Contracts
In Colorado, the 'Seller's Property Disclosure' form is used to:
AA. Replace the buyer's right to inspect the property
BB. Allow the seller to disclose known material conditions and defects about the property to potential buyers✓ Correct
CC. Certify that the property meets all building codes
DD. Guarantee the accuracy of all representations about the property
Explanation
Colorado's Seller's Property Disclosure (SPD) form requires the seller to disclose known material conditions and defects about the property — including structural issues, roof, utilities, HOA matters, environmental hazards, and legal matters. The SPD does not guarantee the accuracy of all statements, as the seller discloses only what they know.
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