NEW Covid-19 Real Estate Addendum for Colorado Real Estate Contract to Buy and Sell

The Colorado Association of Realtors has worked with the Colorado Bar Association in the creation of an approved addendum to the Commission-approved Contract to Buy and Sell Real Estate to address the practical implications of COVID-19. The addendum addresses real estate transactions that are impacted and/or delayed by shutdowns of title offices, government agencies, lenders and/or appraisers; and real estate transactions that are impacted and/or delayed by mandatory or voluntary quarantines.

CORONAVIRUS (COVID-19) UPDATE:

In accordance with the Executive Order D 2021 103 by Governor Polis, signed into effect on May 14, 2021, Homestead Title & Escrow will begin a Mask Optional policy, for both employees and customers who have been vaccinated. Per this Executive Order the following applies:

A. Any individual, age eleven (11) and older, who is not fully vaccinated, is encouraged to wear a medical or non-medical cloth face covering that covers the nose and mouth when entering or within an indoor space where members of different households are present.
B. Any fully vaccinated individual may go without any type of face covering in any setting, subject to the exceptions in this Executive Order.

The CDC states fully vaccinated people can resume activities without wearing a mask OR staying 6 feet apart, except where required by federal, state, local, tribal, or territorial laws, rules, and regulations, including local business and workplace guidance. Per the CDC, people are considered to be fully vaccinated:

• 2 weeks after their second dose in a 2-dose series, such as the Pfizer or Moderna vaccines; or
• 2 weeks after a single-dose vaccine, such as Johnson & Johnson’s Janssen vaccine

We realize there are many independent feelings on mask policies, and we hope this will provide a healthy and safe environment for everyone entering our offices. Thank you in advance for respecting the decision of those around you!

We are a Colorado company with Local Expertise.

Homestead Title is an industry leader that has made a significant impact in the Colorado marketplace over more than a decade. This impact is largely due to the talent pool we have working with us. Many of our closers average over 20+ years in the business and our Title department is deep with knowledge.

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