Colorado Code
Part 11 - Colorado Foreclosure Protection Act
§ 6-1-1104. Foreclosure Consulting Contract

Notice Required by Colorado Law
_______ (Name) or (his/her/its) associate cannot ask you to sign or have you sign any document that transfers any interest in your home or property to (him/her/it) or (his/her/its) associate. _______ (Name) or (his/her/its) associate cannot guarantee you that they will be able to refinance your home or arrange for you to keep your home. You may, at any time, cancel this contract, without penalty of any kind. If you want to cancel this contract, mail or deliver a signed and dated copy of this notice of cancellation, or any other written notice, indicating your intent to cancel to ________________ (name and address of foreclosure consultant) at ______________________ (address of foreclosure consultant, including facsimile and electronic mail address). As part of any cancellation, you (the home owner) must repay any money actually spent on your behalf by _____________________ (name of foreclosure consultant) prior to receipt of this notice and as a result of this agreement, within sixty days, along with interest at the prime rate published by the federal reserve plus two percentage points, with the total interest rate not to exceed eight percent per year. This is an important legal contract and could result in the loss of your home. Contact an attorney or a housing counselor approved by the federal department of housing and urban development before signing.
Notice of Cancellation
(Date of contract) To: (name of foreclosure consultant) (Address of foreclosure consultant, including facsimile and electronic mail) I hereby cancel this contract. __________________ (Date) __________________ (Home owner's signature)
Source: L. 2006: Entire part added, p. 1334, § 1, effective May 30. L. 2010: (4) amended, (HB 10-1133), ch. 350, p. 1616, § 3, effective January 1, 2011.