Sf94 2004-2025 Form
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People also ask
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What do sellers have to disclose in Colorado?
Colorado sellers must disclose known defects to potential buyers. Before you finalize your house sale in Colorado, prospective buyers will want to know as much as possible about the property's physical condition and any problems that could affect the house's value, use, or desirability.
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Do appraisers confirm square footage?
Most appraisers take a hand drawn sketch and copy the information into a sketch software that calculates the overall square footage of the building. Once the appraiser has the exterior dimensions of the home, they can determine the gross living area.
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Which of the following does Colorado's square footage disclosure do?
The purpose the Square Footage Disclosure is to tell how the property was measured or the source of measurements if the listing broker did not measure the property.
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What happens if seller lies about square footage?
Providing inaccurate or conflicting square footage of a home can lead to a real estate lawsuit. Horiike v. Coldwell Banker is just one example. In this case, the selling agent overstated the home's square footage in the listing and did not correct or disclose knowledge of the inaccuracy.
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Which of the following does Colorado's square footage disclosure do?
The purpose the Square Footage Disclosure is to tell how the property was measured or the source of measurements if the listing broker did not measure the property.
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Is a square footage disclosure required in Colorado?
In every residential sales transaction, a Square Footage Disclosure form is required to be completed and signed by both the Seller and Buyer.
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What counts as square footage in Colorado?
Attic space is counted if it is finished and heated. If the ceiling is sloping, square footage is counted for areas where there is at least a five-foot ceiling clearance. Areas that are not included in square footage are unfinished areas, garages, patios, decks, porches, and sheds.
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