| Notice Filed with SOS |
07/29/2008 |
| Rule |
ProposedRuleAttach2008-00772.DOC |
| Statutory Authority |
12-61-114(4) and 12-61-114.5, C.R.S. |
| Description of Subjects/Issues |
The rule would prohibit real estate brokers from filing liens, lis pendens or recording listing contracts in an attempt to secure the payment of a commission or earned fee. |
| Purpose/Objective of Rule |
The purpose of this rule is to ensure that real estate brokers do not pursue payment of a perceived or validly earned commission, or other compensation for brokerage duties through remedies that may impact the merchantability of the client?s title to the property. The rule would prohibit real estate brokers from filing liens, lis pendens or recording listing contracts in an attempt to secure the payment of a commission or earned fee. |
| Comments |
Correct document now attached |
| Submitted in response to issues raised by COLS/OLLS? |
No
|
| Is this rule adopted in response to recent legislation? |
|
| Hearing Date |
09/09/2008 |
| Hearing Time |
09:00 AM |
| Hearing Location |
1560 Broadway, Suite 925, Denver, Colorado 80202 |
| Contact Name |
Yvette Gabardi |
| Contact Title |
Rulemaking Coordinator |
| Contact Telephone |
303-894-2341 |
| Contact email |
yvette.gabardi@dora.state.co.us |