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Colorado Real Estate Law Questions & Answers
1 Answer | Asked in Real Estate Law for Colorado on
Q: Did I have to pay 6% commission fee?

A little over a year ago my husband and I were looking for a home to buy with no help from a realtor/agent. We found one via a model home. The builder is also a realtor and he is who we decided to build with. We did not use his services as a realtor/agent to help find us a home but he had us fill... View More

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Jan 24, 2017

This is a direct legal question, you will need to contact a lawyer directly because Justia's Q&A is only for general legal questions. As a general rule, you should review your agreement with the realtor/builder. While, most builders are not also realtors it is possible for both to apply (I... View More

1 Answer | Asked in Real Estate Law for Colorado on
Q: If land is partitioned by survey at the approval of the court and signed by the court, does the defendant need to file?

Is the defendant still required to sign and file a special warranty deed if in protest?

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Jan 24, 2017

There is too much missing information to answer to your question. Are you are asking if a prior contractually required special warranty deed is still valid if the court approves a partition? If this is the case, you will need to contract a lawyer directly who can review all the documentation and... View More

1 Answer | Asked in Real Estate Law for Colorado on
Q: Lien against my home

We recently built a home and it was completed on December 22nd 2016. We went through US Bank and have been taking draws from US Bank monthly to pay the builder who pays the subcontractors. We recently received a certified and notarized letter from one of the subcontractors stating that they never... View More

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Jan 14, 2017

While letters like these are not pleasant, you do not need to worry. Liens cannot be attached without legal process or a signed document by you (the homeowners) authorizing attachment as a security (this is common for lenders, but nearly unheard of for private parties). In other words, the sub will... View More

1 Answer | Asked in Real Estate Law for Colorado on
Q: Is there a maximum number of people who can be apply for a home loan and be on a mortgage?
Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Jan 14, 2017

Check with you lender(s), but there is no legal limit to the number of people on a mortgage. Note, being listed on a mortgage is not necessarily the same as people listed on the deed (although most lenders require an overlap of listing on both the deed and mortgage).

1 Answer | Asked in Contracts and Real Estate Law for Colorado on
Q: Hello- On the contract form my realtor my name is written in after the first name (my fiances) and the purchase price

the purchase price is crossed out and instead of a new offer or a counter the new offer is written in - Is this legal ?

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Jan 9, 2017

Handwritten modification are still valid. To be safe, it is recommended that all parties initial the handwritten portions. You can also request that the contract be re-typed. FYI: most offers have handwritten modifications (esp. if purchase prices are still being negotiated).

1 Answer | Asked in Contracts and Real Estate Law for Colorado on
Q: If buyer terminates contract 2 days before closing am I still bound to any previous contracts or amendments?

Buyer terminated contract so he would not loose earnest money because his lender was not ready to close. Buyer still wants to buy. Am I still bound to any previous contracts or amendments or due earnest money?

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Jan 6, 2017

This is a direct legal question and is beyond the scope of Justa's Q&A (which is for general legal questions). As a general rule, if an offer is terminated for any reason all accompanying documents/contracts are usually also terminated. However, you will need to review all the contracts to... View More

1 Answer | Asked in Contracts and Real Estate Law for Colorado on
Q: If my realtor never had me sign contract to sell to buyer & closing date has passed do I have a right to earnest money?

My realtor never sent me the contract to sign. I did sign an amendment to lower price. If I didn't sign the original contract am I still bound to contract.

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Jan 6, 2017

If no contract was signed (!) the answer becomes unclear. Contracts can be imputed with action (performance) and/or reliance. This usually does not apply for real estate contracts (which tend to favor strict construction rules), but there is a level of uncertainty for the services by the realtor... View More

2 Answers | Asked in Real Estate Law for Colorado on
Q: I am in the process of selling a property and I have been advised to get a Real Estate Lawyer. Do I need one?

Why do I need one?

How much will it cost?

How quickly can I obtain a Lawyer?

Ryan M. Wood
Ryan M. Wood
answered on Dec 11, 2016

You do not always need a real estate attorney when selling property - it depends on your particular circumstances. You can search for real estate attorneys in the Find a Lawyer section of this site.

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1 Answer | Asked in Real Estate Law and Landlord - Tenant for Colorado on
Q: Can my property management company keep my security deposit?

I have 1,200 deposit on my apartment 3 years ago, never late on my rent. I bought a home in another State. I provided a 60 day notice to vacate found a qualified applicant who made her own deposit and is moving into my unit right away,no loss in funds for the management company. I painted my unit,... View More

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Nov 24, 2016

From your facts, it sounds like you have a solid case. Since the sum is small by legal standards, you qualify for small claims court. Small claims court has simplified court procedures and is intentionally directed towards non-lawyers. Lawyers can also represent parties in small claims court, but... View More

1 Answer | Asked in Real Estate Law for Colorado on
Q: Does the State of Colorado require a Real Estate Lawyer for a "for sale by owner" home

We are interested in a home in Pine, CO that is a "for sale by owner". Since I have no experience in this area, we are going to get a real estate lawyer. I just wanted to know if it is required and what does it involve.

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Nov 17, 2016

No, a lawyer is not required. Real estate lawyers primarily do two things for residential real estate: (1) draft sale agreements and (2) review various agreements. A lawyer is not required for either and the overwhelming majority of sales have no lawyers involved. An agent (or for sale by owner... View More

1 Answer | Asked in Real Estate Law for Colorado on
Q: Is there a maximum time duration of a real estate contract to list a property?

I am a broker is a class and there is a question if there is a limit to a listing agreement. I had read something about Colorado having a 1 year term for contracts. Is that true?

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Nov 15, 2016

The term of the listing is defined by the listing contract. Colorado prevents an indefinite listing agreements, but does not give a firm cut-off period. Look at the approved listing agreement form the CO Division of Real Estate--section 3:... View More

1 Answer | Asked in Real Estate Law for Colorado on
Q: In Colo, if a buyer wants to purchase a home from owner that they were previously shown by RealEstate co, must they buy

Thru the RealEstate Co even tho the contract has expired?

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Nov 14, 2016

Since you are referring to the listing agreement, I assume that you are the seller. Review your listing contract. Most contracts have an "exclusive" listing period and many contracts also have a "blackout" period after the exclusive period to catch sellers who try to wait-out a... View More

2 Answers | Asked in Criminal Law, Divorce, Family Law and Real Estate Law for Colorado on
Q: Does the male have the right to refuse the female to be at the house and have her leave the house without court order.

Scenario: Male and Female own a house together in Denver, CO. They were together but not Married or Common Law. They Both are on the mortgage as owners. Male and Female ended relationship. Male stayed at the location and female has not lived there for 6 months.

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Nov 13, 2016

No, you and the woman are co-owners. If you seek a court order forcing her to leave, the home must be put up for sale (or you can offer to buy-out her portion).

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1 Answer | Asked in Probate and Real Estate Law for Colorado on
Q: Kids is wondering option to save family ranch from mother she inherited after father's death?

Our mother won't listen to council given by son currently working for her and threatens to fire him on a regular basis. Her current decision making seems to not be in the best interest for the ranch and it's a mutual feeling that she may end up destroying the ranch.

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Nov 13, 2016

If your mother lawfully inherited the property, she has the right to do anything with the property that she wants (including running range into the ground). If you feel your mother lacks mental capacity, you can look into declaring her mentally incompetent (be warned this should only be considered... View More

1 Answer | Asked in Real Estate Law for Colorado on
Q: Does an express easement allow use over a private road that is owned by adjacent landowners?

A landowner has 60 acres he wants to subdivide into a minor development. It has been zoned AG for 21 years. The other landowners own and maintain the private road which he uses for access. He wants to have the property re-zoned to AR for a subdivision. The road is not county maintained. The... View More

John Roland Lund
John Roland Lund
answered on Nov 10, 2016

As a condition to approval of the rezoning and subdividing, the planning department and/or zoning officials will have to assess whether there is adequate and legal access to the proposed lots. In addition to a primary access point, most development plans also must have a secondary access for... View More

1 Answer | Asked in Landlord - Tenant and Real Estate Law for Colorado on
Q: Is a landlord allowed to withhold your security deposit from you if there are unpaid utility bills but 1/3 tenants stay?

The landlord rented a house to his daughter and two friends. the utilities are in his daughters name and after he tried to presen a fake lease to our third roommate, and she found out, she decided to move out of the house before signing the lease. I also decided to move out as the landlord told us... View More

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Nov 8, 2016

Review the lease agreement for any discussion of utilities. It is possible that you must pay your allocation portion of the utilities for the period in which you resided in the home. It is very unlikely that you would be personally liable for utilities after you terminated the lease. If the... View More

1 Answer | Asked in Land Use & Zoning, Landlord - Tenant and Real Estate Law for Colorado on
Q: In Colorado, is it legal for a landlord to use hidden cameras to capture me, the tenant, without my knowledge?

This landlord is a business owner and shared the space with me. In my lease it states that I was not to smoke anything indoors. I am a cigarette smoker of about 15 years now. I do NOT smoke inside because it sticks in everything and absolutely will not. I do not throw my butts on the ground because... View More

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Nov 8, 2016

Without seeing the area I cannot say for certain, but you likely have no reasonable expectation of privacy in a public or outside area. There is nothing improper or illegal in filming a public space. As for private property, the answer gets a little more complicated. Unless the filming is in a... View More

1 Answer | Asked in Contracts and Real Estate Law for Colorado on
Q: For contracted work on our family cabin, does it have to be me who signs? I'm the only one on Deed.

I'm told technically the contract is not valid. I ask because my uncle singed the contract, and I was under the impression that the contractor is responsible to fulfill his obligations under the contract to the person signing, regardless of whether or not the person signing is on the actual... View More

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Nov 2, 2016

It is not a requirement that the party contracting for services on real estate be on the deed. However, as a general rule contracted work on any property requires the consent of the owner. Based on your facts, it would be imputed that your uncle had implicit authority to act as your agent (via his... View More

1 Answer | Asked in Real Estate Law for Colorado on
Q: I am considering purchasing a home in Montrose CO. The sellers agent told us he can represent both seller and purchaser

Can he do this as he is the sellers agent. Also with a home inspection there have been problems arising regarding disclosures from seller ect. Do I need a real estate lawyer and should I use one referred by sellers broker?

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Oct 26, 2016

Brokers can handle a sale for both the buyer and seller, but there are limitations. Specifically, the broker is an agent of the seller and cannot (and should not) provide any advice or opinions to the buyer. In short, the broker should not assess whether the offer is a "good deal" or... View More

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