Colorado Vendor Exchange Member Agreement

State:
Multi-State
Control #:
US-ET0427-AM
Format:
Word; 
Rich Text
Instant download

Description

This form is used to establish an agreement along with associated terms and conditions for a Vendor to access information and/or services from a Vendor Exchange.

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FAQ

Hear this out loud PauseColorado's Disclosure Laws. Colorado state statutes require that sellers of residential property disclose the following to buyers: That the property might be in a special taxing district, and where the buyer can go to find out whether the property is, in fact, within such a district.

Colorado has a specific agreement that is used to buy and sell residential property called the Colorado Real Estate Commission's Contract to Buy and Sell Real Estate.

Hear this out loud PauseIn every residential sales transaction, a Square Footage Disclosure form is required to be completed and signed by both the Seller and Buyer.

SOURCE OF WATER Colorado requires that sellers disclose a property's potable wa- ter source (if any) to potential buyers in connection with a real estate transaction.

Hear this out loud PauseWater is a precious, limited, resource in Colorado and to comply with this statute a Seller's Property Disclosure form or a Source of Potable Water Addendum is provided: Identification of the source of potable water (tap, well, other) Identification of any permits, augmentation plans and other water related information.

Hear this out loud PauseTransfer of Water Rights Transfers are done typically with a deed, which is recorded in the clerk and recorder's office, just as with deeds for land. Conveyance of a groundwater right requires that a ?Change of Ownership? form for the well permit be submitted to the State Engineer's Office.

The Agreement to Amend/Extend contract is used to change the conditions of a contract the broker IS NOT a party to such as the Contract to Buy & Sell. The Agreement to Amend/Extend With Broker is to be used for changes to contracts the broker IS A PARTY to such as the the Listing Contract or Buyer Agency Agreement.

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.

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Colorado Vendor Exchange Member Agreement