COLORADO FORMS AND CONTRACTS QUESTIONS AND ANSWERS REAL/ VERIFIED| latest update 2024/25|

COLORADO FORMS AND CONTRACTS QUESTIONS AND ANSWERS REAL/ VERIFIED The buyer executes an inspection objection form on the inspection objection date. The seller does not respond by the inspection resolution date. The buyer asked for a repair to a cracked sewer line and a faulty gas valve on the furnace. They also wanted a broken window repaired. This home has fallen out of contract and is back on the market. Does the seller need to disclose the sewer line and gas valve to the next buyer? Yes these are latent defects It is best practice but not required. Yes but only if asked No since they did not discover these things themselves. - -Yes these are latent defects (+) It is best practice but not required. Yes but only if asked No since they did not discover these things themselves. All owners of a house listed on the county deed must sign an exclusive right to sell agreement. True False - -True (+) False Broker Betty is taking a listing from a seller. Betty executes the exclusive right to buy with a 90 day holdover period. Betty instructs the seller to fill out the sellers property disclosure. The seller reads the document but refuses to sign or disclose. When Betty was previewing the home a neighbor informed her that the home was damaged by a flood some years back. When Betty asks the seller about the flood the seller doesn't want to discuss it. Is Betty required to give the seller the sellers property disclosure? yes no only if the seller agrees to fill one out maybe - -yes (+) no only if the seller agrees to fill one out maybe Broker Betty is taking a listing from a seller. Betty executes the exclusive right to buy with a 90 day holdover period. Betty instructs the seller to fill out the sellers property disclosure. The seller reads the document but refuses to sign or disclose. When Betty was previewing the home a neighbor informed her that the home was damaged by a flood some years back. When Betty asks the seller about the flood the seller doesn't want to discuss it. Is Betty required to tell a buyer about th