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Colorado Residential Purchase Agreement

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Updated May 21, 2025

A Colorado residential purchase agreement is a document negotiated by the buyer and the seller of a residential property. This agreement contains the terms and conditions of the transaction, including the sale price, financing options, the option to terminate, the closing of the sale, and other details that legally bind the parties together.

State Laws

Buyer’s Obligations – The buyer is responsible for the following findings:[1]

  • If the property was the site of a natural death, suicide, homicide, or any other crime classified as a felony; or
  • If any previous owner tested positive for HIV or any other disease not transmittable through occupancy.

Broker’s Disclosure – If the broker, on behalf of the seller, has knowledge of material defects or environmental hazards on the property, it must be disclosed to the buyer.[2]

Seller’s Disclosures (11)

Green Disclosure (conditional)- For properties that contain or are equipped with energy-related features and technologies.[3]

Download: PDF
Lead-Based Paint Pamphlet (conditional) – Gives general information about lead-based paint for properties built before 1978.[4]

Download: PDF
Lead-Based Paint Disclosure (conditional) – In accordance with the U.S. Consumer Product Safety Commission, the seller must provide a lead-based paint disclosure form to a potential buyer.[5]

Download: PDF
Methamphetamines (required)- 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.[6]
Special Taxing District (required) – A disclosure statement about special taxing districts must be included in the seller’s disclosure form.[7]
Common Interest Community (conditional) – If the property is located in a common interest community, a disclosure statement must be included in the seller’s property disclosure form.[8]
Radon Disclosure (required)– 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.[9]

Download: PDF
Radon Brochure (required) – Sellers must provide sellers with a copy of the Dept. of Health & Environment’s Brochure on Radon and Real Estate.[10]

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Seller’s Property Disclosure (required) – 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.[11]

Download: PDF
Potable Water (required) – The seller must disclose the source of their water in the property disclosure.[12]
Transportation Projects (conditional)- If there are any transportation projects that are underway nearby, they must be mentioned in the property disclosure.[13]

Sample

Download: PDF, MS Word, ODT

Video

Sources

  1. CO Rev Stat § 38-35.5-101
  2. CO Rev Stat § 12-10-404(3)(a)
  3. CO Rev Stat § 38-35.7-106(1)
  4. 42 U.S. Code § 4852d(a)(1)(A)
  5. 42 U.S. Code § 4852d(a)(1(B)
  6. CO Rev Stat § 38-35.7-103
  7. CO Rev Stat § 38-35.7-101
  8. CO Rev Stat § 38-35.7-102
  9. CO Rev Stat § 38-35.7-112(2)(a)
  10. CO Rev Stat § 38-35.7-112(2)(b)(II)
  11. CO Rev Stat § 38-35.7
  12. CO Rev Stat § 38-35.7-104
  13. CO Rev Stat § 38-35.7-105