Get Colorado BLock-in Disclosureb Form

The Colorado Dual Status Disclosure form must be completed, disclosed, and provided to the borrower within three (3) Business Days after receipt of a loan Application. D. Mortgage Loan Originators must maintain the disclosure form as set forth in this Rule for a period of four (4) years.

Colorado law requires that you disclose all misdemeanor and/or felony criminal convictions including those based on a plea of no contest and any deferred judgements or deferred sentences, except for misdemeanor traffic offenses and/or traffic infractions (DUI*,careless driving, speeding, etc.)

Colorado Statute 12-61-903 requires all mortgage loan originators operating in the state to obtain a license with the Colorado Division of Real Estate.

On or before Seller's Property Disclosure Deadline, Seller agrees to deliver to Buyer the most current version of the applicable Colorado Real Estate Commission's Seller's Property Disclosure form completed by Seller to Seller's actual knowledge and current as of the date of this Contract."

In Colorado, the seller's property disclosure responsibility also extends to the real estate professional. Colorado statute provides that a broker acting as a seller's agent must disclose to any prospective buyer all adverse material facts actually known by such broker.

2. What are the penalties for a conviction for mortgage fraud in Colorado? Amount of FraudCrime ClassFinesUp to $300Petty OffenseUp to $300$300 to less than $1,000Class 2 MisdemeanorUp to $750$1,000 to less than $2,000Class 1 MisdemeanorUp to $1,000$2,000 or more but less than $5,000Class 6 FelonyUp to $10,0004 more rows

The Colorado Dual Status Disclosure form must be completed, disclosed, and provided to the borrower within three (3) Business Days after receipt of a loan Application.