Non-disclosure agreements (NDAs) can be a powerful tool used to protect a company’s secret and proprietary information that gives it a competitive edge. This blog guides you through NDAs, and related concepts like liquidated damages and trade secrets, so you know how likely a court would be to enforce your NDA.
Read MoreSigning the wrong document is a common mistake in real estate contracts. However, if it goes undiscovered it can cause major issues for sellers, buyers, and brokers.
Read MoreA Statement of Authority vests an individual with unambiguous authority to hold and convey real property on behalf of an entity. Under Colorado law, an entity includes any corporation, government or governmental subdivision or agency, business trust, estate, trust, limited liability company, partnership, association, or other legal entity. Entities are allowed to hold and convey real property in the entity name in Colorado which is helpful for business versatility and estate planning.
Read MoreAre you a buyer or seller in Colorado who’s executed a Contract to Buy or Sell Real Estate? It’s an exciting time for either party and the sale may feel like a done deal at signing, but unfortunately issues can arise between signing the Contract and closing. This Blog discusses Section 18.1 of the Contract, which outlines specific steps that must be taken by both buyer and seller in the event of damage to the property and a consequent insurance claim.
Read MoreThis is what you need to know about all kinds of business insurance, including general liability, professional liability, business owner’s policies (“BOP”), property insurance, workers’ compensation, commercial auto insurance, and errors and omissions (“E&O”).
Read MoreBuying a business in Colorado or becoming the majority stakeholder of a business? If so, read this blog to learn how you can utilize a stock/interest purchase agreement, an asset purchase agreement, and/or the overall agreement of the business to maximize your purchase and minimize risk. GLO has extensive experience helping business owners and investors in purchasing a business.
Read MoreAre you a Colorado homeowner or developer trying to get work done on your property? Looking for the best person for the job, but don’t know what to look for or who to trust? Letting strangers on your property for any reason--but especially to make permanent changes to it-- is a nerve-wracking process. Use this blog as your guide to hire the best, and most trustworthy, person for the job!
Read MoreApplying for rentals may seem like an easy process, but rental applications are subject to a number of limitations and requirements under Colorado law. Landlords and tenants should be familiar know about the laws that relate to fees, disclosures, notifications, credit checks, background checks, criminal records, rental history, and rejections.
Read MoreUnlike residential leases, commercial leases usually include provisions for tenants to pay property taxes and insurance for the property as well as common area maintenance (“CAM”) fees. Leases which include taxes, insurance and CAM fees are called “Triple Net” or “NNN” leases and are the most common leases.
Read MoreStarting a business in Colorado? If you’re starting a new business, it is important to know the ins and outs before setting out on your own. Starting a business can have many different implications depending on what kind of business entity it is, how many employees it will have, and what the business does. GLO has extensive experience helping individuals interested in starting new businesses.
Read MoreAre you a Colorado business owner looking to sell your company? Are you an investor looking to buy businesses around the Front Range? If so, this blog will show how you can utilize a stock/interest purchase agreement in your sale or purchase, and effectively negotiate the terms of your agreement. GLO has extensive experience helping business owners and purchasers with stock and/or interest purchase agreements.
Read MoreTired of the city telling you how to use your own land? Zoning Violations? Can’t sure what rights you have to develop your land? This blog will introduce and discuss some of the legal issues regarding those pesky Colorado land use and zoning ordinances so you can start using your property your way.
Read MoreDo you currently own or plan on starting your own small business in Denver, Boulder, or anywhere along the Front Range? Do you need help filing your articles of incorporation or developing an operating agreement for your Colorado limited liability company? If so, read this blog to find out about more about LLCs and why it is the perfect business model for your small business.
Read MoreAre you a real estate investor waiting to sell your rental property? Are you a homeowner wondering if you’re getting the most out of the sale of your home or investment? This blog aims to help guide homeowners and investors through the complex world of capital gains so they can maximize their profit.
Read MoreA lease is an enforceable contract that should be specifically fitted to each unique situation. There are many lease templates available, but the process is binding on whoever signs the contract, so you had better cover your bases. This blog helps cover the basics in residential leases.
Read MoreAre you looking to buy a property that has an existing easement on it? Do you want to establish an easement with your neighbor? Do you want to terminate an existing easement? This blog provides an overview of easements in Colorado.
Read MorePotential releases or threatened releases of hazardous substances can subject a landowner to significant environmental liability, so it is crucial to identify potential hazards before investing in commercial real estate. Under the Comprehensive Environmental Response, Compensation, and Liability Act (“CERCLA”), there is broad discretion as to who can be a responsible party of environmental hazards. Fortunately for real estate investors, the Environmental Protection Agency has identified steps that can be taken to minimize environmental liability.
Read MoreTypically, Buyer is liable for all closing costs. Seller Concessions are closing costs that Seller pays instead. This includes property taxes, title insurance, loan origination fees, inspection fees, recording fees, appraisal fees, and attorney’s fees.
Read MoreAre you looking to buy or sale your home in Boulder, Denver, Adams or Jefferson County, or anywhere else along the Front Range, you could save thousands of dollars by not hiring a broker. “FSBO” means “for sale by owner,” and with sites like Zillow, it’s easier than ever. However, Zillow can’t save you from common pitfalls. Read this blog to learn how GLO can save you money and liability.
Read MoreBuilders of new construction are not required to use the Colorado Real Estate Commission form contract (“Colorado Form Contract”). The Colorado Form Contract is required to be used by real estate brokers in the transaction for previously owned homes to protect buyers and sellers from common disputes that arise in residential real estate transactions. Because these contracts are usually written by the builder’s attorney in the builder’s favor, the buyer is well advised to have their attorney review any contract for the purchase of new construction.
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