Colorado Real Estate Contract Forms
The following information is from the Colorado Real Estate Commission website:
Pursuant to Commission Rule F-7, real estate brokers are required to use Commission-approved forms as appropriate to a transaction or circumstance to which a relevant form is applicable. In instances when the Commission has not developed an approved form within the purview of this rule, and other forms are used, they are not governed by Rule F. Other forms used by a broker shall not be prepared by a broker, unless otherwise permitted by law.
It is not acceptable for a broker to hire legal counsel to draft an alternative form when a Commission-approved form is already available and is appropriate to use in a transaction. However, legal counsel for the buyer or seller may draft documents that would otherwise replace the Commission-approved forms. Brokers that do not use the Commission-approved forms as required may be subject to discipline of their professional license.