Real Estate Broker Contracts and Forms

Commission-Approved Contracts

Real estate brokers are required to use Commission approved contracts and forms as appropriate to a transaction or circumstance.

If a real estate broker is a party to a transaction (e.g., listing contract, or a purchase and sale contract and broker is acting as a principal), such broker may engage counsel to prepare a form for the transaction so long as the form conspicuously states the form is not a Commission-approved form.

If a real estate broker uses an attorney-prepared form as provided in Rule 7.1, such broker shall continue to be responsible to make all required disclosures to all parties under applicable laws, rules and regulations governing real estate brokers.

Other forms used by a broker shall not be prepared by a broker, unless otherwise permitted by law.

The Division of Real Estate, on behalf of the Colorado Real Estate Commission, makes Commission-approved forms available to third-party vendors upon request. Licensees are advised that third-party vendors may make Commission-approved forms available for use by real estate brokers. Licensees shall continue to be responsible to ensure that any third-party vendor forms used are the Commission-approved forms. Any discrepancies between Commission-approved forms and the forms made available by a third-party should immediately be brought to the attention of the third-party vendor.