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CO CBS1-8-13 Form: What You Should Know

BIDDING DEADLINE FOR PROPERTY: (CBS1-8-13) 12. The contract is due to the seller and buyer by 4:00 p.m. and the contract cannot be accepted until the property is received. Buyer waives the right to a court action and agrees only in writing to pay for and take title to the Property on the terms and at the rates contained in the offer to purchase. The offer must be received no later than 4:00 p.m. on the 30th day prior to the date of sale and must include the following: (9) 10. 1. In addition to the conditions of all offers which have been received by the State Engineer of the Office of Real Estate, I represent and warrant to the State Engineer that, after my inspection, I have not removed any property from the Property. I agree to give all due diligence to ensure that I have in good faith not removed any property from the Property. 3 CO CBS1 Fill Now, Printable, Fillable 8.2. INFRINGEMENTS. I have received notice that the Property owner, for a period of 6 months from the date on which I bought the Property from the seller, has not complied with all of my inspection requirements. My offer to buy the Property has become conditional upon compliance with the inspection and the Property owner has failed to notify my satisfaction with any of the conditions of inspection and is in violation of the inspection requirements set out in section 6 of this form. I authorize the sale of my Interest in the Property immediately at the price that is set in the offer to purchase, unless the conditions in section 6 have been met by the Property owner. 6 CBS1 Fill Now, Printable, Fillable 8.3 TRANSFER OF LAND.  (9) The land will be sold to me and/or my assignee, if any, by the State Engineer on behalf of the State of Colorado and by me if not assigned, in the same manner as other sales of real estate have been sold, unless, to my Knowledge, the conveyance should not properly occur. Bidders should expect to pay the transfer and taxes required pursuant to section 8 of 8.2. 8.4 PROPERTY DISPOSAL.

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