Agency
In Colorado, a broker who allows a buyer to move into a property before closing as a licensee is:
ANot a problem if the seller agrees
BCreating potential risks including the buyer discovering new defects or the deal falling through, requiring careful agreement terms✓ Correct
CStandard practice requiring no special documentation
DAlways prohibited under Colorado Commission rules
Explanation
Pre-closing possession creates risks for all parties — the buyer may discover issues, the deal could fall through, and insurance and liability questions arise. Colorado Commission-approved Occupancy Agreement forms address these risks when pre-closing possession is permitted.
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