Common use of Colorado Foreclosure Protection Act Clause in Contracts

Colorado Foreclosure Protection Act. If the Colorado Foreclosure Protection Act (Act) applies, then a different contract that complies with the provisions of the Act is required, and this Contract shall be void and of no effect. The Act generally requires that (1) the Property is residential, (2) any loan secured by the Property is at least thirty days delinquent or in default, (3) Buyer does not reside in the Property for at least one year and (4) Buyer is subject to the Act. Buyer □ Will □ Will Not occupy the Property as Xxxxx’s personal residence for at least one year. The parties are further advised to consult with their own attorney.

Colorado Foreclosure Protection Act. If the Colorado Foreclosure Protection Act (Act) applies, then a different contract 522 that complies with the provisions of the Act is required, and this Contract shall be void and of no effect. The Act generally requires that (1) the 523 Property is residential, (2) any loan secured by the Property is at least thirty days delinquent or in default, (3) Buyer does not reside in the Property 524 for at least one year and (4) Buyer is subject to the Act. Buyer □ 🞏 Will □ 🞏 Will Not occupy the Property as Xxxxx’s personal residence for at least 525 one year. The parties are further advised to consult with their own attorney. 526 31. NOTICE, DELIVERY, AND CHOICE OF LAW.

Colorado Foreclosure Protection Act. If the Colorado Foreclosure Protection Act (Act) applies, then a different contract 523 that complies with the provisions of the Act is required, and this Contract shall be void and of no effect. The Act generally requires that (1) the 524 Property is residential, (2) any loan secured by the Property is at least thirty days delinquent or in default, (3) Buyer does not reside in the Property 525 for at least one year and (4) Buyer is subject to the Act. Buyer □  Will □  Will Not occupy the Property as Xxxxx’s personal residence for at least 526 one year. The parties are further advised to consult with their own attorney. 527 31. NOTICE, DELIVERY, AND CHOICE OF LAW.

Colorado Foreclosure Protection Act. If the Colorado Foreclosure Protection Act (Act) applies, then a different contract 522 that complies with the provisions of the Act is required, and this Contract shall be void and of no effect. The Act generally requires that (1) the 523 Property is residential, (2) any loan secured by the Property is at least thirty days delinquent or in default, (3) Buyer does not reside in the Property 524 for at least one year and (4) Buyer is subject to the Act. Buyer □  Will □  Will Not occupy the Property as Xxxxx’s personal residence for at least 525 one year. The parties are further advised to consult with their own attorney. 526 31. NOTICE, DELIVERY, AND CHOICE OF LAW.