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The general rule is that the satisfaction must be in proper written format and recorded to provide notice of the satisfaction. If the lender fails to record a satisfaction within set time limits, the lender may be responsible for damages set by statute for failure to timely cancel the lien.

Generally, appraisers and listing agents don't count a basement toward the overall square footage of a home. Most appraisers will never count a basement if it's below grade, meaning it is beneath ground level.

In every residential sales transaction, a Square Footage Disclosure form is required to be completed and signed by both the Seller and Buyer.

Required Subdivision Developer Registration Types Any division of real property into twenty (20) or more interests intended solely for residential use, with each interest comprising thirty-five (35) or more acres of land offered for sale, lease or transfer.

Colorado sellers must disclose known defects to potential buyers. Before you finalize your house sale in Colorado, prospective buyers will want to know as much as possible about the property's physical condition and any problems that could affect the house's value, use, or desirability.

A real estate disclosure is an important document that sellers must provide to buyers in a Colorado real estate transaction. The purpose of the disclosure is to inform the buyer of any material defects or other information about the property that could affect the value of the property.

DUE DILIGENCE DOCUMENTS At a minimum, this could include copies of any agreements related to the property that the seller has with any third parties (tenants, contractors, vendors, solar providers, etc.) that may impact the buyer's use/ownership of the property.

If you've recently married and already own a home or other real estate, you may want to add your new spouse to the deed for your property so the two of you own it jointly. To add a spouse to a deed, all you have to do is literally fill out, sign and record a new deed in your county recorder's office.

In addition the following information should be included: The Payee Name. The Owner(s) of the mortgage holder. Total amount of mortgage. Mortgage date of execution. Full and legal description of the property to include tax parcel number. Acknowledgement that all payments have been made in full.