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 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 ▇▇▇▇▇’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.

Appears in 1 contract

Sources: Contract to Buy and Sell Real Estate

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 � οΏ½ Will Not occupy the Property as ▇▇▇▇▇’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.

Appears in 1 contract

Sources: Contract to Buy and Sell Real Estate

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 πŸžβ–‘ Will οΏ½β–‘ οΏ½ Will Not occupy the Property as ▇▇▇▇▇’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.

Appears in 1 contract

Sources: Contract to Buy and Sell Real Estate

Colorado Foreclosure Protection Act. If the Colorado Foreclosure Protection Act (Act) applies, then a different contract 522 523 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 523 524 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 524 525 for at least one year and (4) Buyer is subject to the Act. Buyer 🞏 Will � οΏ½ Will Not occupy the Property as ▇▇▇▇▇’s personal residence for at least 52526 5 one year. The parties are further advised to consult with their own attorney. 52527 6 31. NOTICE, DELIVERY, AND CHOICE OF LAW.

Appears in 1 contract

Sources: Contract to Buy and Sell Real Estate