Fidelity National Title Colorado Seller Guide

Our seller guide contains helpful information on the home selling and closing process as it relates to title and escrow. Reach out to your Fidelity National Title sales rep with questions!

SELLER GUIDE Title, Escrow, and the Home Selling Process | Colorado

www.FNTColorado.com

TABLE OF CONTENTS

Committed to Excellence

Why Choose Fidelity

The Importance of Title Insurance

Who, What, Why, & How of Title Insurance

Seller’s Roadmap

Your Real Estate Team

7 Reasons to Work with a REALTOR®

Preparing Your Home to Sell

Closing Process Flow Chart

Who Typically Pays for What

General vs Special Warranty Deed

CLEAR x Fidelity for Seller ID Verification

When to Expect Final Proceeds

Signing Options

Tips for a Smooth Closing Day

Office Locations

Moving Checklist

Real Estate Terminology

Utilities Guide

Notes

2 | Colorado Seller Guide

COMMITTED TO EXCELLENCE Strength, Experience, Protection At Fidelity National Title of Colorado, we are committed to your successful transaction and to guiding you throughout the entire closing process. Fidelity National Title of Colorado is proud to be part of Fidelity National Financial, Inc. (NYSE: FNF) - ranked #313 on the 2025 Fortune 500® and the largest issuer of title insurance policies in the U.S. through our family of underwriters. With over 75 years in the Colorado title insurance industry and over 160 years nationwide, Fidelity National Title® offers you the financial strength, experience and protection needed to close your transactions with confidence and complete peace of mind. This guide has been prepared to give you an overview of the process involved during the sale or purchase of a property and also to explain the various roles that we will play in helping you as you move toward the closing of your home sale or purchase. We hope you find this information helpful in the process of a smooth and successful transaction. Please reach out to your escrow team with questions or feedback.

Trusted Everywhere, Everyday.

3 | © Fidelity National Title Company Colorado

www.FNTColorado.com

WHY CHOOSE FIDELITY NATIONAL TITLE Not all title companies are created equal. Here’s why you should choose Fidelity National Title Colorado.

Fidelity National Title is proud to be part of Fidelity National Financial, Inc. (NYSE: FNF) - ranked #313 on the 2025 Fortune 500®. We carry the highest level of Errors & Omissions insurance along with a Fidelity Bond/Computer Crime Policy insuring up to $15M per claim. Financial Strength

At Fidelity National, we’re focused on your success just as much as our own. By offering relevant classes, innovative farming technology, and creative print/digital marketing solutions, we provide the kind of expertise and partnership you need for a future of growth and success. Creative Marketing

Local Expertise

We’ve been serving Colorado for over 75 years with a team of profession- als whose average tenure is

more than 20 years - a testament to our deep

expertise and commitment to service. With 20 offices in CO and our state under- writer locally, we can make decisions quickly and serve your title needs statewide.

You and your clients have a choice in title, so why settle? Choose Fidelity National Title - where local expertise meets national strength. Contact us to find out more today!

4 | Colorado Seller Guide

THE IMPORTANCE OF TITLE INSURANCE

Dollar for dollar, title insurance is the best investment you can make to protect your interest in one of the most valuable assets you own: your home.

• Title insurance protects property owners and lenders against legitimate or false title claims, ensuring the investment’s potential as a financial asset. • At Fidelity National Title, we assess, assemble, analyze, and distribute title information, as well as handle escrow and closing. • Title problems, found in over a third of residential transactions, must be resolved before closing. Common issues include existing liens, unpaid mortgages, and recording errors. • A homeowner’s title insurance policy protects the owner for as long as he and/or she has an interest in the property, with the premium paid only once at closing. • Title insurance insures against events before the policy is issued, unlike

other insurances that cover future events. It is loss prevention insurance. • Fidelity National Title conducts thorough record searches to identify and resolve defects before issuing a policy, minimizing claims and maximizing protection. • Researching titles is labor-inten- sive, with only 30% of public records computerized. The industry invests significant time and expense in this process, resulting in a low claims experience compared to other insurances. • Title insurance companies must file rates with the Colorado Division of Insurance. While consum- ers may seek the lowest rate, less expensive companies may lack the expert staff and resources needed for quality service.

5 | © Fidelity National Title Company Colorado

THE WHO, WHAT, WHY, AND HOW OF TITLE INSURANCE

1. WHY DO I NEED TITLE INSURANCE? • To protect possibly the most important investment you’ll ever make - the invest- ment in your home. With a title insurance policy, you as owner, have an indemni- ty contract that will reimburse you for loss in the event someone asserts a claim against your property that is covered by the policy. 2. WHAT TYPES OF COVERAGE ARE THERE AND WHO GETS IT? • Owner’s Policy: Shields you from title issues due to past events. • Lender’s Policy (required if you finance): Protects your lender’s interest in the property - not yours. 3. HOW CAN THERE BE A TITLE DEFECT IF THE TITLE HAS BEEN SEARCHED? • Title insurance is issued after a careful examination of copies of the public re- cords. But even the most thorough search cannot absolutely assure that no title hazards are present, despite the knowledge and experience of professional title examiners. In addition to matters shown by public records, other title problems may exist that cannot be disclosed in a search. 4. WHAT TITLE INSURANCE PROTECTS AGAINST: Here are some examples of what title insurance covers: • False impersonation of the true owner of the property • Forged deed, releases or wills, Instruments executed under invalid or expired power of attorney • Undisclosed or missing heirs; Mistakes in recording legal documents • Misinterpretations of wills Deeds by persons of unsound mind • Deeds by minors • Deeds by persons supposedly single, but in fact married • Fraud • Liens for unpaid estate, inheritance, income or gift taxes 5. WHO IT PROTECTS AND WHAT IT MEANS FOR YOU: • Title insurance will pay for defending against any lawsuit attacking your title as insured, and will either clear up title problems or pay the insured’s losses. For a one-time premium, an owner’s title insurance policy remains in effect as long as you, or your heirs, retain an interest in the property. • This means peace of mind in knowing that the investment you’ve made in your home is a safe one. The statements made herein are not intended, and shall not be construed to expressly or impliedly issue or deliver any form of written guaranty, affirmation, indemnification, or certification of any fact, insurance coverage or conclusion of law.

6 | Colorado Seller Guide

THE SELLER’S ROADMAP OF A REAL ESTATE TRANSACTION Selling your home is a big decision and Fidelity National Title Company and your real estate team are here for you. Whether it’s your first time on the selling side or you’ve done it several times before, our roadmap of the real estate transaction can help guide you through every step of the process.

Every real estate transaction is unique and can differ, this is a general roadmap of the process. For ex- act timeline and transaction details, please contact your real estate professional and escrow team.

7 | © Fidelity National Title Company Colorado

YOUR REAL ESTATE TEAM Key Players in a Real Estate Transaction

Listing Agent (Seller’s Agent) • Helps price and market the home.

• Lists the property on the MLS (Multiple Listing Service). • Represents the seller throughout the closing process. Selling Agent (Buyer’s Agent) • Searches for available homes. • Uses the MLS to find matching properties. • Helps with offers, negotiations, and paperwork. Mortgage Loan Officer

• Gets you pre-approved for a loan (if getting a loan) when buying a home. • Finds the best loan options and interest rates based on credit, financials, etc. Multiple Listing Services (MLS) • Online database of homes for sale accessible only to real estate agents. Title Company and Escrow Officer • Neutral 3rd party who facilitates the title and escrow closing process. • Search and examination of real property to ensure property is clear of any defects, liens, and/or other possible title issues prior to closing. • Your Escrow Officer will work with the mortgage loan officer and agents to facilitate the closing process including prep and signing of closing documents, disbursement of funds, and more.

8 | Colorado Seller Guide

7 REASONS TO WORK WITH A REALTOR®

REALTORS® are members of the National Association of REALTORS® and subscribe to its strict Code of Ethics. When you’re buying a home, here’s what an agent who’s a REALTOR® can do for you. 1. ACT AS AN EXPERT GUIDE. Buying a home typically requires a variety of forms, reports, disclosures, and other legal and financial documents. A knowledgeable real estate agent will know what’s required in your market, helping you avoid delays and costly mistakes. Also, there’s a lot of jargon involved in a real estate transaction; you want to work with a professional who can speak the language. 2. OFFER OBJECTIVE INFORMATION AND OPINIONS. A great real estate agent will guide you through the home search with an unbiased eye, helping you meet your buying objectives while staying within your budget. Agents are also a great source when you have questions about local amenities, utilities, zoning rules, con- tractors, and more. 3. GIVE YOU EXPANDED SEARCH POWER. You want access to the full range of opportunities. Using a cooperative system called the multiple listing service, your agent can help you evaluate all active listings that meet your criteria, alert you to list- ings soon to come on the market, and provide data on recent sales. Your agent can also save you time by helping you winnow away properties that are still appearing on public sites but are no longer on the market. 4. STAND IN YOUR CORNER DURING NEGOTIATIONS. There are many factors up for discussion in any real estate transaction-from price to repairs to possession date. A real estate professional who’s representing you will look at the transaction from your perspective, helping you negotiate a purchase agreement that meets your needs and allows you to do due diligence before you’re bound to the purchase. 5. ENSURE AN UP-TO-DATE EXPERIENCE. Most people buy only a few homes in a lifetime, usually with quite a few years between purchases. Even if you’ve bought a home before, laws and regulations change. Real estate practitioners may handle hundreds or thousands of transactions over the course of their career. 6. BE YOUR ROCK DURING EMOTIONAL MOMENTS. A home is so much more than four walls and a roof. And for most buyers, a home is the biggest purchase they’ll ever make. Having a concerned, but objective, third party helps you stay focused on the issues most important to you when emotions threaten to sink an otherwise sound transaction. 7. PROVIDE FAIR AND ETHICAL TREATMENT. When you’re interviewing agents, ask if they’re a REALTOR®, a member of the National Association of REALTORS®. Every member must adhere to the REALTOR® Code of Ethics, which is based on professionalism, serving the interests of clients, and protecting the public. “7 Reasons to Work with a Realtor®.” National Association of REALTORS® https://www.nar.realtor/magazine/tools/client-education/handouts-for- buyers/7-reasons-to-work-with-a-realtor. Accessed 23 Mar 2025.

9 | © Fidelity National Title Company Colorado

PREPARING YOUR HOME TO SELL Turn Your Home into a Buyer’s Dream!

DECLUTTER AND DEPERSONALIZE Remove personal items, excess furniture. and clutter to make your home look more spacious and appealing to potential buyers. DEEP CLEAN Ensure your home is spotless, including carpets, windows, and all surfaces. A clean home leaves a positive impression. MAKE NECESSARY REPAIRS Fix and minor issues like leaky faucets, broken tiles, or damaged walls. Consider larger repairs if they significantly affect the home’s value. ENHANCE CURB APPEAL Improve the exterior of your home with fresh paint, trimmed hedges, and a well-main- tained lawn. First impressions matter. STAGE YOUR HOME Arrange furniture and decor to highlight your home’s best features. Consider hiring a professional stager if needed. NEUTRALIZE COLORS Paint walls in neutral colors to appeal to a broader audience. Bold colors can be off-putting to some buyers. UPDATE FIXTURES Replace outdated light fixtures, cabinet handles, and faucets to give your home a modern look. MARKET EFFECTIVELY Take high-quality photos and write compelling descriptions for your listing. Consider hiring a professional photographer.

10 | Colorado Seller Guide

CLOSING PROCESS FLOW CHART Steps from Contract to Close

TITLE COMPANY

BUYER + SELLER

LENDER

Contract Acceptance

Loan Application

Open Title and Escrow

Real Estate Agent or Buyer/Seller submits a signed contract and closing instructions to Fidelity National Title Company (FNTC).

Due Diligence

Loan Processing

Earnest Money Deposit

Inspection

Loan Approval

Deposited with the real estate office or title company and held in an escrow account on behalf of the buyer and seller.

Closing Disclosure Form (CDF)

Appraisal

Title Commitment

CDF Accepted

Thorough search and examination of all recorded documents is conducted and a title commitment is issued. Commitment will detail the requirements necessary to close the transaction, as well as any title restrictions and exceptions that pertain to the property.

Final Walk-Through

CONGRATULATIONS - IT’S CLOSING DAY!

Transaction Processing

FNTC obtains payoff from lien-holders (such as mortgage, property taxes, HOA, and final water). Coordinates new loan details from buyer’s lender.

Closing date is generally determined by the buyer and seller per the real estate purchase contract. All documents are signed by the buyer and seller and notarized by a Fidelity National Title Company agent or an approved notary. Ownership of the property is transferred to the buyer and Fidelity National Title Company disburses all funds. Congratulations!

Closing Disclosure Form (CDF)

FNTC and Lender will coordinate to compose the purchase’s closing disclosure form using the information collected during the processing stage.

Closing Disclosure Delivery

Lender or Title Agent will deliver the CDF to the purchaser for approval at least 3 business days prior to the closing date. Seller’s CDF or settlement statement will be provided to their agent for review.

11 | © Fidelity National Title Company Colorado

WHO TYPICALLY PAYS FOR WHAT Seller and Buyer Closing Costs

Closing costs are fees paid by the buyer and/or seller during the transfer of property ownership. While costs vary with each unique transaction and are often negotiated within the Contract to Buy and Sell real estate, this breakdown offers a general idea of what to expect. For more info, connect with your local title, escrow, attorney, or real estate professional.

Seller(s) Typically Pays for: • Owner’s title insurance premium • Owners Extended Coverage • Half of the bundled closing fee (per real estate contract) • Property tax proration (thru date of closing) • HOA/CIC docs (if applicable) • Unpaid HOA dues • Payoff of existing loan balance(s), any interest/fees/prepayment/reconvey- ence, misc fees for seller • Document release fee • Real estate commission (per real estate contract)

Buyer(s) Typically Pays for: • Half of the closing fee (per real estate contract) • HOA status letter, transfer, and dues from closing forward • Recording fees ($43 per doc) • Closing protection letter (CPL) • First year hazard insurance + reserves • Document preparation • Real estate commission (per real estate contract) • Lender’s title policy and endorsements (if applicable) • Any new loan charges, origination, in- terest, and misc lender fees for buyer’s new mortgage (if applicable) • Inspection and appraisal fees Information provided herein is a general sample and may not be specific to your unique transaction. For ac- curate costs, please contact your title and escrow agent, attorney, or real estate professional.

• Water and sewer adjustments • Judgments, tax liens, etc filed against seller • Work orders (per real estate contract)

12 | Colorado Seller Guide

Special Warranty Deed vs. General Warranty Deed

Both deeds make you the full owner of the property. The difference is how far back in time the seller promises (Warrants) that the title is free and clear from all encumbrances, except as disclosed.

NARROWER PROMISE Special Warranty Deed The seller stands behind their years only

BROADER PROMISE General Warranty Deed The seller stands behind the full history

Covers only problems that came up while this seller owned the property If a problem traces back to an earlier owner , the seller is not responsible for it Common in commercial, investment, new construction and bank-owned sales

Covers problems from any point in the property's past , not just the seller's years The seller answers even for a mistake made decades ago , before they bought The most common deed in Colorado residential resales

Both deeds carry the same three promises under Colorado law: the seller owns the property and has the right to sell it, there are no hidden claims beyond those listed in your deed, and they will defend your ownership. Only that last promise narrows with a Special Warranty Deed.

Where you are most likely to receive a Special Warranty Deed

Bank-owned and foreclosure sales The lender never lived there and will not vouch for the years before foreclosure. Commercial and investment property Corporate sellers cap their exposure as a matter of policy.

New construction

Estate and trust sales

Government and municipal transfers Public agencies limit warranties to avoid long-term liability. Builders and developers limit their promise to the years they held the land.

An executor or heir cannot speak for decades they were never part of.

Investor-to-investor sales

Frequent in wholesale and distressed- asset transactions.

HOW TITLE INSURANCE CLOSES THE GAP A Special Warranty Deed leaves the property's earlier history outside the seller's promise. An owner's title insurance policy is what covers that stretch of time. Depending on your policy, it can:

Pay to defend your ownership if someone brings a claim against it Address old liens and judgments that were never properly released

Respond to title problems that began before the seller owned the property Cover forgery, fraud and unknown heirs in the property's past

Coverage is governed by the terms, conditions and exceptions of the policy issued. Your closer can walk you through exactly what yours covers.

WHAT THIS MEANS FOR YOU Either deed makes you the full owner - one is not a “lesser ˮ deed. The deed sets how far back the seller's promise reaches ; an owner's title insurance policy is what can cover the rest. Your purchase contract states which deed you will receive, so ask your agent before you sign.

QUESTIONS ON YOUR NEXT CLOSING? CONTACT YOUR FIDELITY NATIONAL TITLE SALES REPRESENTATIVE.

Fidelity National Title Colorado www.fntcolorado.com

13 | © Fidelity National Title Company Colorado Provided for educational purposes only and not intended as legal advice. Deed selection and its consequences depend on the specific facts of each transaction. Statutory references are to C.R.S. 38-30-113 and 38-30-116.5.

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QUESTIONS ABOUT CLEAR? See how it works, step by step. Explore the FAQ, view a live walkthrough, and learn how CLEAR supports a more secure closing experience.

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© 2012–2026 Fidelity National Financial. All rights reserved. This information is limited in scope and provided for informational purposes only. While believed to be accurate, Fidelity National Financial, Inc. (FNF) makes no representations or warranties, express or implied, as to its accuracy or completeness. FNF disclaims all warranties, assumes no duties to you or any third party, and shall not be liable for any loss or damage arising from reliance on this information or otherwise.

14 | Colorado Seller Guide

WHEN ARE FINAL PROCEEDS PAID? Proceeds After Closing

Your net proceeds are the amount of funds you’ll take home after your home sale is complete. This amount is what’s left after paying off things like your mortgage balance, closing costs, and any other fees related to the sale. During closing, ownership of the property is transferred from seller to buyer. The title and escrow company handles all of the paperwork, distributes funds, makes sure all necessary documents are recorded with the county, and the new deed is recorded in the buyer’s name. Once everything is finalized, your proceeds are sent to you either by wire or check. If the buyer is using a loan, funds are disbursed to you after the lender gives final approval post-signing.

15 | © Fidelity National Title Company Colorado

SIGNING OPTIONS When Closing with Fidelity, You Have Options!

In Office: Conducted in a Fidelity National Title office, this is the most traditional method and offers the expertise of a Fidelity employee as their representative. Remote Online Notarization (RON): A closing where documents are signed and notarized digitally and online via a secure platform. Mobile Notary: At the signer’s request, a Notary will meet them at a preferred location, and at a time convenient to the signer. Hybrid: Combining elements from a RON or digital closing and an in-person signing, some documents are signed electronically, while others are signed in person. Power of Attorney (POA): Authorization for a designated representative to sign documents on behalf of the buyer or seller, with notarization available in-person, remotely, or via mobile services, depending on jurisdiction and requirements. U.S. Embassy Notarization: For transactions involving international parties, notarization can be facilitated at a U.S. Embassy or Consulate, ensuring compliance with U.S. and local laws for overseas signings. Hague Convention Apostille: For real estate transactions in countries party to the Hague Convention, documents can be notarized and legalized with an apostille, certifying their authenticity for international use, available through Stewart Title’s specialized services.

16 | Colorado Seller Guide

TIPS FOR A SMOOTH CLOSING DAY

• Promptly complete and return escrow disclosure forms upon receipt (typically sent digitally) • OUT OF STATE? Let your escrow team know immediately to allow for enough time to deliver appropriate documents. • OUT OF THE COUNTRY? If yes, you must have all documents notarized at an American Consulate or Embassy. As an alternative, you may opt to appoint an- other individual as your attorney in fact. Let your agent and escrow team know. • Bring any keys you have to the house, garage door openers, etc and provide to your agent or escrow officer. To help prevent fraud and ensure a smooth transaction, state notary laws and title company policies require specific forms of identification at closing. Not having the correct, valid ID can delay your closing. Acceptable Forms of Identification: • Valid, government-issued photo ID such as driver’s license or state identification card You’ve made it through to the end, congrats! Let’s make sure you are prepared for closing day. Your escrow team and real estate agent will coordinate a closing date once documents are ready. Make sure you’re prepared by reading the below reminders and bringing the property identification.

• United States passport • United States military ID

The name on your ID must also match the name on your closing documents. If your name has recently changed or will change before closing, you’ll need to provide supporting documents. If you’re unsure whether your ID will be accepted, check with your real estate agent or escrow team right away.

17 | © Fidelity National Title Company Colorado

OFFICE LOCATIONS 19 Locations Across Colorado

Corporate Office | 4643 S. Ulster Street, Suite 1150 | Denver, CO 80237 | 303-220-9999

288 Main Street, Suite 1 | P.O. Box 331 Bailey , CO 80421 303-838-4417 4875 Pearl East Circle, Suite 300 Boulder , CO 80301 303-440-0511

7017 W. 10th Street, Suite 102 Greeley , CO 80634 970-324-2170 630 Plaza Drive, Suite 220 Highlands Ranch , CO 80129 303-264-3870

804 Main Street Canon City , CO 81212 719-275-3304

7125 W. Jefferson Avenue, Suite 160 Lakewood , CO 80235 303-986-7940 655 S. Sunset Street, Suite A Longmont , CO 80501 303-485-0076 2114 N. Lincoln Avenue, Suite 106 Loveland , CO 80538 970-663-6600 1521 Oxbow Drive, Suite 200 Montrose , CO 81401 970-252-0160 19751 E. Mainstreet, Suite R14 Parker , CO 80138 303-841-6982 1207 Pueblo Blvd Way, Suite A Pueblo , CO 81005 719-544-0837 12000 N Pecos Street, Suite 130 Westminster , CO 80234 303-452-2989 361 W. US Highway 24, Suite 100 P.O. Box 769 (80866) Woodland Park , CO 80863 719-687-3081

1755 Telstar Drive, 101 Colorado Springs , CO 80920 719-590-1711

26719 Pleasant Park Road, Suite 130 Conifer , CO 80433 (By Appointment Only) 303-838-2115 3773 Cherry Creek Drive N, Suite 800 Denver , CO 80209 (West Tower) 303-321-2212

4643 S. Ulster Street, Suite 1150 Denver , CO 80237 303-889-8200

295 Fifth Street, Suite 1 | P.O. Box 1543 Fairplay , CO 80440 719-836-0645 3500 John F. Kennedy Pkwy, Suite 100 Fort Collins , CO 80525 970-212-7750

480 W. Park Drive, Suite 200 Grand Junction , CO 81505 970-245-1055

18 | Colorado Seller Guide

MOVING CHECKLIST Organize Your Move with Our Checklist

UTILITIES Electric Gas

GOVERNMENT

Post Office (www.USPS.com) Voter Registration IRS

Water/Sewer

Cable Internet Garbage/Recycle

Dept of Motor Vehicles Veterans Affairs

FINANCIALS

Phone(s)

Banks/Credit Unions Credit Cards Charities

FAMILY/PERSONAL

Employer/Benefits/401k Schools and Alumni Associations Schools/Children’s Organizations Relatives, Friends, Businesses Child Care/Day Care Clubs (Athletic, Misc)

Finance Companies (Misc) Financial Advisor/Investments

NOTES

New Address: _____________________________________ _____________________________________ Closing Date: _______________________ Moving Date: _______________________ Moving Company #: ________________ _____________________________________ _____________________________________ _____________________________________ _____________________________________ _____________________________________

Newspaper/Magazines

Physician Records/Prescriptions

INSURANCE Life Health Auto Fire PETS

Consult Vet about move Check for licenses, vaccines, tags, etc in new city Transfer pet records

REAL ESTATE TERMINOLOGY Glossary of Commonly Used Words

1031 EXCHANGE

A 1031 exchange is a method enabling property owners to trade an investment property for another investment property (or proper- ties) without paying capital gains taxes on the transaction.

ANNUAL PERCENTAGE RATE (APR)

The borrower’s costs of the loan term expressed as a rate. This is not their interest rate.

APPRAISAL

A report highlighting the estimated value of the property com- pleted by a qualified 3rd party. this is typically done for the benefit of the buyer’s lender to ensure the property is worth the purchase price. In addition to a mortgage, certain housing communities such as townhomes or condos have a monthly fee associated with main- taining the common areas and amenities. A Closing Disclosure form or CD provides disclosures that will be helpful to borrowers in understanding all of the costs of the loan and transaction. This form will be given to the consumer at least three (3) business days prior to the date of closing. When the new title to the property is recorded by the County Recorer’s Office and ownership of the property transfers to the new buyer.

ASSOCIATION FEE/ HOA FEE

CLOSING DISCLOSURE (CD)

CLOSING OR SETTLEMENT

CLOSING COSTS

The buyers and seller have expenses associated with the transac- tion other than that of the actua I cost of the home.

COMMISSION

A percent of the sale price of the home that is paid to agents. The seller pays commission to both the buyer and the listing agent.

COMPARABLES

Homes in the area of interest that have recently sold that have similar features.

CONTINGENCIES

Conditions which must be met in order to close. Contingencies are typically tied to a date, referred to as a deadline. If the contingency is not satisfied the contract may be cancelled.

20 | Colorado Seller Guide

REAL ESTATE TERMINOLOGY Continued

DEED OF TRUST

An instrument conveying a security interest to the public trustee of the county in which the borrower agrees to pay the debt or obli- gation of a promissory note. The deposit made from the buyer to the seller when submitting an offer. This deposit is typically held in a trust by a third party. Upon closing, the money will generally be applied to the down payment or closing costs. Created by grant or agreement for a specific purpose, such as an electrical line by a power company, or a shared driveway. An ease- ment is the right, privilege or interest which one party has in the land of another. A claim, right, or lien upon the title to real estate, held by someone other than the real estate owner. Addition to or modification to a part of the insurance policy, ex- panding or limiting coverage. The deposit of instruments and funds with instructions to a third neutral party (the escrow) to carry out the provisions of an agree- ment or contract. A mortgage that is financed through a private lender and insured by the Federal Housing Administration, often requiring a lower down payment and income to. A liability of real estate as security for payment of a debt. Examples of this are a mortgage or a mechanics lien. The instrument by which real property is pledged as security for repayment of a loan. A policy of title insurance that typically insures an owner of real estate against loss by defects in, liens against, or unmarketability of the owner’s title. A legal and written instrument authorizing one to act as another’s agent or attorney, sometimes called an “Attorney-in-Fact.”

EARNEST MONEY

EASEMENT

ENCUMBRANCE

ENDORSEMENT

ESCROW

FHA

LIEN

MORTGAGE

OWNER’S POLICY

POWER OF ATTORNEY

TITLE

A legal document proving current and proper ownership of the property. Also referred to as a Title Deed, this document highlights the history of the property ownership and transfers.

SERVICE PROVIDERS GUIDE Helpful Utility Contacts During Your Move

CABLE / INTERNET Centurylink Xfinity DirectTV Dish Longmont Fiber Fort Collins Connexion Starlink Quantum Fiber Spectrum Clearnetworx Delta TRASH / RECYCLE Waste Management Waste Connections Republic Services Apex Waste Solutions 5280 Waste Solutions Western Disposal Mountain High Disposal Longmont Waste Mountain View Waste A-Affordable (Pueblo) Grand Junction Waste Montrose Xcel Energy City of Fort Collins Core (for rural areas) Black Hills Energy United Power AmeriGas Propane GAS / ELECTRIC

Centurylink.com xfinity.com direcTV.com

800.491.0118 800.266.2278 800.531.5000 888.686.2388 303.774.4494 970.207.7870 800.517.0775 855.860.9068 970.240.6600 866.513.1811 844.708.7274 303.286.1200 303.841.7144 720.884.0300 303.444.2037 970.834.1144 303.651.8416 303.838.0560 719.542.8757 866.749.6476 970.240.1400 800.895.4999 970.221.6710 800.332.9540 888.890.5554 303.637.1300 303.674.3321

DishNetwork.com mynextlight.com fcconnexion.com starlink.com/residential quantumfiber.com spectrum.com clearnetworx.com wm.com wasteconnections.com republicservices.com apexwasteco.com 5280waste.com westerndisposal.com mountainhighdisposal.com longmontcolorado.gov mountainviewwaste.com a-affordabledisposal.com gjcity.org cityofmontrose.org

XcelEnergy.com fcgov.com/utilities Core.coop blackhlilsenergy.com UnitedPower.com Amerigas.com

22 | Colorado Seller Guide

SERVICE PROVIDERS GUIDE Continued

WATER / SEWER Arvada Aurora Bailey

WATER / SEWER (CONT)

720.898.7760 303.739.7370 303.838.8184 303.644.3249 303.441.3260 303.655.2009 303.443.6319 719.269.9015 303.688.8550 720.733.6000 303.791.0430 303.755.4474 719.448.4800 303.288.2646 303.838.1800 303.833.2317 970.874.7913 303.893.2444 303.762.2635 303.926.2700 303.674.4112 719.836.2445

Federal Heights Firestone Fort Collins Fort Lupton Frederick Grand Junction Greeley Highlands Ranch Lakewood Littleton Lochbuie Longmont

303.428.3526 303.833.3291 970.221.6700 303.857.6694 720.382.5500 970.244.1579 970.350.9811 303.791.0430 303.238.0451 303.795.3751 303.990.5328 303.651.8664 303.335.4501 970.240.1400 303.985.7895 303.450.8770 303.841.4627 719.584.0250 303.538.7370 303.658.2405 303.424.2844 719.686.9680

Bennett Boulder Brighton

Broomfield Canon City Castle Pines Castle Rock Centennial Cherry Creek Colorado Springs Commerce City

Louisville Montrose Morrison Northglenn

Conifer Dacono Delta Denver Englewood Erie Evergreen Fairplay

Parker Pueblo Thornton

Westminster Wheat Ridge Woodland Park

DMV / MOTOR VEHICLE www.mydmv.colorado.gov www.colorado.gov/pacific/dmv/titling-vehicle

POST OFFICE www.moversguide.usps.com

NOTES

24 | Colorado Seller Guide

NOTES

www.FNTColorado.com

Trusted Everywhere, Everyday .

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