Contracts
The Colorado Contract to Buy and Sell includes an 'Inclusions and Exclusions' section. Fixtures are presumed to be:
AExcluded from the sale unless specifically listed as included
BIncluded in the sale unless specifically excluded✓ Correct
CSubject to separate negotiation after contract execution
DOwned by the tenant regardless of who installs them
Explanation
In Colorado real estate transactions, fixtures are presumed to be included in the sale as part of the real property unless the seller specifically lists them as excluded in the contract.
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Key Terms to Know
Contingency
A condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
Listing AgreementA contract between a property owner and a real estate broker that authorizes the broker to market and sell the property.
Earnest MoneyA deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
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