No real estate agent or broker is entitled to a commission when a proposed purchaser fails or refuses to complete his or her contract of purchase because of defects in the title of the owner, unless the owner, within a reasonable time, has the defects corrected by legal proceedings or otherwise.Renumbered from C.R.S. § 12-61-202 and amended by 2019 Ch. 136, § 1, eff. 10/1/2019.L. 15: p. 397, § 2. C.L. § 4853. CSA: C. 15, § 26. CRS 53: § 117-2-2. C.R.S. 1963: § 117-2-2.This section is similar to former § 12-61-202 as it existed prior to 2019.
Colorado Legal Code