The printed portions of this form, except differentiated additions, have been approved by the Colorado Real Estate Commission. (DSD 17-1-09) (Mandatory 3-09)
THIS DISCLOSURE IS MADE PURSUANT TO THE REQUIREMENTS OF THE COLORADO REAL ESTATE COMMISSION AND THE DIRECTOR OF THE COLORADO DIVISION OF REAL ESTATE.
DUAL STATUS DISCLOSURE (REAL ESTATE BROKER AND MORTGAGE BROKER) The Broker, ___________________________, is a licensed real estate broker and a licensed mortgage broker in the State of Colorado. THE BUYER/BORROWER IS NOT REQUIRED TO USE THE BROKER’S SERVICES TO OBTAIN A MORTGAGE LOAN. THERE MAY BE OTHER MORTGAGE BROKERS THAT PROVIDE SIMILAR SERVICES. The Broker Is Is Not acting in a dual capacity as a real estate broker and a mortgage broker in the transaction. The Broker Is Is Not accepting a placement fee, commission or other valuable consideration for directly or indirectly placing a loan with a mortgage lender or its representative. The Buyer/Borrower ____________________________________________________ Does Does Not consent to the Broker acting in a dual capacity as a licensed real estate broker and a licensed mortgage broker in the transaction. The Buyer/Borrower Does Does Not consent to the Broker receiving a placement fee, commission or other valuable consideration for placing a loan with a mortgage lender or its representative in the real estate transaction.
THIS IS NOT A CONTRACT AND IS NOT COMPREHENSIVE OF ALL DISCLOSURES REQUIRED BY §§ 12-61-101, C.R.S., et. seq., 12-61-801, C.R.S., et. seq., and 12-61-901, C.R.S., et. seq. BUYER/BORROWER ACKNOWLEDGMENT: The Buyer acknowledges receipt of this document on _______________. _________________________________ Buyer/Borrower
BROKER ACKNOWLEDGMENT: On ________________, the Broker provided _________________________ (Buyer/Borrower) with a copy of this document via__________________________ and retained a copy for the Broker’s records. Broker also acknowledges that Broker has made a full and fair disclosure to the Buyer/Borrower of all material features of the loan product and all facts material to the transaction. ________________________________________
Broker Clear Form DSD 17-1-09 DUAL STATUS DISCLOSURE
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Æ Certify the holders of conservation easements. Æ Investigate complaints. Æ Enforce compliance with state and federal laws. Æ Impose recommended disciplinary actions against licensees. The Commission exercises its duties and authorities independ
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