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Colorado Residential Purchase and Sale Agreement

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Colorado Residential Purchase and Sale Agreement

Updated September 20, 2023

A Colorado residential purchase and sale agreement is a document negotiated by two parties, a buyer and a seller, to execute a residential property transaction. This agreement contains the terms and conditions of the arrangement between the two parties, including price, financing options, option to terminate, specifics regarding the closing of the sale, any applicable contingencies, and other details that legally bind the parties together. The State requires sellers to provide a disclosure statement with a Colorado residential purchase and sale agreement notifying the buyer of the condition of the property as well as any previous or existing issues.

Table of Contents

Real Estate Commission

The following form is the 2022 version and provided by the Colorado Real Estate Commission for use by the general public.


Colorado Real Estate Commission Purchase Agreement

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Disclosures (5)


Green Disclosure – For properties that contain or are equipped with energy-related features and technologies.

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Lead-Based Paint Disclosure – In accordance with the U.S. Consumer Product Safety Commission, the seller must provide a lead-based paint disclosure form to a potential buyer.

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Methamphetamines (§ 38-35.7-103) – It is required that it be stated in the purchase agreement that the Buyer is entitled to conduct testing on the property to see if it was ever used as a methamphetamine laboratory.


Radon Disclosure (C.R.S. § 38-35.7-112) – Requires sellers to disclose any knowledge of radon concentrations at the property and issue a warning statement on the dangers of radon to prospective sellers. In addition, sellers must provide sellers with a copy of the dept. of health & environment’s brochure on radon and real estate.

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Seller’s Property Disclosure (§ 38-35.7) – An all-encompassing disclosure form that covers each individual state-mandated disclosure requirement including taxing districts, common interest community, meth lab, potable water, transportation projects, and oil and gas activity.

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Potable Water (§ 38-35.7-104) – The seller must disclose the source of their water in the property disclosure.


Transportation Projects (§ 38-35.7-105) – If there are any transportation projects that are underway nearby, they must be mentioned in the property disclosure.


Commercial Property


Commercial Purchase AgreementUse to buy or sell commercial property.

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