Buying 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 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 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 MoreThe entrepreneurial spirit drives individuals to transform innovative ideas into thriving ventures, and for aspiring business owners in Colorado, this journey begins with a critical decision: choosing the right legal structure. This foundational choice dictates everything from personal liability and tax obligations to capital raising and internal operations. Many entrepreneurs are unaware that a misstep at this initial stage can lead to significant financial exposure, operational inefficiencies, and even legal disputes, potentially undermining their business's very success.
Read MoreA vested property right guarantees a developer’s right to follow through with their plan even if future zoning rules would prohibit that type of development. The ability to obtain vested property rights is a matter of public policy. Vested property rights provide stability and follow-through to developers while stimulating economic growth and encouraging the public and private sectors to cooperate in land use planning.
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 MoreAre you a prospective business owner in Colorado looking to limit your tax liability? The type of entity you form has enormous tax implications, so you must be familiar with your options to choose the right one for you.
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 MoreBuying or selling a mobile home in Colorado? Are you a tenant of a Mobile Home park that is being sold or purchased? If so, read this blog to understand the revisions to the Colorado’s Mobile Home Act and how it may impact you.
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 a lender or creditor looking to extend a line of credit for the investment of Colorado real estate in Denver, Boulder, Adams or Arapahoe County? Have you borrowed money for your Colorado small business? If so, you want to be familiar with Colorado’s usury laws that prohibit excessive interest rates. This blog analyzes Colorado’s usury law regarding nonconsumer (business) loans so you can ensure your loan complies and doesn’t have an illegal, excessive interest rate.
Read MoreQuiet title actions are legal proceedings where a landowner seeks legal protection over their right to possess or use land. Quiet title actions are common when a landowner’s neighbor is using their land against their will and when a land survey reveals that a property line is different than the landowner and their neighbor previously thought.
Read MoreDo you own investment property in Denver, Boulder, Adams or Arapahoe County? Do you plan on buying or selling your Colorado investment real estate? If so, you should know about 1031 like kind exchanges. Read this blog to learn how this one tax rule could save you thousands of dollars investing in Colorado real estate.
Read MoreA B Corporation is perfect for entrepreneurs or startups in the Dever/Boulder area looking to start a sustainable business and improve the corporate landscape. This blog discusses B Corps, a kind of business that balances purpose and profit and considers sustainability and its environmental impact in addition to maximizing shareholder profit.
Read MoreAre you buying or selling your home in Denver, Boulder, Adams or Arapahoe County, or anywhere along the Front Range? If so, do you know about required disclosures and what must a seller disclose about the property they are selling? A seller can be liable for failing to disclose. This blog will briefly guide you through Colorado’s real estate disclosure laws so you can avoid future liability.
Read MoreThis blog explains the process of applying for a small business loan through the Paycheck Protection Program (PPP), including eligibility and repayment requirements. Bottom line: If you’re a small business owner whose business is struggling because of the coronavirus, you should apply as soon as possible for a PPP loan.
Read More
