What Is the Effective Date of a Real Estate Contract in Colorado?

This question is about Colorado Real Estate Purchase Agreement

What Is the Effective Date of a Real Estate Contract in Colorado?

In Colorado, the effective date of a real estate contract is the date and time the buyer and seller have agreed to the contract terms and have executed it. This typically occurs on the day of closing and is when the buyer takes possession of the property.

The information for this answer was found on our Colorado Real Estate Purchase Agreement answers.