have to disclose known material defects and complete a Seller’s Property Disclosure form when listing property for sale. There can be health risks associated with living in a house where meth was produced or used. Some telltale signs that a property could be contaminated by meth include discolored walls, strong ammonia-like odors, empty over-the-counter… Continue Reading