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Inspection paragraph.
Paragraph 10 of the Colorado Real
Estate Commission-approved Contract to Buy and Sell Residential
Real Estate form allows for the buyer to inspect the property
within a given time (Objection Deadline) and for buyer
and seller to agree by a given time (Resolution Deadline)
on repairs, if any, to be completed by closing. Buyer's
inspection rights are virtually unlimited under this provision.
Sellers Property Disclosure form
The Seller must complete a Colorado Real Estate Commission-approved
form, called a Seller's Property Disclosure, that asks
seller about appliances, electrical/plumbing/heating
systems, roof and site conditions. Buyer receives a
copy of this form and may rely on seller's representations
in determining whether property condition is satisfactory.
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