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2.5.1 Colorado Contract Forms

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Colorado Contract Forms

Like many human endeavors, real estate is done both in person and on paper. In this section, we provide access to many of the documents that you’ll encounter in the course of buying a home. The Colorado Real Estate Commission standardizes all the common contract forms in use in Colorado. For example, some of the more common forms you will encounter as you take the initial steps in the home buying process are below.
  1. WORKING RELATIONSHIPS WITH REAL ESTATE AGENTS
    • The state's brief definitions of the legal relationships you can establish in working with real estate agents
  2. BUYER AGENCY OR TRANSACTION BROKER AGREEMENT
    • The form to establish a buyer agency relationship between an agent and a home buyer
  3. LISTING AGREEMENT: SELLER AGENCY OR TRANSACTION BROKER
    • The form for a seller to list a property with an agent
Similarly, Colorado also standardizes the form to establish a purchase contract between a buyer and seller. Although in most cases, it will be substantially modified to express the terms of the final agreement between the buyer and seller. In addition, Colorado standardizes the forms for the Seller to make disclosures to the Buyer.  These forms pertain to their knowledge of the condition of the home and whether they have knowledge of lead-based paint in the property. These are listed below.
  1. PURCHASE CONTRACT
  2. SELLER’S PROPERTY DISCLOSURE
  3. LEAD BASED PAINT DISCLOSURE