Welcome To Betty's Blog
As the "Dear Abbey" of Colorado Real Estate, Betty has been providing one-on-one counseling and assistance to the real estate community for many years. It is our hope that this forum will allow many more to benefit from your questions and Betty's answers.
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Patrick C. Armbrust Director Armbrust Real Estate Institute www.armbrust-rei.com


I love it, thanks again ! :)
Raymundo Saenz
Thanks,
Steve
Protection Act.,and if the act otherwise applies, I will quote Kent.
"If the Buyer is not to assume any financial or legal obligation of the Seller,
then a separate written disclosure required by the Equity Skimming of Real
Property statute (Warning to Seller) must be in ALL BOLD, ALL CAPITALS,
not less than 10 POINT FONT." Hopefully, we will be able to post additional
information as time allows. Thanks for your question, and we will see you on
the cruise. Betty
If the seller checks "NO not in working order" for an appliance that does not exsist rather than "N/A" is the seller obligated to provide that appliance to the buyer - working or otherwise?
Example: the seller disclosure has a line for "trash compactor" and the sellers checked NO rather than N/A (there is not a trach compactor in the home - I have verified this myself). The buyers (my clients) very much want a trash compactor and after reviewing the seller's disclosure are excited that they overlooked it while doing the home preview. The compactor does not exist but aren't the sellers indicating that it does by checking "NO, not in working order?" Do I bring this to the attention of the listing agent to have her correct the Seller's Disclosure or should I have my buyers sign as it is and go back against the sellers to install a trash compactor - working or not?
Thanks
The contract would prevail in determining what is and is not included with a property, not the seller property disclosure. You have verified that there is no trash compactor. If you added it to the inclusions section of the contract I suspect that the seller would counteroffer.
Patrick
I received an email today offering an Ethics Update class and stating that it
is required to take every 4 years to renew our license. Is that so and do you
offer it?
Thanks
The ethics update you refer to is a requirement to maintain your status as a Realtor. It is a requirement of NAR, not the Colorado Real Estate Commission. Completion of the course will count towards your CE requirement for license renewal. The course is offered through your local Realtor association.
Patrick