CO CBS1 2024-2025 free printable template

This document is a legally binding agreement between a buyer and seller for the purchase and sale of residential real estate in Colorado, detailing terms, conditions, rights, responsibilities, and

• Who needs a Contract to Buy and Sell Real Estate (Residential) Form?
• What is the Real Estate Contract for?
• Is the Contract accompanied by other forms?
• • When is CBS1-8-13 Contract due?
  • How do I fill out the Contract to Buy and Sell Real Estate (Residential) Form?
  • Where to send the Contract to Buy and Sell Residential Real Estate Form?

Who needs a Contract to Buy and Sell Real Estate (Residential) Form?

The Colorado Real Estate Commission has an approved contract template form that should be used by a broker, realtor or attorney, who acts as an Agent of the Buyer, a person who wants to buy a certain real property from its owner, or the Seller. The Buyer’s Agents will use this Contract, stating the price of the transactions for the Seller's review and acceptance.  

What is the Real Estate Contract for?

The Contract to Buy and Sell Real Estate (Residential) is also labeled as CBS1-8-13. The Contract serves an offer to buy a real estate. This document confirms the Buyer’s commitment to purchase the property for a price the two parties agreed upon. It also records the terms and conditions of the transaction.

Is the Contract accompanied by other forms?

The CBS1-8-13 form itself is voluminous and detailed, covering many terms, conditions, and other provisions. Providing any other supporting documents can be done only at the request of the parties.

When is CBS1-8-13 Contract due?

The dates of the transactions are specified in a separate item of the contract as well as the validity of the offer.

How do I fill out the Contract to Buy and Sell Real Estate (Residential) Form?

The fillable CBS1-8-13 form requires agreement upon numerous details and provisions, but the most important information to be covered is:

1. The Buyer’s and the Seller’s details

2. The real estate

3. Price

4. Fixtures and personal property included in the deed

5. Closing date

6. Prorations,

7. Financial conditions and obligations,

8. Additional Terms, etc.

Where to send the Contract to Buy and Sell Residential Real Estate Form?

The original document is kept by the Seller and a copy should also be held by the Buyer. Another copy is retained by the Agent involved in the deal. Subsequently, the contract is the basis for the conclusion of the final sales transaction.

 

 

 

Instructions and Help about contract to buy and

What is colorado contract real residential?

The Contract to Buy and Sell Real Estate (Residential) is also labeled as CBS1-8-13. The Contract serves an offer to buy a real estate. This document confirms the Buyer's commitment to purchase the property for a price the two parties agreed upon. It also records the terms and conditions of the transaction.

People Also Ask about

How do I write a contract agreement for a house?

How to draft a purchase agreement Name and contact information for buyer and seller. The address of the property being sold. The price to be paid for the property. The date of transfer. Disclosures. Contingencies. Signatures.

Which are the four elements required for a valid contract real estate?

REQUIREMENTS OF A REAL ESTATE CONTRACT The contract must be in writing and there must be an offer and an acceptance of said offer. The contract must have mutual assent and legal purpose. The contract must identify all of the parties involved. The contract must identify the subject property.

What is considered a contract in Colorado?

In order to have a valid legal contract, both parties need to be giving valid consideration to the other party. If someone agrees to give another person something for nothing or for something that cannot legally be considered, the contract will not be enforced by a court.

What are real estate contracts commonly called?

A purchase agreement is the most common type of real estate agreement. This contract specifies the details regarding the sale of property. It will include the address of the property, the price, names of both parties, signatures of both parties, and the closing date.

What is Rule F in Colorado real estate?

(f) A broker may omit part or all of the following provisions of the “Contract to Buy and Sell Real Estate”, or corresponding provisions in other Commission-approved forms, if such provisions do not apply to the transaction.

What is Colorado's standard residential purchase contract called?

If you're considering purchasing or selling a resale home (meaning an existing home rather than a new build home) in Colorado, the agreement under which you might purchase or sell the property is the Colorado Real Estate Commission's (“CREC”) Contract to Buy and Sell Real Estate (Residential).

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What is brokerage disclosure to?

Brokerage disclosure refers to the requirement for brokers to disclose certain information about their activities, fees, commissions, and any potential conflicts of interest to their clients and regulatory authorities.

Who is required to file brokerage disclosure to?

Brokers, dealer firms, and investment advisory firms that engage in securities transactions are typically required to file brokerage disclosure to relevant regulatory bodies.

How to fill out brokerage disclosure to?

To fill out brokerage disclosure, firms must gather relevant information regarding their fees, services, potential conflicts of interest, and fill out the required forms as specified by the regulatory authority, ensuring accuracy and completeness.

What is the purpose of brokerage disclosure to?

The purpose of brokerage disclosure is to promote transparency, ensure that clients are well-informed about the costs and risks associated with financial services, and to protect investors by providing critical information.

What information must be reported on brokerage disclosure to?

The brokerage disclosure must report information such as the types of services offered, fee structures, commission rates, conflicts of interest, and any other significant details that impact client decisions.