real estate CONTRACT DATE GUIDE - firstintegritytitle.com · 10.3 Inspection Resolution Deadline 3...
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Earnest Money may be made payable to and held by First Integrity Title Company. *The information provided heron does not, and is not intended to, constitute legal advice; instead, all information and content are for general information only. Reference Event Date or Deadline 4.3 Alternave Earnest Money Deadline 1-3 Days from MEC Title 8.1, 8.4 Record Title Deadline 7 Days from MEC 8.2, 8.4 Record Title Objecon Deadline 10 Days from MEC 8.3 Off-Record Title Deadline 7 Days from MEC 8.3 Off-Record Title Objecon Deadline 10 Days from MEC 8.5 Title Resoluon Deadline 13-15 Days from MEC 8.6 Right of First Refusal Deadline 15+ Days from MEC if Applicable Owner’s Association 7.2 Associaon Documents Deadline 7-10 Days from MEC 7.4 Associaon Documents Terminaon Deadline 10-13 Days from MEC Seller’s Disclosures 10.1 Seller’s Property Disclosure Deadline 1-3 Days from MEC 10.10 Lead-Based Paint Disclosure Deadline 1-3 Days from MEC Loan and Credit 5.1 New Loan Applicaon Deadline 1-3 Days from MEC 5.2 New Loan Terminaon Deadline 30-40 Days from MEC 5.3 Buyer’s Credit Informaon Deadline 7-10 Days from MEC 5.3 Disapproval of Buyer’s Credit Informaon Deadline 10-13 Days from MEC 5.4 Exisng Loan Deadline 7-10 Days from MEC 5.4 Exisng Loan Terminaon Deadline 11-13 Days from MEC 5.4 Loan Transfer Approval Deadline 20-25 Days from MEC 4.7 Seller or Private Financing Deadline 30-40 Days from MEC Appraisal 6.2 Appraisal Deadline 14-18 Days Aſter MEC 6.2 Appraisal Objecon Deadline 3-5 Days Aſter Appraisal Deadline 6.2 Appraisal Resoluon Deadline 3 Days Aſter Appraisal Objecon Deadline Survey 9.1 New ILC or New Survey Deadline 14-18 Days from MEC 9.3 New ILC or New Survey Objecon Deadline 18-21 Days from MEC 9.3 New ILC or New Survey Resoluon Deadline 21-24 Days from MEC Inspection and Due Diligence 10.3 Inspecon Objecon Deadline 14-18 Days from MEC 10.3 Inspecon Terminaon Deadline 14-18 Days from MEC 10.3 Inspecon Resoluon Deadline 19-21 Days from MEC 10.5 Property Insurance Terminaon Deadline 14-18 Days from MEC 10.6 Due Diligence Documents Delivery Deadline 5-7 Days from MEC 10.6 Due Diligence Documents Objecon Deadline 14-18 Days from MEC 10.6 Due Diligence Documents Resoluon Deadline 18-21 Days from MEC 10.7 Condional Sale Deadline 30-40 Days from MEC (Same as New Loan Terminaon Deadline) 10.10 Lead-Based Paint Terminaon Deadline 14-18 Days from MEC Closing and Possession 12.3 Closing Date 30-45 Days from MEC 17 Possession Date Closing Date or Delivery of Deed 17 Possession Time Closing Date or Delivery of Deed 28 Acceptance Deadline Date 1-2 days from Offer date 28 Acceptance Deadline Time 11:30 PM or Choose Time of Day CONTRACT DATE GUIDE MEC = Mutual Execution of Contract 2020 Colorado Real Estate First Integrity Title Company 950 South Cherry St. Suite 1220 Denver, Colorado 80246 Phone: 303.837.9171 Fax: 303.265.9009 www.FirstIntegrityTitle.com
Transcript of real estate CONTRACT DATE GUIDE - firstintegritytitle.com · 10.3 Inspection Resolution Deadline 3...
Earnest Money may be made payable to and held by First Integrity Title Company.
*The information provided heron does not, and is not intended to, constitute legal advice; instead, all information and content are for general information only.
Reference Event Date or Deadline
4.3 Alternative Earnest Money Deadline 1-3 Days from MEC
Title
8.1, 8.4 Record Title Deadline 7 Days from MEC
8.2, 8.4 Record Title Objection Deadline 10 Days from MEC
8.3 Off-Record Title Deadline 7 Days from MEC
8.3 Off-Record Title Objection Deadline 10 Days from MEC
8.5 Title Resolution Deadline 13-15 Days from MEC
8.6 Right of First Refusal Deadline 15+ Days from MEC if Applicable
Owner’s Association
7.2 Association Documents Deadline 7-10 Days from MEC
7.4 Association Documents Termination Deadline 10-13 Days from MEC
Seller’s Disclosures
10.1 Seller’s Property Disclosure Deadline 1-3 Days from MEC
10.10 Lead-Based Paint Disclosure Deadline 1-3 Days from MEC
Loan and Credit
5.1 New Loan Application Deadline 1-3 Days from MEC
5.2 New Loan Termination Deadline 30-40 Days from MEC
5.3 Buyer’s Credit Information Deadline 7-10 Days from MEC
5.3 Disapproval of Buyer’s Credit Information Deadline 10-13 Days from MEC
5.4 Existing Loan Deadline 7-10 Days from MEC
5.4 Existing Loan Termination Deadline 11-13 Days from MEC
5.4 Loan Transfer Approval Deadline 20-25 Days from MEC
4.7 Seller or Private Financing Deadline 30-40 Days from MEC
Appraisal
6.2 Appraisal Deadline 14-18 Days After MEC
6.2 Appraisal Objection Deadline 3-5 Days After Appraisal Deadline
6.2 Appraisal Resolution Deadline 3 Days After Appraisal Objection Deadline
Survey
9.1 New ILC or New Survey Deadline 14-18 Days from MEC
9.3 New ILC or New Survey Objection Deadline 18-21 Days from MEC
9.3 New ILC or New Survey Resolution Deadline 21-24 Days from MEC
Inspection and Due Diligence
10.3 Inspection Objection Deadline 14-18 Days from MEC
10.3 Inspection Termination Deadline 14-18 Days from MEC
10.3 Inspection Resolution Deadline 19-21 Days from MEC
10.5 Property Insurance Termination Deadline 14-18 Days from MEC
10.6 Due Diligence Documents Delivery Deadline 5-7 Days from MEC
10.6 Due Diligence Documents Objection Deadline 14-18 Days from MEC
10.6 Due Diligence Documents Resolution Deadline 18-21 Days from MEC
10.7 Conditional Sale Deadline 30-40 Days from MEC (Same as New Loan Termination Deadline)
10.10 Lead-Based Paint Termination Deadline 14-18 Days from MEC
Closing and Possession
12.3 Closing Date 30-45 Days from MEC
17 Possession Date Closing Date or Delivery of Deed17 Possession Time Closing Date or Delivery of Deed
28 Acceptance Deadline Date 1-2 days from Offer date
28 Acceptance Deadline Time 11:30 PM or Choose Time of Day
CONTRACT DATE GUIDE
MEC =Mutual Execution of Contract
2020 Colorado Real Estate
First Integrity Title Company950 South Cherry St. Suite 1220 Denver, Colorado 80246 Phone: 303.837.9171Fax: 303.265.9009www.FirstIntegrityTitle.com
January 1: New Year’s DayJanuary 20: MLK DayFebruary 17: President’s DayApril 12: EasterMay 25: Memorial DayJuly 4: Independence DaySeptember 7: Labor DayOctober 12: Columbus Day (varies by bank) November 11: Veteran’s Day November 26: Thanksgiving December 24: Christmas EveDecember 25: Christmas DayDecember 31: New Year’s Eve Note: See section 18.1and 18.2 for computation of days with holidays.
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