When the Seller Rents Back Post-Closing for no Monthly Rent, Can There be a Security Deposit?
In Colorado, Senate Bill 23-184 provides a fairly clear answer: No.
Contracts
Owning Residential Real Property Under Common Ownership
Joint Property Ownership, Property Ownership Agreements and Partition of Real Property Owning residential real property with another person can be rewarding but also challenging or difficult in certain circumstances when property owners cannot agree on the maintenance or disposition of the property in the event of a dispute between the property owners. Outside of a … Continue Reading
Buyer Side Requirement of the NAR Antitrust Settlement
Learn about one of the more important practice changes for buyer-side brokers: the inability of the buyer broker to make an agreement with the buyer to accept whatever the seller side is offering. Related Webcasts: Seller Side Requirement of the NAR Antitrust Settlement Is it Time to Think about Evolving Past the Realtor® Code of … Continue Reading
Seller Side Requirement of the NAR Antitrust Settlement
Learn about removal of compensation fields in the MLS and the prohibition of using the MLS to communicate co-op amounts. Related Webcast: Is it Time to Think about Evolving Past the Realtor® Code of Ethics?
My partner and I want to buy a house together, but we aren’t married.
What’s the best way for me to protect my interests? In addition to the rise of ‘fractional equity ownership’ in Colorado real estate, it seems more and more common for individuals to buy a house together absent formal marriage. In such a situation, it is advisable to enter into an agreement that sets out the … Continue Reading
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
“How-To” for Common Styles of Subject-To Transactions
Watch this video to learn about the common styles of subject-to transactions and some the different risks of the common types of subject-to transactions. See also Parts I & II: Part I: Subject-To Transaction: Understanding the Concept Buyer and Seller Motivations. Part II: Subject-To Transaction: Learning the Jargon and the Key Deal Points.
Subject-To Transaction: Learning the Jargon and the Key Deal Points.
This webcast is our second installment of our series about subject-to transactions. In it we explain the jargon and the major deal points of subject-to transactions. This webcast sets the stage for discussing risk management and the potential illegalities of some styles of subject-to transactions.
Using the Foreclosure Protection Act Contract to Buy & Sell Real Estate
Once you determine that you must use the Foreclosure Protection Act version of the Colorado Contract (see: Must I Use Colorado Foreclosure Protection Act form for the sale of all CO foreclosure property?) watch this video to learn how to complete the form.
A Primer on the Post-Treasurer’s Deed Quiet Title Process
In Colorado, a real estate investor can purchase a lien on delinquent real estate taxes. Upon the satisfaction of certain conditions, the investor can apply for a treasurer’s deed to take title to the subject property. A prior article explains title companies generally will not insure title based on a treasurer’s deed, but that a … Continue Reading