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Mandated DisclosuresSeller_disclosuresMEDIUM

Kevin is selling his home in Fort Collins. A neighbor mentions to Kevin that a registered sex offender recently moved onto the block. A prospective buyer, Lisa, asks Kevin's listing broker whether there are any registered sex offenders in the neighborhood. Under Colorado law, what is the broker's proper response?

Correct Answer

A) The broker should direct Lisa to the Colorado Bureau of Investigation sex offender registry and must not misrepresent the situation

Under C.R.S. § 16-22-101 et seq. (Colorado's Megan's Law), Colorado does not impose an affirmative duty on licensees to disclose the proximity of registered sex offenders. However, when asked, the broker must direct the buyer to the Colorado Bureau of Investigation sex offender registry and is prohibited from misrepresenting the situation.

Answer Options
A
The broker should direct Lisa to the Colorado Bureau of Investigation sex offender registry and must not misrepresent the situation
B
The broker must refuse to answer and advise Lisa to consult an attorney before proceeding
C
The broker must affirmatively disclose the sex offender's presence because it is a material fact
D
The broker should deny any knowledge to avoid fair housing violations related to familial status

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Related Topics & Key Terms

Key Terms:

sex_offender_disclosuremegan_lawcbi_registrymisrepresentationbroker_obligations
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