Licensing Disclosure To Buyers, Sellers and Real Estate Investors
James Orr is a licensed Colorado Real Estate Broker with James Orr Real Estate Services, LLC. He is also a member of the National Board of Realtors, Colorado Board of Realtors and Fort Collins Board of Realtors.
Lease Option, Lease Purchase, Installment Land Contracts and Other Creative Transactions
In full support of the Colorado Real Estate Commission’s Position on Lease Options, Lease Purchase Agreements and Installment Land Contracts of April 5, 2011, James Orr can assist with finding opportunities to buy, sell or invest using creative transactions but you will need to consult with an attorney and have an attorney prepare all paperwork for those transactions. As the Colorado Real Estate Commission points out, “such behavior may be construed as the unauthorized practice of law by the real estate broker and subject to civil penalties”. James Orr uses and recommends Pre-Paid Legal Services (especially to get general questions answered) or can suggest other Colorado attorneys to help prepare paperwork for clients.
You can contact me with any questions.
When you buy or sell a property and use my real estate services, I usually will earn a fee and/or a commission. In some cases, especially with creative transactions that do not have immediate closings like lease-purchases where you are leasing the property for a period of time and then buying the property, there may also be an upfront fee for my services and a commission or fee due at the time of closing.
If you are a client and I am representing you in a real estate transaction and I refer you to a service provider like a mortgage broker, title company, home inspector and in an extremely rare circumstance where I am to receive any type of compensation from the service provider that I refer you to, that must be disclosed to you and it will be disclosed to you in advance. However, links from this website to additional products or services may earn me commissions and I am disclosing that to you now.
Data is deemed reliable, but is not guaranteed and should be verified before taking action based on it. Data is delayed and is not real time. Data is compiled from various sources including IRES and public records.