New and Updated Commission Contracts and Forms for 2021 are Available for Use: A Division Advisory

Colorado Department of Regulatory Agencies sent this bulletin at 01/01/2021 12:49 PM MST

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New and Updated Commission Contracts and Forms for 2021 are Available for Use

Effective January 1, 2021, updates have been made to three (3) of the Colorado Real Estate Commission standard contracts and forms,

Brokerage Duties Addendum to Property Management Agreement
Brokerage Duties Disclosure to Seller (REO and Non-CREC Approved Listing Agreements)
Post-Closing Occupancy Agreement

As well, there has been the addition of four (4) new contracts and forms related to the sale of a manufactured home.

Manufactured Home Contract to Buy and Sell (Lot Lease Only)
Manufactured Home Addendum to Contract to Buy and Sell Real Estate
Manufactured Home Contract Amend/Extend
Manufactured Home Counterproposal

It is essential that brokers remember they are required to be competent on all contracts and forms that they are using. Find the new and updated contracts and forms on the Division of Real Estate’s website.

Commission Contracts and Forms

2021 Redline Versions for Educational Purposes

Redline versions of the updated contracts and forms are available for you to compare and contrast the changes made from previous versions.