Section 18.1 Insurance Termination: What to Do When a Property Suffers Damage Before Closing

Are 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.

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Buying a Business: Maximize upside and Minimize risk - What to Know When You Buy a Business

Buying a business in Colorado or becoming the majority stakeholder of a business? If so, read this blog to learn how you can utilize a stock/interest purchase agreement, an asset purchase agreement, and/or the overall agreement of the business to maximize your purchase and minimize risk. GLO has extensive experience helping business owners and investors in purchasing a business.

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Who’s in My House?! What to Consider when Hiring a Contractor

Are you a Colorado homeowner or developer trying to get work done on your property? Looking for the best person for the job, but don’t know what to look for or who to trust? Letting strangers on your property for any reason--but especially to make permanent changes to it-- is a nerve-wracking process. Use this blog as your guide to hire the best, and most trustworthy, person for the job!

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Residential Rental Applications: What You Should Know as a Landlord or as a Tenant

Applying 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.

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Entering Into a Commercial Lease: What to Know when Leasing Commercial Property

Unlike residential leases, commercial leases usually include provisions for tenants to pay property taxes and insurance for the property as well as common area maintenance (“CAM”) fees. Leases which include taxes, insurance and CAM fees are called “Triple Net” or “NNN” leases and are the most common leases.

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Don’t be Startled When Starting a New Business: What to Know Before You Start a New Business

Starting a business in Colorado? If you’re starting a new business, it is important to know the ins and outs before setting out on your own. Starting a business can have many different implications depending on what kind of business entity it is, how many employees it will have, and what the business does. GLO has extensive experience helping individuals interested in starting new businesses.

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Non-Disclosure Agreements, Liquidated Damages, & Trade Secrets

Non-disclosure agreements (NDAs) can be a powerful tool used to protect a company’s secret and proprietary information that gives it a competitive edge. This blog guides you through NDAs, and related concepts like liquidated damages and trade secrets, so you know how likely a court would be to enforce your NDA.

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Stock/Membership Interest Purchase Agreements: How to Come Out on Top in the Sale or Purchase of Your Company

Are you a Colorado business owner looking to sell your company? Are you an investor looking to buy businesses around the Front Range? If so, this blog will show how you can utilize a stock/interest purchase agreement in your sale or purchase, and effectively negotiate the terms of your agreement. GLO has extensive experience helping business owners and purchasers with stock and/or interest purchase agreements.

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Getting Around Those Pesky Zoning Laws: It’s Your Property, Do What You Want With It

Tired 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.

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Sharing is Caring: Party Walls and How They May Benefit You

Do you currently own or plan on starting your own small business in Denver, Boulder, or anywhere along the Front Range? Do you need help filing your articles of incorporation or developing an operating agreement for your Colorado limited liability company? If so, read this blog to find out about more about LLCs and why it is the perfect business model for your small business.

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Making the Most of Your (Capital) Gains: Maximizing Your Take-Home Profit with the Capital Gains Tax

Are you a real estate investor waiting to sell your rental property? Are you a homeowner wondering if you’re getting the most out of the sale of your home or investment? This blog aims to help guide homeowners and investors through the complex world of capital gains so they can maximize their profit.

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Easement Disputes Don’t Have to be Gross: Using Your Neighbor’s Property with Ease

Are you looking to buy a property that has an existing easement on it? Do you want to establish an easement with your neighbor? Do you want to terminate an existing easement? This blog provides an overview of easements in Colorado.

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Seeking to Minimize Environmental Liability in Real Estate Investment? CERCLA Liability and Defenses

Potential releases or threatened releases of hazardous substances can subject a landowner to significant environmental liability, so it is crucial to identify potential hazards before investing in commercial real estate. Under the Comprehensive Environmental Response, Compensation, and Liability Act (“CERCLA”), there is broad discretion as to who can be a responsible party of environmental hazards. Fortunately for real estate investors, the Environmental Protection Agency has identified steps that can be taken to minimize environmental liability.

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Establishing an Entity for Entrepreneurs: What to Consider When Starting Your Business

Are you looking to buy or sale your home in Boulder, Denver, Adams or Jefferson County, or anywhere else along the Front Range, you could save thousands of dollars by not hiring a broker. “FSBO” means “for sale by owner,” and with sites like Zillow, it’s easier than ever. However, Zillow can’t save you from common pitfalls. Read this blog to learn how GLO can save you money and liability.

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Looking to Secure Your Right to Develop?

A vested property right guarantees a developer’s right to follow through with their plan even if future zoning rules would prohibit that type of development. The ability to obtain vested property rights is a matter of public policy. Vested property rights provide stability and follow-through to developers while stimulating economic growth and encouraging the public and private sectors to cooperate in land use planning.

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Don’t be Pierced by the Corporate Veil: Avoiding Personal Liability for Your Business

Are you worried about being held personally liable for what employees do within your business? This blog discusses the Colorado standard of liability for business owners, and what to do if you find yourself in a sticky situation in the corporate realm.

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Clearing up Murky Septic System Transfer Requirements

If you are looking to sell or purchase real estate with a septic system in the state of Colorado, it is important for you to know the local transfer of title requirements, so you don’t get stuck in a sh--, well let’s just say, less than ideal situation. Many Colorado counties have enacted specific regulations regarding septic system requirements for permitting, including certification before a home can be sold, making understanding title transfer even more complicated.

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A Second Set of Eyes Never Hurts: An Attorney’s Role in a Colorado Real Estate Purchase Contract

For many, purchasing a home is the largest transaction a person enters in their life. With real estate brokers, appraisers, mortgage lenders, and sellers all feeding you information during the home purchase process, you may resist adding attorneys to the mix. However, this blog explains why having an attorney quickly review your purchase contract in a Colorado home sale might save you time, money, and stress in the long run.

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