Do 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 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 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.
Read MoreAre you about to co-own real property such as a house with a roommate, significant other, or business partner? One of the best ways to ensure a fair and equitable outcome no matter how well the relationship ends is through a tenancy in common. This blog walks you through Colorado law on tenancy in common, the best legal fallout plan for real property co-ownership.
Read MoreIf you are looking to sell or purchase real estate with a septic system in the state of Colorado, it is important for you to know the local transfer of title requirements, so you don’t get stuck in a sh--, well let’s just say, less than ideal situation. Many Colorado counties have enacted specific regulations regarding septic system requirements for permitting, including certification before a home can be sold, making understanding title transfer even more complicated.
Read MoreFor many, purchasing a home is the largest transaction a person enters in their life. With real estate brokers, appraisers, mortgage lenders, and sellers all feeding you information during the home purchase process, you may resist adding attorneys to the mix. However, this blog explains why having an attorney quickly review your purchase contract in a Colorado home sale might save you time, money, and stress in the long run.
Read MoreIs your landlord withholding your security deposit in Denver, Boulder, Adams or Arapahoe County, or anywhere else along the Front Range? Do you need to know your rights regarding your security deposit? If so, read this blog to see if you need legal help with your security deposit return or dispute.
Read MoreA security interest lien is a good way for landlords to secure interests in their commercial property. Whether a tenant has already defaulted on a lease or you simply want assurances of your ability to collect payments in the future, a security interest lien can be used to protect you if your tenant cannot or will not pay their rent. The Uniform Commercial Code (“UCC”) allows landlords to protect their property interests using a lien, and certain UCC sections outline the requirements and rights of security interest liens.
Read MoreThe idea behind property disclosures is to ensure that a buyer knows what they are purchasing. A seller of real estate cannot be deceitful when attempting to sell a property. A buyer must know what “as-is” means before purchasing a property. For example, if a seller knows about a sewage repair that needs to be made on the house, this must be disclosed. It is unfair for a buyer to have to purchase a house without knowing about the mess that needs to be cleaned up. Honesty is the best policy for sellers and buyers when purchasing real estate in Colorado.
Read MoreIn Colorado, a real estate agent can have two types of relationships with buyers or sellers. They can either be a transaction broker, or they can be an agent that represents one specific party in a real estate transaction. The two roles have some key differences, and it is important that you, as the buyer or seller, know who you’re dealing with to ensure a smooth transaction. This blog breaks down the key differences and demonstrates why seeking out an attorney may still be in your best interests when buying or selling real estate.
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 lender or a borrower facing a foreclosure action, or are you a home buyer looking to purchase a foreclosed home? Are you unsure of how the foreclosure system works in Colorado? If that’s the case, this blog will help you to navigate the foreclosure process and explain some of the key concepts of the system in Colorado.
Read MoreAre you and your fellow property owners butting heads? Can you never seem to agree on the use of the building? Do you constantly find yourself carrying more than your fair share of the burden of property ownership? A partition action may be just what you need.
Read MoreOne of the reasons why Colorado is an ideal place to invest in real estate is the only state in the United States that uses the “public trustee” system for foreclosures. This makes foreclosures very inexpensive and thus, an ideal place for real estate lenders. But because it is unique, it’s also confusing. This blog analyses Colorado’s public trustee system and discusses your foreclosure rights as a lender, borrower, or junior lienor.
Read MoreDo you own multiple investment properties in the Denver/Boulder area or thinking about starting to invest in real estate? If so, you may want to consider forming an LLC to limit your liability and to protect your personal assets. Since 2016, GLO has specialized in helping people along the Front Range form LLCs to invest in Colorado real estate.
Read MoreDo you have a neighbor’s tree growing into or over your property? Are you not sure what you can do to prevent damage to your property caused by an encroaching or boundary tree? If so, read this blog about Colorado tree law and what rights you may have to prevent damage caused by your neighbor’s tree.
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.
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