Colorado § 6-1-1114 - Notice of cancellation.
Full text of Colorado Colorado Revised Statutes § 6-1-1114 — Notice of cancellation., with citation guidance and answers to common questions.
§ 6-1-1114. Notice of cancellation.
(1) (a) The contract shall contain, as the last provision before the space reserved for the home owner's signature, a conspicuous statement in at least twelve-point bold-faced type, as follows:
You may cancel this contract for the sale of your house without any penalty or obligation at any time before ________________ (Date and time of day). See the attached notice of cancellation form for an explanation of this right.
(b) The equity purchaser shall accurately specify the date and time of day on which the cancellation right ends.
(2) The contract shall be accompanied by duplicate completed forms, captioned "notice of cancellation" in at least nine-point bold-faced type if the contract is printed or in capital letters if the contract is typed, followed by a space in which the equity purchaser shall enter the date on which the home owner executed the contract. Such form shall:
(a) Be attached to the contract;
(b) Be easily detachable; and
(c) Contain the following statement, in at least nine-point type if the contract is printed or in capital letters if the contract is typed:
NOTICE OF CANCELLATION
______________ (Enter date contract signed). You may cancel this contract for the sale of your house, without any penalty or obligation, at any time before ______________ (Enter date and time of day). To cancel this transaction, personally deliver a signed and dated copy of this Notice of Cancellation in the United States mail, postage prepaid, to ______________, (Name of purchaser) at ______________ (Street address of purchaser's place of business) NOT LATER THAN ______________ (Enter date and time of day). I hereby cancel this transaction ______________ (Date) ______________ (Seller's signature)
(3) The equity purchaser shall provide the home owner with a copy of the contract and the attached notice of cancellation.
(4) Until the equity purchaser has complied with this section, the home owner may cancel the contract.
Source: L. 2006: Entire part added, p. 1340, § 1, effective May 30. L. 2010: IP(2) and IP(2)(c) amended, (HB 10-1133), ch. 350, p. 1617, § 6, effective January 1, 2011.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 6-1-1114
What does Colorado Revised Statutes § 6-1-1114 cover?
Section 6-1-1114 ("Notice of cancellation.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 6-1-1114?
A common citation format is "Colorado Revised Statutes § 6-1-1114" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 6-1-1114 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.