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Colorado Real Estate Law Questions & Answers
1 Answer | Asked in Real Estate Law for Colorado on
Q: Can the seller's agent give my cell # to them 3 months after closing?Says we owe money, but not in contract.

Seller had something installed before closing, and says we should pay him back for it which I don't think we have to since it's not in the contract, however, he text me yesterday to collect the money stating that his realtor told him to contact me. Can she give out my private number like... View More

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Dec 1, 2015

There is nothing inherently unethical or illegal in providing contact information to a buyer or seller unless the purchase agreement stated otherwise or you specifically requested that you should not be contacted. I cannot comment on the substance of the seller's claims, but as a general rule... View More

1 Answer | Asked in Real Estate Law for Colorado on
Q: Do we have recourse against the seller of the home?

My daughter recently purchased a home from a seller where the home was a "fix and flip." She has lived in the home approximately three weeks. They discovered that the master shower pan was leaking on the floor. Initially, they thought it was just excess water that was due to getting in... View More

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Nov 20, 2015

It is hard to say if there is a case. The fact the deal closed does not necessarily preclude legal recourse, but it does make undoing the deal more expensive (and time consuming). Contact a lawyer to review the specifics of your daughter's case. Normally, buyers assume the risk of defects in... View More

1 Answer | Asked in Real Estate Law for Colorado on
Q: If a realtor is representing both sides of the transaction do they have to be a transaction broker?

I looked at a house and the realtor of the seller asked me if I had a realtor I said no. He said if we use him he can save us some money. But on the contract he said he was a buyers broker and said he was looking out for us but the seller was his too. Doesn't he have to become a transaction... View More

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Oct 15, 2015

The broker is violating the law. You may want to file a complaint with the state. Brokers can represent both side in specific circumstances, but there are a lot of limitations. You are correct, the broker must be neutral to "represent" both sides.The broker is NOT representing you, the... View More

1 Answer | Asked in Real Estate Law for Colorado on
Q: Selling home in CO, buying in FL, agent failed to offer FL purchase include contingency re:sale in CO Lose earnest $ ?

Agent was not tending to my best interest. My home in CO was 'under contract' which I thought the buyer had put earnest $ down. CO agent left for vacation in Mexico. Her co-worker called to tell me the buyer for my house failed to put earnest $ down and disappeared. Recommended I cancel... View More

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Oct 14, 2015

It partially depends on the agreement you signed with the agent in FL and CO (the FL agreement being the most important). If you had a contingency clause (the FL purchase was conditioned on the sale of your CO home, you should get your down payment/earnest money back). If the is no contingency... View More

1 Answer | Asked in Real Estate Law for Colorado on
Q: Real estate lien Colorado.

Tenants in Common. 50/50 ownership. Colorado. We bought a home to fix and live. We had a falling out and she wants no reasonable resolution only to cause me as much grief as possible. My question is can I give her what she wants by signing over my portion of the home so she is full owner, and then... View More

Tristan Kenyon Schultz
Tristan Kenyon Schultz
answered on Oct 4, 2015

You can sign over your ownership interest, but the lien may not go away. If the lien is only on the property you can be excused from the lien provided you make a valid transfer and give the creditor notice. However, no creditor that I've ever seen attaches a lien without adding a proviso that... View More

1 Answer | Asked in Real Estate Law for Colorado on
Q: If the sellers do not comply with the home inspection resolution agreement, what is the buyers legal recourse?
Robert Jason De Groot
Robert Jason De Groot
answered on Sep 14, 2015

Read the contract. An attorney cannot give you an answer with such incomplete information, go see a local real estate attorney for a full discussion about this.

1 Answer | Asked in Real Estate Law for Colorado on
Q: Can a buyer's agent advertise my listing (as sold) without my permission?

A bulk mailer was sent out all over by an agent. My picture and listing was on it saying that the agent sold it to first time home buyers. She did put 'buyer's agent' on it as well. I don't think this is right, but I can't find anything on it.

I don't think... View More

Robert Jason De Groot
Robert Jason De Groot
answered on Sep 8, 2015

Well, was the home sold? Why is it that you do not think this is right?

1 Answer | Asked in Real Estate Law for Colorado on
Q: 2 years of no payments in colorado, what is the homeowners options?
Adam Studnicki
Adam Studnicki
answered on Aug 1, 2015

I don't understand the question.

Please Take Notice: I am not your lawyer unless we enter into an engagement agreement in writing. This is general information that is given for legal education only. It is not legal advice, and it may not work for your specific situation. It is...
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1 Answer | Asked in Real Estate Law for Colorado on
Q: Live in Colorado. Have the deed to my dad's house (I'm the executor). Where do I go to get the deed in my name?

I want to sell the house by the end of March so I don't have to pay the taxes. Then I can divide the money with my sisters once it's sold.

Timothy Canty
Timothy Canty
answered on Feb 9, 2015

If the home was only in your Dad's name with no joint tenant, you must open a probate estate and have yourself appointed Personal Representative. It sounds like your Dad appointed you in his will, so the court proceeding should be easy and inexpensive. Once you are appointed and issued Letters... View More

1 Answer | Asked in Real Estate Law for Colorado on
Q: My Mom owned here home (no mortage) and put my name on the property with a quitclaim deed (joint tenancy).

Shortly before she died in 2013 she created another quitclaim deed (joint tenancy) with a third party.

Quitclaim Deed Joint Tenancy 1 (My Name, My Mother's Name)

Quitclaim Deed Joint Tenancy 2 (My Mother's name, Third Party)

What % share am I entitled to upon the... View More

Timothy Canty
Timothy Canty
answered on Feb 5, 2015

Your Mom's conveyance of the 2nd deed destroyed the joint tenancy between the two of you. You became tenants in common with her. In the absence of language to the contrary, you are each presumed to own 50% of the property. Her new deed to the third party created a new joint tenancy with the... View More

1 Answer | Asked in Real Estate Law for Colorado on
Q: Can I offer money to the buyer instead of fixing items from an inspection objection?

I want to give money to the buyer at closing (not take the amount off of the price of the house or off of the closing costs).

Charles Snyderman
Charles Snyderman
answered on Jul 1, 2014

You, the buyer, or both may be asked to sign one or more documents at the closing which certify, subject to penalties, that this did not happen. If you have a real estate agent, run it by your agent, who can talk to the buyer's agent, who in turn can discuss with the buyer's mortgage company.

1 Answer | Asked in Real Estate Law for Colorado on
Q: I have a condo in escrow. The Real Estate question.

I had an escrow scheduled to close on 4/12/14. The closing date has been put off twice and will need another extension tomorrow. The delay appears to have been caused by a dispute between the condo association and the lender. What would be the consequences should I refuse to sign another extension?... View More

Charles Snyderman
Charles Snyderman
answered on May 17, 2014

The rights and obligations of the buyer and the seller in a real estate transaction are determined by the agreement of sale. I recommend that you arrange a consultation with a real estate lawyer who can review your agreement of sale and answer your question.

1 Answer | Asked in Real Estate Law for Colorado on
Q: Can a counteroffer with a future expiration date be withdrawn prior to acceptance?
Timothy Canty
Timothy Canty
answered on Oct 25, 2013

Any offer or counteroffer can be withdrawn prior to acceptance as long as there was no agreement and consideration to keep it open until a specific date.

1 Answer | Asked in Real Estate Law for Colorado on
Q: Can a bank require us to use a realtor to buy a house from a friend? The price is agreed on. We are in Colorado.
Timothy Canty
Timothy Canty
answered on Jun 12, 2013

There is no law that requires you to use a Realtor. Some lenders may have an internal policy that requires use of a broker. If that is the case, find another bank.

1 Answer | Asked in Real Estate Law for Colorado on
Q: Can my wife and I be joint tenants if I am the only one on the mortgage?

I own a home that I purchased before my wife and I were married. I would like to add my wife to the title so that the property is owned jointly, but I also want to avoid refinancing the mortgage. Can we set up a joint tenancy with survivorship while I'm the only one on the mortgage still?

Timothy Canty
Timothy Canty
answered on May 14, 2013

Yes you can. Title to real estate and liability on the mortgage are two separate interests. Most deeds of trust (mortgages) have a "due on sale" clause, but putting your spouse on the title is not considered a sale and they can't call the loan due for that reason.

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