Especially first time buyers hear all kinds of “advice” from friends and family about what a seller “must” do.
Well at the risk of annoying your well-meaning friends and family, the state of Colorado does not require a seller to fix anything. That’s right, zip, zich, nada, zero.
What???
But what if there is a hole in the floor all the way to China and bare electrical wires sticking out that could electrocute someone!!!
While the fire department, or Regional Building might care, the state is hands off about requiring repairs.
There is one thing, and only one thing, functionally, that the state requires. Sellers must furnish a carbon monoxide detector within 15 feet of each bedroom.
And that’s it.
Repairs are negotiable between seller and buyer. But the seller doesn’t have to agree to fix anything.
BTW, buyers should carefully read section 10 of the contract, and seek legal advice as needed. The contract says the buyer is buying the house “as is.”
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