) (Mandatory 1-14) THIS FORM HAS IMPORTANT LEGAL CONSEQUENCES AND THE PARTIES SHOULD CONSULT LEGAL AND TAX OR OTHER COUNSEL BEFORE SIGNING. COUNTERPROPOSAL Date: 1. This Counterproposal supersedes and replaces any previous counterproposal. This Counterproposal amends the proposed contract dated (Contract), between (Seller), and (Buyer), relating to the sale and purchase of the following legally described real estate in the County of , Colorado: known as No. Street Address e l p City State.

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How to use or fill out the Counterproposal. Colorado Real Estate Commission-approved Form online

This guide provides a comprehensive overview of how to fill out the Counterproposal, a Colorado Real Estate Commission-approved form. Designed for clarity and ease of use, this guide will help you navigate each section of the form effectively.

Follow the steps to complete the Counterproposal accurately.

  1. Press the ‘Get Form’ button to access the Counterproposal form and open it in the document editor.
  2. Indicate the date at the top of the form as the date of submission.
  3. Fill in the information about the Seller and Buyer, including their names and addresses.
  4. Provide details about the property including the legally described real estate aspects, such as the street address, city, state, and zip code.
  5. Review the section titled 'Dates and Deadlines' if applicable, and fill in any relevant dates specific to the proposed contract.
  6. In the 'Purchase Price and Terms' section, specify the purchase price, earnest money, and any financing details.
  7. Complete any 'Other Changes' that you wish to propose.
  8. Set the acceptance deadline by filling in the date and time by which this counterproposal must be accepted.
  9. Both the Buyer and Seller should sign and date the document where indicated, ensuring all necessary contact information is provided.
  10. Finally, review all filled-out fields for accuracy before saving any changes, downloading a copy, or printing the completed form.

Begin your process of completing the Counterproposal online today!

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Questions & Answers

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What is commission Rule E 35 Colorado?

Commission Rule E-35 states that “brokerage activities” occur when a broker elicits or accepts confidential information from a party concerning specific real estate needs, motivations or financial qualifications.

Rule 6.10. F (Authority to Advertise), specifying the broker's authority to advertise properties that are available or are under contract.

Rule E-35 of the Colorado Real Estate Commission requires brokers: make oral disclosure of brokerage relationship first, then followup with correct Commission form prior to closing. make written disclosure of his/her brokerage relationship before eliciting or receiving confidential information.

Through the adoption and promulgation of Commission Rule F, it became compulsory for all real estate brokers licensed by the State of Colorado to use Commission approved forms in most of their contracting.

The Division of Real Estate protects the consumer through the licensing, regulation and enforcement of licensed real estate professionals.

Rule E-13 published by the Colorado Real Estate Commission prohibits the practice of sign crossing. That is to say it is illegal for a real estate broker to attempt to enter into a listing agreement with a seller when that seller already has an unexpired agreement in force with another broker.

Under which circumstance is it NOT necessary to use a Colorado Real Estate Commission-approved form? Builders use contracts prepared by their own attorneys.

F-7. Real estate brokers are required to use Commission-approved forms as appropriate to a transaction or circumstance to which a relevant form is applicable. In instances when the Commission has not developed an approved form within the purview of this rule, and other forms are used, they are not governed by Rule F.

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