
AI Colorado Purchase Agreement
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Colorado Contract to Buy and Sell Real Estate
This Contract to Buy and Sell Real Estate (this "Contract") is made as of [[Contract Date]] ("Effective Date"), by and between [[Seller Full Legal Name(s)]] ("Seller") and [[Buyer Full Legal Name(s)]] ("Buyer"). Seller agrees to sell and convey to Buyer, and Buyer agrees to purchase from Seller, the real property described below, together with all improvements, fixtures, and appurtenances, on the terms and conditions set forth herein.
Colorado is an attorney-opinion-not-required state. Closing must be conducted through a licensed Colorado title company or closing agent. Earnest money must be held in trust by a qualifying escrow agent. This form is modeled on the Colorado Real Estate Commission (CREC) approved Contract to Buy and Sell Real Estate., -
1. Parties
Seller: [[Seller Full Legal Name(s)]]
Address for notices: [[Seller Notice Address]]
Phone: [[Seller Phone]] Email: [[Seller Email]]
Buyer: [[Buyer Full Legal Name(s)]]
Address for notices: [[Buyer Notice Address]]
Phone: [[Buyer Phone]] Email: [[Buyer Email]]
If either party is an entity, the signatory represents authority to bind the entity., -
2. Property
Property Address: [[Full Street Address]], [[City]], Colorado [[ZIP Code]]
Legal Description: [[Full Legal Description from Deed or Title Commitment or "See Exhibit A attached"]]
Parcel / Tax ID: [[Parcel or Schedule Number]]
The Property includes all fixtures and improvements now on the Property and all rights, privileges, and appurtenances belonging to the Property, including water rights and mineral rights if owned by Seller, unless excluded below.
Included Items: All permanently installed fixtures, built-in appliances, window coverings, light fixtures, ceiling fans, attached floor coverings, central heating and cooling systems, water heaters, garage door openers and remotes, mailbox, and any items listed here: [[Additional Included Items or "Standard fixtures and improvements"]]
Excluded Items: [[List any personal property or fixtures Seller will remove, e.g. specific chandeliers or "None"]], -
3. Purchase Price and Earnest Money
Purchase Price: $[[Purchase Price Amount]]
Earnest Money Deposit: $[[Earnest Money Amount]] (due within [[Earnest Money Due Days, e.g. 3]] business days after Contract acceptance)
Earnest money shall be deposited with and held in trust by: [[Title Company / Qualified Escrow Agent Name and License Info]]
Payment of Purchase Price at Closing:
- Earnest money applied to purchase price
- Additional cash due at closing: $[[Cash at Closing Amount]]
- New loan proceeds: $[[Loan Amount]]
- Seller financing (if any): [[Describe terms or "None"]]
- Other credits or prorations: [[Describe or "Standard prorations"]], -
4. Financing Contingency
This Contract is contingent upon Buyer obtaining a written commitment for a new loan on terms acceptable to Buyer on or before the Loan Approval Deadline: [[Loan Approval Deadline Date]].
If Buyer is unable to obtain financing after good-faith efforts, Buyer may terminate this Contract by written notice to Seller on or before the deadline and receive a full refund of earnest money. If Buyer does not terminate and fails to close for financing reasons, Buyer is in default.
Loan Type: [[Conventional / FHA / VA / USDA / Other]]
Buyer has pre-approval: [[Yes, lender [[Lender Name]] / No, to be obtained]], -
5. Appraisal Contingency
This Contract is contingent upon the Property appraising for at least the purchase price on or before the Appraisal Deadline: [[Appraisal Deadline Date]].
If the appraisal is lower than the purchase price, Buyer may:
- Terminate and receive refund of earnest money; or
- Renegotiate with Seller; or
- Proceed without the contingency by written notice.
If Buyer does not terminate by the deadline, the appraisal contingency is waived., -
6. Inspection and Due Diligence Contingency (Inspection Objection Deadline)
Buyer shall have the right to conduct inspections of the Property, including but not limited to general home inspection, radon, sewer scope, roof, HVAC, electrical, plumbing, and any other inspections Buyer deems appropriate.
Inspection Objection Deadline: [[Inspection Objection Deadline Date]]
By the Inspection Objection Deadline, Buyer must deliver to Seller a written notice of any objections based on inspection results. Seller may, within [[Seller Response Period, e.g. 3]] days, agree to remedy, offer a credit, or refuse. If the parties do not reach agreement, either party may terminate and earnest money shall be returned to Buyer (subject to any agreed release).
If Buyer does not deliver timely written objections, the inspection contingency is waived and Buyer accepts the Property in its current condition.
Buyer acknowledges the right and duty to conduct independent inspections. Seller makes no warranties beyond the disclosures provided., -
7. Title and Survey
Seller shall deliver to Buyer, at Seller's expense, a current title commitment for an owner's policy of title insurance in the amount of the purchase price, issued by a title company licensed in Colorado.
Title Review Deadline: [[Title Review / Objection Deadline Date]]
Buyer may object in writing to any title exceptions or defects by the Title Review Deadline. Seller shall have [[Seller Cure Period]] days to cure or remove the objected items. If Seller cannot or will not cure, Buyer may terminate and receive refund of earnest money.
Seller shall convey marketable title by general warranty deed (or special warranty deed if customary in the area), free and clear of liens and encumbrances except standard permitted exceptions and those approved by Buyer.
Survey: [[New Improvement Location Certificate (ILC) or ALTA survey to be obtained at [[Buyer / Seller]] expense / Waived]], -
8. HOA / Common Interest Community Documents
If the Property is subject to a homeowners association or common interest community:
Seller shall provide the required resale disclosure package (including declarations, bylaws, rules, financial statements, and meeting minutes) within the time required by C.R.S. § 38-33.3-209.4 or the Contract.
HOA Document Review / Objection Deadline: [[HOA Docs Deadline]]
Buyer may terminate if the documents reveal material adverse information not previously disclosed., -
9. Closing and Possession
Closing Date: [[Closing Date]]
Possession Date and Time: [[Possession Date]] at [[Time, e.g. 5:00 PM]] (or upon recordation of deed if earlier or as agreed)
Closing shall occur at the offices of, or through escrow with, a licensed Colorado title company: [[Title Company / Closing Agent Name and Address]]
At closing:
- Seller shall deliver the deed, keys, and all required documents.
- Buyer shall deliver the balance of the purchase price.
- Earnest money shall be disbursed per the closing statement.
- Prorations for taxes, HOA dues, rents, and utilities shall be made as of closing., -
10. Earnest Money in Trust
Earnest money shall be held by a qualifying escrow agent or title company in a trust account separate from the agent's operating funds, in accordance with Colorado real estate license law (C.R.S. § 12-10-201 et seq.) and CREC rules. The escrow agent shall not release the earnest money except upon mutual written agreement of the parties, court order, or per the terms of this Contract upon termination or closing., -
11. Default and Remedies
If Buyer defaults, Seller may terminate and retain the earnest money as liquidated damages (not a penalty), or pursue other remedies available at law or equity.
If Seller defaults, Buyer may terminate and receive return of earnest money plus reimbursement of reasonable out-of-pocket costs, or pursue specific performance or other remedies., -
12. Additional Contingencies (if any)
Sale of Buyer's Current Home: [[Contingent on sale of Buyer's home by [[Deadline]] / Not contingent]]
Other Contingencies: [[Describe any additional contingencies or "None"]], -
13. Required Disclosures and Addenda
The following are attached or to be provided:
- Colorado Property Disclosure Statement (or CREC SPD)
- Lead-Based Paint Disclosure and Pamphlet (if pre-1978)
- HOA documents (if applicable)
- Mineral estate disclosure (if applicable)
- Any other required or agreed addenda: [[List or "Standard CREC addenda as applicable"]], -
14. Representations and Warranties
Seller represents that Seller has the authority to sell the Property and that the information in the Property Disclosure is true and complete to Seller's actual knowledge.
Except as expressly set forth in this Contract or required disclosures, Seller makes no other warranties or representations. The Property is sold in "as-is" condition subject to the inspection rights and contingencies herein., -
15. Governing Law and Venue
This Contract is governed by the laws of the State of Colorado. Any dispute shall be resolved in the state or federal courts located in the county where the Property is situated., -
16. Entire Agreement; Amendments; Counterparts
This Contract, including all exhibits and addenda, constitutes the entire agreement and supersedes all prior negotiations and representations. It may be amended only by written instrument signed by both parties. Electronic signatures are acceptable. This Contract may be executed in counterparts., -
17. Signatures
SELLER
________________________________________
[[Seller Full Legal Name(s)]]
Date: [[Date]]
________________________________________
[[Seller 2 Full Legal Name if applicable]]
Date: [[Date]]
BUYER
________________________________________
[[Buyer Full Legal Name(s)]]
Date: [[Date]]
________________________________________
[[Buyer 2 Full Legal Name if applicable]]
Date: [[Date]], -
18. Acceptance by Seller
Seller accepts this offer on the terms stated above on [[Acceptance Date]].
Broker / Agent Information (if applicable)
Listing Broker: [[Listing Brokerage / Agent Name]] License: [[License #]]
Selling Broker: [[Buyer Brokerage / Agent Name]] License: [[License #]], -
Colorado Purchase Agreement Statutory References
| Topic | Authority | Key Requirement | |
|---|---|---|---|
| , , - | , , , - | , , , , - | |
| Real estate broker licensing and escrow | C.R.S. § 12-10-201 et seq. | Brokers must use approved contracts; earnest money in trust | |
| Title insurance and closing | C.R.S. § 10-11-101 et seq. | Licensed title companies handle closings | |
| Common interest community resale | C.R.S. § 38-33.3-209.4 | Seller must provide specific HOA package | |
| Seller disclosure | C.R.S. § 38-35.7-101 | Required material defect disclosure | |
| Mineral estate | C.R.S. § 38-35.7-102 | Disclosure of severed minerals | |
| General contract and deed formalities | C.R.S. Title 38, Article 35 | Written contract and proper deed required | , - |
Disclaimer and Sources
Template, not professional legal advice. This document is a sample contract modeled on the Colorado Real Estate Commission Contract to Buy and Sell Real Estate. It is not a substitute for the official CREC form or legal advice. All parties should have the contract reviewed by a licensed Colorado real estate broker and, if desired, an attorney. Laws and forms are subject to change. Use only current official forms for actual transactions.
Sources (as of June 2026):
- Colorado Real Estate Commission (CREC) approved Contract to Buy and Sell Real Estate and related forms
- C.R.S. § 12-10-201 et seq. (Real Estate Brokers)
- C.R.S. § 38-35.7-101 et seq. (Seller disclosures)
- C.R.S. § 38-33.3-101 et seq. (Common Interest Ownership)
- Colorado Title Insurance Act and closing practices
- Federal and state fair housing and consumer protection laws, -
*End of Colorado Contract to Buy and Sell Real Estate*
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Colorado Purchase Agreement: provide property, price, contingencies, parties, dates and get a complete colorado purchase agreement in minutes - including state contingencies, disclosure timing, earnest-money rules. Free AI workflow, no signup required to preview.
Residential purchase & sale agreement with contingency timeline and addenda.
What good looks like.
What it must include
- 01Parties and legal property description, purchase price and earnest-money deposit, financing and appraisal contingencies, inspection/due-diligence period, title and escrow terms, contingencies (sale of buyer's home, HOA docs), closing/possession date, default/remedies, and required disclosures.
Signals of expertise
- ★Uses standard contingency framework (financing, appraisal, inspection, title) with deadlines
- ★references local standard forms (e.g., CAR RPA) and escrow/title customs
- ★addresses earnest-money disposition on default
Common mistakes
- ×Open-ended contingencies with no deadlines
- ×missing earnest-money/default terms
- ×ignoring required seller disclosures
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