Colorado Real Estate Purchase Agreement

The Colorado residential real estate purchase agreement (“contract to buy and sell a residential property”) is a contract that outlines the terms of a residential property deal between a buyer and a seller. It may only be used for residential properties where construction has been completed.

Required Seller Disclosures in Colorado

Residential real estate purchase agreements normally contain promises and provisions guaranteeing a property’s condition. In some states, sellers are required to provide additional documentation guaranteeing the property’s condition. While other states require the seller to disclose a specific type of issue on the property—such as a material defect. In Colorado, you will need to complete the following paperwork in addition to the purchase agreement:

Sellers Property Disclosure. Colorado’s official form for disclosing any known issues that could negatively impact a home’s value or pose an unreasonable risk to the buyers’ safety or health. (CO Rev Stat § 38-35.7)

Green Disclosure Form. Completed by the seller, this form covers any energy-related property additions and/or issues. (Green Disclosure Form)

Methamphetamine Lab Disclosure. Sellers are required to disclose if they know the property had previously been used for the production of methamphetamines. (CO Rev Stat § 38-35.7-103)

Potable Water Disclosure. Sellers are required to disclose the source of their water. (CO Rev Stat § 38-35.7-104)

Transportation Projects Disclosure. Completed by the seller, if they are aware of the existence of any proposed transportation project that affects or is expected to affect the real property. (CO Rev Stat § 38-35.7-105)

Common Interest Community Disclosure. Sellers are required to disclose if the property resides in a common interest community. (CO Rev Stat § 38-35.7-102)

Special Taxing District Disclosure. Sellers are required to disclose if the property resides in a special taxing district. (CO Rev Stat § 38-35.7-101)