Colorado Withholding. The Colorado Department of Revenue may require a portion of the Seller’s proceeds 614 be withheld after Closing when Seller will not be a Colorado resident after Closing, if not otherwise exempt. Xxxxxx agrees to 615 cooperate with Buyer and Closing Company to provide any reasonably requested documents to verify Seller’s status. If withholding 616 is required, Seller authorizes Closing Company to withhold such amount from Seller’s proceeds. Seller should inquire with Xxxxxx’s 617 tax advisor to determine if withholding applies or if an exemption exists.
Colorado Withholding. The Colorado Department of Revenue may require a portion of the Seller’s proceeds be withheld 243 after Closing when Seller will not be a Colorado resident after Closing, if not otherwise exempt. 244 12. DEPOSITS. Brokerage Firm is authorized to accept xxxxxxx money deposits received by Broker pursuant to a proposed contract 245 for the Sale of the Property. Brokerage Firm is authorized to deliver the xxxxxxx money deposit to the closing agent, if any, at or 246 before the closing of the contract for the Sale of the Property.
Colorado Withholding. The Colorado Department of Revenue may require a portion of the Seller’s proceeds be withheld
