Common use of Colorado Foreclosure Protection Act Clause in Contracts

Colorado Foreclosure Protection Act. The Colorado Foreclosure Protection Act (Act) generally applies if (1) the 187 Property is residential (2) Seller resides in the Property as Seller’s principal residence (3) Buyer’s purpose in purchase of the 188 Property is not to use the Property as Xxxxx’s personal residence and (4) the Property is in foreclosure or Buyer has notice that any 189 loan secured by the Property is at least thirty days delinquent or in default. If all requirements 1, 2, 3 and 4 are met and the Act 190 otherwise applies, then a contract, between Buyer and Seller for the sale of the Property, that complies with the provisions of the 191 Act is required. If the transaction is a Short Sale transaction and a Short Sale Addendum is part of the Contract between Seller and 192 Buyer, the Act does not apply. It is recommended that Seller consult with an attorney.

Appears in 6 contracts

Samples: formfiles.justia.com, protrain.hs.llnwd.net, demo.bullformscolorado.com

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Colorado Foreclosure Protection Act. The Colorado Foreclosure Protection Act (Act) generally applies if (1) the 187 219 Property is residential (2) Seller resides in the Property as Seller’s principal residence (3) Buyerbuyer’s purpose in purchase of the 188 Property 220 is not to use the Property as Xxxxxbuyer’s personal residence and (4) the Property is in foreclosure or Buyer buyer has notice that any 189 loan secured 221 by the Property is at least thirty (30) days delinquent or in default. If all requirements 1, 2, 3 and 4 are met and the Act 190 otherwise 222 applies, then a contract, between Buyer buyer and Seller for the sale of the Property, that complies with the provisions of the 191 Act is required. 223 If the transaction is a Short Sale transaction and a Short Sale Addendum is part of the Contract between Seller and 192 Buyerbuyer, the Act 224 does not apply. It is recommended that Seller consult with an attorney.

Appears in 3 contracts

Samples: gallery-widgets.s3.us-west-2.amazonaws.com, u.realgeeks.media, esign.com

Colorado Foreclosure Protection Act. The Colorado Foreclosure Protection Act (Act) generally applies if (1) the 187 188 Property is residential (2) Seller resides in the Property as Seller’s principal residence (3) Buyer’s purpose in purchase of the 188 189 Property is not to use the Property as Xxxxx’s personal residence and (4) the Property is in foreclosure or Buyer has notice that any 189 190 loan secured by the Property is at least thirty days delinquent or in default. If all requirements 1, 2, 3 and 4 are met and the Act 190 191 otherwise applies, then a contract, between Buyer and Seller for the sale of the Property, that complies with the provisions of the 191 192 Act is required. If the transaction is a Short Sale transaction and a Short Sale Addendum is part of the Contract between Seller and 192 193 Buyer, the Act does not apply. It is recommended that Seller consult with an attorney.

Appears in 2 contracts

Samples: protrain.hs.llnwd.net, demo.bullformscolorado.com

Colorado Foreclosure Protection Act. The Colorado Foreclosure Protection Act (Act) generally applies if (1) the 187 228 Property is residential (2) Seller resides in the Property as Seller’s principal residence (3) Buyerbuyer’s purpose in purchase of the 188 229 Property is not to use the Property as Xxxxxbuyer’s personal residence and (4) the Property is in foreclosure or Buyer buyer has notice that any 189 230 loan secured by the Property is at least thirty (30) days delinquent or in default. If all requirements 1, 2, 3 and 4 are met and the 231 Act 190 otherwise applies, then a contract, between Buyer buyer and Seller for the sale of the Property, that complies with the provisions of 232 the 191 Act is required. If the transaction is a Short Sale transaction and a Short Sale Addendum is part of the Contract between Seller 233 and 192 Buyerbuyer, the Act does not apply. It is recommended that Seller consult with an attorney.. 234

Appears in 2 contracts

Samples: montrosecounty.granicus.com, montrosecounty.granicus.com

Colorado Foreclosure Protection Act. The Colorado Foreclosure Protection Act (Act) generally applies if (1) the 187 Property is residential (2) Seller resides in the Property as Seller’s principal residence (3) Buyer’s purpose in purchase of the 188 Property is not to use the Property as XxxxxBuyer’s personal residence and (4) the Property is in foreclosure or Buyer has notice that any 189 loan secured by the Property is at least thirty days delinquent or in default. If all requirements 1, 2, 3 and 4 are met and the Act 190 otherwise applies, then a contract, between Buyer and Seller for the sale of the Property, that complies with the provisions of the 191 Act is required. If the transaction is a Short Sale transaction and a Short Sale Addendum is part of the Contract between Seller and 192 Buyer, the Act does not apply. It is recommended that Seller consult with an attorney.

Appears in 1 contract

Samples: lightrailhomes.com

Colorado Foreclosure Protection Act. The Colorado Foreclosure Protection Act (Act) generally applies if (1) the 187 189 Property is residential (2) Seller resides in the Property as Seller’s principal residence (3) Buyer’s purpose in purchase of the 188 190 Property is not to use the Property as Xxxxx’s personal residence and (4) the Property is in foreclosure or Buyer has notice that any 189 191 loan secured by the Property is at least thirty days delinquent or in default. If all requirements 1, 2, 3 and 4 are met and the Act 190 192 otherwise applies, then a contract, between Buyer and Seller for the sale of the Property, that complies with the provisions of the 191 193 Act is required. If the transaction is a Short Sale transaction and a Short Sale Addendum is part of the Contract between Seller and 192 194 Buyer, the Act does not apply. It is recommended that Seller consult with an attorney.

Appears in 1 contract

Samples: www.housepad.com

Colorado Foreclosure Protection Act. The Colorado Foreclosure Protection Act (Act) generally applies if (1) the 187 229 Property is residential (2) Seller resides in the Property as Seller’s principal residence (3) Buyerbuyer’s purpose in purchase of the 188 230 Property is not to use the Property as Xxxxxbuyer’s personal residence and (4) the Property is in foreclosure or Buyer buyer has notice that any 189 231 loan secured by the Property is at least thirty (30) days delinquent or in default. If all requirements 1, 2, 3 and 4 are met and the 232 Act 190 otherwise applies, then a contract, between Buyer buyer and Seller for the sale of the Property, that complies with the provisions of 233 the 191 Act is required. If the transaction is a Short Sale transaction and a Short Sale Addendum is part of the Contract between Seller 234 and 192 Buyerbuyer, the Act does not apply. It is recommended that Seller consult with an attorney.. 235

Appears in 1 contract

Samples: montrosecounty.granicus.com

Colorado Foreclosure Protection Act. The Colorado Foreclosure Protection Act (Act) generally applies if (1) the 187 217 Property is residential residential, (2) Seller resides in the Property as Seller’s principal residence residence, (3) Buyerbuyer’s purpose in purchase of the 188 218 Property is not to use the Property as Xxxxxbuyer’s personal residence residence, and (4) the Property is in foreclosure or Buyer buyer has notice that any 189 219 loan secured by the Property is at least thirty (30) days delinquent or in default. If all requirements 1, 2, 3 3, and 4 are met and the Act 190 220 otherwise applies, then a contract, contract between Buyer buyer and Seller for the sale of the Property, Property that complies with the provisions of the 191 Act 221 is required. If the transaction is a Short Sale transaction and a Short Sale Addendum is part of the Contract between Seller and 192 Buyerbuyer, 222 the Act does not apply. It is recommended that Seller consult with an attorney.. X X

Appears in 1 contract

Samples: highnote-backend.s3.amazonaws.com

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Colorado Foreclosure Protection Act. The Colorado Foreclosure Protection Act (Act) generally applies if (1) the 187 216 Property is residential residential, (2) Seller resides in the Property as Seller’s principal residence residence, (3) Buyerbuyer’s purpose in purchase of the 188 217 Property is not to use the Property as Xxxxxbuyer’s personal residence residence, and (4) the Property is in foreclosure or Buyer buyer has notice that any 189 218 loan secured by the Property is at least thirty (30) days delinquent or in default. If all requirements 1, 2, 3 3, and 4 are met and the Act 190 219 otherwise applies, then a contract, contract between Buyer buyer and Seller for the sale of the Property, Property that complies with the provisions of the 191 Act 220 is required. If the transaction is a Short Sale transaction and a Short Sale Addendum is part of the Contract between Seller and 192 Buyerbuyer, 221 the Act does not apply. It is recommended that Seller consult with an attorney.

Appears in 1 contract

Samples: static1.squarespace.com

Colorado Foreclosure Protection Act. The Colorado Foreclosure Protection Act (Act) generally applies if (1) the 187 Property is residential (2) Seller resides in the Property as Seller’s principal residence (3) Buyer’s purpose in purchase of the 188 Property is not to use the Property as Xxxxx’s personal residence and (4) the Property is in foreclosure or Buyer has notice that any 189 loan secured by the Property is at least thirty days delinquent or in default. If all requirements 1, 2, 3 and 4 are met and the Act 190 otherwise applies, then a contract, between Buyer and Seller for the sale of the Property, that complies with the provisions of the 191 Act is required. If the transaction is a Short Sale transaction and a Short Sale Addendum is part of the Contract between Seller and 192 Buyer, the Act does not apply. It is recommended that Seller consult with an attorney.

Appears in 1 contract

Samples: media.bullseyeplus.com

Colorado Foreclosure Protection Act. The Colorado Foreclosure Protection Act (Act) generally applies if (1) the 187 200 Property is residential (2) Seller resides in the Property as Seller’s principal residence (3) Buyer’s purpose in purchase of the 188 201 Property is not to use the Property as Xxxxx’s personal residence and (4) the Property is in foreclosure or Buyer has notice that 202 any 189 loan secured by the Property is at least thirty days delinquent or in default. If all requirements 1, 2, 3 and 4 are met and the 203 Act 190 otherwise applies, then a contract, between Buyer and Seller for the sale of the Property, that complies with the provisions of 204 the 191 Act is required. If the transaction is a Short Sale transaction and a Short Sale Addendum is part of the Contract between Seller 205 and 192 Buyer, the Act does not apply. It is recommended that Seller consult with an attorney.

Appears in 1 contract

Samples: montrosecounty.granicus.com

Colorado Foreclosure Protection Act. The Colorado Foreclosure Protection Act (Act) generally applies if (1) the 187 199 Property is residential (2) Seller resides in the Property as Seller’s principal residence (3) Buyer’s purpose in purchase of the 188 200 Property is not to use the Property as Xxxxx’s personal residence and (4) the Property is in foreclosure or Buyer has notice that 201 any 189 loan secured by the Property is at least thirty days delinquent or in default. If all requirements 1, 2, 3 and 4 are met and the 202 Act 190 otherwise applies, then a contract, between Buyer and Seller for the sale of the Property, that complies with the provisions of 203 the 191 Act is required. If the transaction is a Short Sale transaction and a Short Sale Addendum is part of the Contract between Seller 204 and 192 Buyer, the Act does not apply. It is recommended that Seller consult with an attorney.. 205

Appears in 1 contract

Samples: montrosecounty.granicus.com

Colorado Foreclosure Protection Act. The Colorado Foreclosure Protection Act (Act) generally applies if (1) the 187 201 Property is residential (2) Seller resides in the Property as Seller’s principal residence (3) Buyer’s purpose in purchase of the 188 202 Property is not to use the Property as Xxxxx’s personal residence and (4) the Property is in foreclosure or Buyer has notice that 203 any 189 loan secured by the Property is at least thirty days delinquent or in default. If all requirements 1, 2, 3 and 4 are met and the 204 Act 190 otherwise applies, then a contract, between Buyer and Seller for the sale of the Property, that complies with the provisions of 205 the 191 Act is required. If the transaction is a Short Sale transaction and a Short Sale Addendum is part of the Contract between Seller 206 and 192 Buyer, the Act does not apply. It is recommended that Seller consult with an attorney.. 207

Appears in 1 contract

Samples: montrosecounty.granicus.com

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