The Commission's FAQ's regarding education
Colorado Approved Forms
CREC Enrollment Form
This course, required by the Colorado Real Estate Commission, will discuss the changes in the contract for the upcoming year. Two different courses of the CREC course must be taken twice within your three-year licensing period.
Short Sale Addendum to Contract to Buy and Sell Real Estate
Listing Contract
Seller Authorization Form
A “short sale transaction” is one in which a lien holder agrees to accept a purchase price that is less than what is owed on the property. Short sale transactions stem from the growing number of foreclosures in Colorado. Therefore, on February 5, 2008, the Colorado Real Estate Commission adopted a Short Sale Addendum as part of both the Contract to Buy and Sell Real Estate and the Listing Contract.
The Short Sale Addendum provides important and relevant terms, conditions, and information regarding the short sale transaction. The Commission also adopted a Seller Authorization Form, which authorizes the lien holder to release information to parties who are identified in the Seller Authorization Form. Rule F-7 was amended to include the mandatory use of the Short Sale Addendum and Seller Authorization Form as Commission-approved forms. |