What Is Psychologically Impacted Property?
Colorado, like most states of the union, has adopted a statute that excuses sellers of residential real estate and their brokers from having to disclose certain facts that may psychologically stigmatize real property. Unfortunately, Colorado does not have a bright line rule as to what psychologically-stigmatizing circumstances do not need to be disclosed versus thoseRead More
Analysis of Colorado Premises Liability Act and Negligence Framework
Like many brokers, your typical day at work involves showing homes to potential buyers. Imagine this scenario: Your client shows up at the appointed time and unexpectedly appears with a guest. You all enter the home. The client and guest head off in different directions and you can’t be with both at the same time. You decide to stay withRead More
Abandoned Renter Property
In Colorado, professional property managers are required to have a real estate license. Colo. Rev. Stat. § 12-61-101(2)(a)&(b); see also CP 27 (Commission Position on the Performance of Residential Leasing Property Management Functions Adopted August 1998 – Revised August 2013). Brokers acting as property managers find themselves in unique situations, often times facing a dilemmaRead More