Download - real estate CONTRACT DATE GUIDE - firstintegritytitle.com · 10.3 Inspection Resolution Deadline 3 weeks from MEC 10.5 Property Insurance Termination Deadline 1-2 weeks from MEC 10.6

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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 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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