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Details of Tracking Number  2009-00072


CCR details

Tracking Number 2009-00072
Type of Filing Permanent Rule
Department 700 Department of Regulatory Agencies
Agency 725 Division of Real Estate
CCR Number 4 CCR 725-1
CCR Title RULES REGARDING REAL ESTATE BROKERS AND SALESPERSONS

Proposed rule

Rule ProposedRuleAttach2009-00072.DOC
Statutory Authority 12-61-114(4) and 12-61-114.5, C.R.S.
Description of Subjects/Issues to ensure full and accurate disclosure, in the contracting instrument, of all terms of the transaction including the itemization of all adjustments, money, or things of value received or paid.
Purpose/Objective of Rule The purpose of this rule is to ensure full and accurate disclosure, in the contracting instrument, of all terms of the transaction including the itemization of all adjustments, money, or things of value received or paid. By requiring all terms of the transaction to be accurately reflecting in the contracting instrument, lending institutions as well as parties to the contract can make informed decision based on the specific and accurate terms of the contract.
Submitted in response to issues raised by COLS/OLLS? No
Is this rule adopted in response to recent legislation?
Hearing Date 03/03/2009
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

Adopted rule

Adopted Rules AdoptedRules02009-00072.RTF
Redline Redline2009-00072.DOC
Adopted Date 03/03/2009
Attorney General Opinion 03/19/2009
Effective Date 04/30/2009
Inserted into CCR 04/10/2009