Colorado § 18-5-208 - Dual contracts to induce loan.
Full text of Colorado Colorado Revised Statutes § 18-5-208 — Dual contracts to induce loan., with citation guidance and answers to common questions.
§ 18-5-208. Dual contracts to induce loan.
It is a class 2 misdemeanor for any person to knowingly make, issue, deliver, or receive dual contracts for the purchase or sale of real property. The term "dual contracts", either written or oral, means two separate contracts concerning the same parcel of real property, one of which states the true and actual purchase price and one of which states a purchase price in excess of the true and actual purchase price, and is used, or intended to be used, to induce persons to make a loan or a loan commitment on such real property in reliance upon the stated inflated value.
Source: L. 71: R&RE, p. 440, § 1. C.R.S. 1963: § 40-5-208. L. 2021: Entire section amended, (SB 21-271), ch. 462, p. 3185, § 237, effective March 1, 2022.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 18-5-208
What does Colorado Revised Statutes § 18-5-208 cover?
Section 18-5-208 ("Dual contracts to induce loan.") 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 § 18-5-208?
A common citation format is "Colorado Revised Statutes § 18-5-208" (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 § 18-5-208 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.