| Item | Value |
|---|---|
| Is an assignment legal here? | yes |
| What the matrix says about it | No CO wholesaling statute, BUT Colorado's Foreclosure Protection Act is one of the strictest in the country and captures purchases from owners in default. |
| Marketing rule the gate enforces | contract_only |
| What that means in practice | C.R.S. 12-10-201(6) defines 'real estate broker'; 12-10-201(6)(b)(I) exempts a person dealing with property they own. Market the contract. |
| What triggers a licence requirement | Acting for another for compensation (12-10-217). |
| Written seller disclosure required? | yes |
| Basis for the disclosure | No CO wholesaling statute; contract term. For pre-foreclosure, C.R.S. 6-1-1101 et seq. prescribes contract and disclosure duties. |
| Statutory wording required? | no |
| F5259 bucket | GO_WITH_CONDITIONS |
| Condition the gate enforces | Market the contract, not the property (C.R.S. 12-10-201/-217 turn on acting for another for compensation). |
| Verification status | PRIMARY_STATUTE |
| Attorney review required before first use? | yes |
| Lead class | Verdict |
|---|---|
| land | GO_WITH_DISCLOSURE |
| preforeclosure non owner occupied | GO_WITH_DISCLOSURE |
| preforeclosure owner occupied | NO |
| probate | GO_WITH_DISCLOSURE |
| tax delinquent | GO |
the whole grid · probate in CO · the disclosure blocks
Not legal advice. We are not a law firm and we do not draft documents for anyone else. A template is a starting point for a transaction you are a principal in; it is not a substitute for a lawyer licensed in the state the property sits in, and in several states the disclosure below has statutory wording that must be copied exactly. Have counsel read it before you sign.
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