The Colorado Real Estate Commission (“CREC”) has ensured that residential Sellers and Buyers abide by the Lead-Based Paint Disclosure federal regulation by including a lead-based paint provision in Section 10.10 of the CREC approved Contract to Buy and Sell Residential Real Estate. It is important to note that changes to the Contract were made effective on January 1, 2019. The changes to Section 10.10 of the Contract now allow Buyers to “waive the failure to timely receive the Lead-Based Paint Disclosure,” if the Buyer does not timely receive such disclosure.
Read MoreSigning the wrong document is a common mistake in real estate contracts. However, if it goes undiscovered it can cause major issues for sellers, buyers, and brokers.
Read MoreA Statement of Authority vests an individual with unambiguous authority to hold and convey real property on behalf of an entity. Under Colorado law, an entity includes any corporation, government or governmental subdivision or agency, business trust, estate, trust, limited liability company, partnership, association, or other legal entity. Entities are allowed to hold and convey real property in the entity name in Colorado which is helpful for business versatility and estate planning.
Read MoreAre you a buyer or seller in Colorado who’s executed a Contract to Buy or Sell Real Estate? It’s an exciting time for either party and the sale may feel like a done deal at signing, but unfortunately issues can arise between signing the Contract and closing. This Blog discusses Section 18.1 of the Contract, which outlines specific steps that must be taken by both buyer and seller in the event of damage to the property and a consequent insurance claim.
Read MoreApplying for rentals may seem like an easy process, but rental applications are subject to a number of limitations and requirements under Colorado law. Landlords and tenants should be familiar know about the laws that relate to fees, disclosures, notifications, credit checks, background checks, criminal records, rental history, and rejections.
Read MoreTired of the city telling you how to use your own land? Zoning Violations? Can’t sure what rights you have to develop your land? This blog will introduce and discuss some of the legal issues regarding those pesky Colorado land use and zoning ordinances so you can start using your property your way.
Read MoreAre you a lender or a borrower facing a foreclosure action, or are you a home buyer looking to purchase a foreclosed home? Are you unsure of how the foreclosure system works in Colorado? If that’s the case, this blog will help you to navigate the foreclosure process and explain some of the key concepts of the system in Colorado.
Read MoreBuying or selling a mobile home in Colorado? Are you a tenant of a Mobile Home park that is being sold or purchased? If so, read this blog to understand the revisions to the Colorado’s Mobile Home Act and how it may impact you.
Read MoreDo you want to sell or re-finance your Colorado commercial real estate property, but can’t prepay on your property’s current loan? This blog will help you understand the defeasance process to get out of your loan. Since 2014, GLO has been the leading law firm in helping Denver property owners optimize their options and navigate the loan prepayment process.
Read MoreAre you buying or selling your home in Denver, Boulder, Adams or Arapahoe County, or anywhere along the Front Range? If so, do you know about required disclosures and what must a seller disclose about the property they are selling? A seller can be liable for failing to disclose. This blog will briefly guide you through Colorado’s real estate disclosure laws so you can avoid future liability.
Read MoreThis blog details Colorado law regarding emotional service animals (ESA) and guides tenants and landlords through the emotional service animal process, including a discussion of their respective rights. Whether you're a tenant or landlord; in Denver, Boulder, Adams or Arapahoe County, or anywhere along the Front Range; read this blog to ensure you know your emotional service animal rights.
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