Colorado Condominium Unit Purchase Agreement Between Buyer & Developer

Colorado real estate developers, pre-sell units in a residential condo project with this Condominium Unit Purchase Agreement Between Buyer & Developer.

• The condo project is under construction, but the seller agrees that the unit will be completed by the closing date, barring any unforeseen delays for which the seller is not responsible (such as strikes, shortages of materials, etc.).
• The seller's closing agent will hold the earnest money deposit in an interest-bearing account until closing or until the agreement is terminated, whichever occurs first.
• The seller will provide the buyer with title insurance on the unit.
• The seller will be responsible for all taxes, charges and assessments levied by the condominium association up until the date of closing. From that date onward, the buyer is responsible for all such costs.
• The seller provides a 1-year limited warranty on the labor and materials used in construction of the unit.
• Also contains clauses regarding radon gas levels and expansive ⁄ low-density soil analysis.

This Colorado Condominium Unit Purchase Agreement Between Buyer & Developer is provided in MS Word format, and is fully editable to meet your specific needs.