Real Estate Contracts Guide
As you begin the process of buying or selling your home, you'll want to become familiar with the contracts that are used to buy and sell real estate in Colorado. The contracts are standardized by the Colorado Real Estate Commission - except the New Home purchase contracts.
Home Builders are permitted to use any type of contract that they deem is in the best interest of their construction company, and for that reason, it is advisable that new home buyers ask a Realtor to handle their new home contract negotiations. The homebuilder compensates the Realtor, so the service comes at no cost to the new home buyer. Ask us to accompany you and we'll make sure your new home contract is fair and equitable to you. Just call 800-515-0657.
Real Estate Contracts and Forms for Buyers
Brokerage Disclosure to Buyer - This form is an exerpt from a real estate dictionary, designed to ensure the broker explains the different types of legal Real Estate relationships to the buyer. This is not a contract - signing it just acknowledges receipt of the document.
Definitions of Working Relationships - This form is very similar to the Brokerage Disclosure to Buyer - It is designed to ensure the broker explains the different types of legal Real Estate relationships to the buyer. This is not a contract - signing it just acknowledges receipt of the document.
Exclusive Right-to-Buy - This is the contract between the real estate agent and the buyer. The contract establishes the duties and responsibilities of each party. In the Exclusive Right-to-Buy, the buyer assures the Realtor that he/she is not currently using the services of another Buyer's Agent, and the buyer states his/her intent to use only one real estate agent for the term of the contract.
Contract to Buy & Sell Real Estate - This is the contract between the buyer and the seller which outlines all of the details pertaining to the purchase of a property.
Real Estate Contracts and Forms for Sellers
Definitions of Working Relationships - This form is an exerpt from a real estate dictionary, designed to ensure the broker explains the different types of legal Real Estate relationships to the seller. This is not a contract - signing it just acknowledges receipt of the document.
Exclusive Right-to-Sell - This is the contract between the real estate agent and the seller. The contract establishes the duties and responsibilities of each party. In the exclusive Right-to-Sell, the seller states that he/she will negotiate the sale of the property exclusively through the real estate agent named in the contract.
Seller's Property Disclosure - This is a disclosure form used to express the condition of the property to the buyer. It is not required by the State of Colorado, but we highly advise our listing clients complete the Seller's Property Disclosure. Failure to do so causes buyers to question the existence of latent and patent defects of the property.
Contract to Buy & Sell Real Estate - This is the contract between the buyer and the seller. It outlines all of the details pertaining to the sale of the property.
Do You Have Questions About the Real Estate Contracts? Contact Us Today for Answers to Your Questions.
(Fields marked with * are required.)