As a real estate investor in Colorado, especially one focused on multi-unit dwellings, townhomes, or properties within planned communities, you're likely aware that shared infrastructure is common. However, many investors overlook the critical importance of a "Party Wall Agreement" until issues arise. The problem is that without a clear understanding of these legally binding documents…
Read MoreAre you planning on buying a home in the Denver/Boulder area? Do you know how to navigate through inspection resolutions, earnest money, and party wall agreements in Adams or Arapahoe County? Purchasing real estate in Colorado can be a long and stressful process, but GLO is here to help. This blog guides you through these residential purchase issues so you can be closer to owning your own home.
Read MoreAre you buying or selling a home on the Front Range? The Colorado Real Estate Commission requires all real estate brokers use a standard contract for the buying and selling of a home. Thus, you should read this blog to become more familiar with this contract before buying or selling your Colorado home.
Read MoreAre you buying or selling a home in Colorado? Are you familiar with the various ways to receive financing outside of a conventional mortgage? Have you ever considered Seller Financing to secure your transaction? GLO specializes in assisting home buyers and sellers by counseling them on their options to maximize investment and to ensure they understand one of the largest investments of their lives.
Read MoreAre you looking to buy or sell residential real estate in Colorado? Colorado has over eight thousand (8,000) HOAs throughout the state. So, if you are hoping to buy or sell real estate, here are a few helpful tips to facilitate a seamless transaction.
Read MoreAre you looking to buy residential property in the Denver/Boulder Metro area? If so, make sure you own your Front Range property outright. Read this blog to learn three tips on ensuring your ownership of the property. This blog discusses key points on recording title in Colorado, title insurance, and owners extended coverage.
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 subdividing your property into a duplex or triplex? Are you developing apartments or condominiums? Are you wondering how to allocate the owner or tenant’s rights regarding a shared wall and any potential conflicts, maintenance, or allocation of costs? GLO can prepare new agreements for people buying a home, subdividing property, condominiums, and developers.
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 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 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 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 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 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 MoreAre you in an extended boundary dispute with your neighbor? Worried that their encroachment might ruin your enjoyment of your property? Simply not sure who owns the disputed parcel? This blog may help quell your fears about the person trying to steal your land. It will also help guide you through the long, complex process of an adverse possession action to quiet title if you think you may be entitled to the property by either record ownership or adverse possession.
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 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 MoreAre you a landlord, tenant, or someone involved in real estate that has been affected by COVID-19? If so, you may be wondering how your contract is affected by the pandemic. A party to a contract can be released from performance of that contract due to unforeseeable circumstances if the contract contains a force majeure clause. If the contract does not contain a force majeure clause, you may be able to get out of your obligation through frustration of purpose or impossibility, although these are harder to reach in court.
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