Buyer Registration |

Buyer Registration

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This BROKERAGE DISCLOSURE TO BUYER is required by the Colorado Real Estate Commission

1	The printed portions of this form, except differentiated additions, have been approved by the Colorado Real Estate Commission.
2	(BD 24-10-06) (Mandatory 1-07)
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4	DIFFERENT BROKERAGE RELATIONSHIPS ARE AVAILABLE WHICH INCLUDE SELLER AGENCY, BUYER
5	AGENCY OR TRANSACTION-BROKERAGE.
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7
8	BROKERAGE DISCLOSURE TO
9	BUYER TENANT
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11	DEFINITIONS OF WORKING RELATIONSHIPS
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13	For purposes of this disclosure, seller also means landlord (which includes sublandlord) and buyer also means tenant
14	(which includes subtenant).
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16	Seller's Agent: A seller's agent works solely on behalf of the seller to promote the interests of the seller with the utmost
17	good faith, loyalty and fidelity. The agent negotiates on behalf of and acts as an advocate for the seller. The seller's agent
18	must disclose to potential buyers all adverse material facts actually known by the seller's agent about the property. A
19	separate written listing agreement is required which sets forth the duties and obligations of the broker and the seller.
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21	Buyer's Agent: A buyer's agent works solely on behalf of the buyer to promote the interests of the buyer with the utmost
22	good faith, loyalty and fidelity. The agent negotiates on behalf of and acts as an advocate for the buyer. The buyer's agent
23	must disclose to potential sellers all adverse material facts actually known by the buyer's agent, including the buyer's
24	financial ability to perform the terms of the transaction and, if a residential property, whether the buyer intends to occupy
25	the property. A separate written buyer agency agreement is required which sets forth the duties and obligations of the
26	broker and the buyer.
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28	Transaction-Broker: A transaction-broker assists the buyer or seller or both throughout a real estate transaction by
29	performing terms of any written or oral agreement, fully informing the parties, presenting all offers and assisting the parties
30	with any contracts, including the closing of the transaction, without being an agent or advocate for any of the parties. A
31	transaction-broker must use reasonable skill and care in the performance of any oral or written agreement, and must make
32	the same disclosures as agents about all adverse material facts actually known by the transaction-broker concerning a
33	property or a buyer's financial ability to perform the terms of a transaction and, if a residential property, whether the buyer
34	intends to occupy the property. No written agreement is required.
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36	Customer: A customer is a party to a real estate transaction with whom the broker has no brokerage relationship because
37	such party has not engaged or employed the broker, either as the party's agent or as the party's transaction-broker.
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39
40	RELATIONSHIP BETWEEN BROKER AND BUYER
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42	Broker and Buyer referenced below have NOT entered into a buyer agency agreement. The working relationship
43	specified below is for a specific property described as:
44	Any Business
45	or real estate which substantially meets the following requirements:
46	any businesses opportunity that the Buyer would like to peruse, using the Colorado Business Exchange as an intermediary. Buyer is not obligated to use the Colorado Business Exchange. However, Buyer should know that the Colorado Business Exchange acts exclusively as a Transaction Broker for both Buyers and Sellers.
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49	CHECK ONE BOX ONLY:
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51	Customer: Broker is the seller's agent and Buyer is a customer.
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53	Customer for Broker's Listings - Transaction-Brokerage for Other Properties: When Broker is the seller's
54	agent, Buyer is a customer. When Broker is not the seller's agent, Broker is a transaction-broker assisting in the
55	transaction.
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57	Transaction-Brokerage Only: Broker is a transaction-broker assisting in the transaction.
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59
60	If Broker is acting as a transaction-broker, Buyer consents to Broker's disclosure of Buyer's confidential information to the
61	supervising broker or designee for the purpose of proper supervision, provided such supervising broker or designee shall
62	not further disclose such information without consent of Buyer, or use such information to the detriment of Buyer.
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64	THIS IS NOT A CONTRACT.
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66	BUYER ACKNOWLEDGEMENT:
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68	Buyer acknowledges that Buyer has received this Brokerage Disclosure to Buyer on .
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71	Full Name* Buyer's E-mail address:
72	Email* Enter Email Confirm Email
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74	To acknowledge receipt of this Broker Disclosure to Buyer, CLICK BELOW TO ACKNOWLEDGE
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76	BROKER ACKNOWLEDGEMENT:
77
78	On Date Month Day Year DATE, Broker provided (Buyer)
79	with this Brokerage Disclosure to Buyer at Broker's internet website.
80	(location) and retained a copy for Broker's records.
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83	Brokerage Firm's Name: Colorado Business Exchange
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86	Jim DeShayes
87	Broker
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Prospective buyers must agree to keep all information they receive about a business CONFIDENTIAL, especially the fact that the business is for sale.
Questions with * must be answered:
This Agreement is entered into between Prospect
Prospective Buyer:
an individual, and
Enter Your Company Name (if any):
its officers, directors, partners, employees, agents and advisors, if any (collectively “Prospect”), and Broker: Colorado Business Exchange, LLC (“Broker”), for the benefit of Broker and currently undisclosed Seller: any business entity and/or business owner who’s personal or confidential Information is shared with Prospect (“Seller”). With respect to each individual Seller, this Agreement shall remain in effect for five (5) years from the date Broker shares with Prospect any Information regarding such Seller.
Prospect requests access to certain confidential Information for the purpose of evaluating a possible Transaction: purchase, merger or joint venture of certain assets or business interests of Seller (“Transaction”). Information: includes, but is not limited to, the fact that Seller is considering a sale of their business, Seller’s financial information, sales information, tax data, price lists, customer lists, personnel records, and other proprietary information which are not otherwise available to the public (“Information”). In consideration for and as a condition to Broker and Seller furnishing access to Seller’s confidential Information, Prospect agrees as follows:
1. All Information received by Prospect regarding a Seller, whether furnished before or after the date of this Agreement, whether tangible or intangible and in whatever form or medium provided is proprietary and confidential.
2. Prospect shall protect the confidentiality of all Information; especially the identity of Seller must be kept secret. If Prospect elects not to purchase Seller’s business, Prospect shall immediately return and/or destroy all Information about Seller.
3. Prospect shall use the Information solely for evaluating the Transaction and not for any competitive or other purpose.
4. Prospect shall share the Information only with Representatives: advisors, employees and family members who are informed of this Agreement and agree to be bound by its terms as a party hereto (“Representatives”). Prospect shall be fully liable for any breach of the Agreement by its Representatives.
5. Prospect shall conduct all negotiations with regard to any Seller only through Broker, and Prospect shall not contact Seller, or Seller’s employees, customers, competitors, suppliers, or landlords except through Broker. If Prospect shall have some legitimate business or personal reason, other than as relates to this Agreement, to communicate with Seller’s employees, customers, competitors, suppliers or landlords, Prospect may so communicate; however, Prospect must maintain confidentiality as it relates to this Agreement in such communications.
6. Prospect shall not solicit or hire Seller’s employees; provided that this restriction shall not apply to any employee of Seller who responds to a general solicitation by Prospect regarding employment opportunities in the ordinary course of Buyer’s business (such as job advertisements in a newspaper or website of general circulation).
7. Prospect shall inform Broker immediately if Prospect or its Representatives are employees of, or associated with, a Seller, or a Seller’s suppliers, customers, or competitors.
8. Prospect and its Representatives are not affiliated in any manner with or representing any governmental, administrative or investigative agency.
9. All Information provided to Prospect was provided to Broker from Seller and is without verification by Broker. Broker makes no warranty, express or implied, as to the truth, accuracy or completeness of any Information, and recommends that Prospect make an independent verification of such Information prior to closing on a purchase. Prospect assumes full responsibility for its reliance on such Information and expressly waives all rights of recourse, if any, against Broker.
10. In the event of Prospect’s direct or indirect breach of this Agreement, Seller and Broker would be irreparably and immediately harmed and could not be made whole by monetary damages. Accordingly, in addition to any other remedy to which it may be entitled at law or inequity, Seller and/or Broker shall be entitled to an injunction or injunctions (without the posting of any bond and without proof of actual damage) to prevent breaches or threatened breaches of this Agreement and/or to compel specific performance of this Agreement. Prospect shall reimburse Seller and Broker for all costs and expenses, including attorney's fees, for attempting to enforce the obligations of Prospect or its Representatives hereunder. Furthermore, Prospect shall indemnify Seller and Broker for any loss, claim, or damage incurred as a result of Prospect’s breach of the terms of this Agreement.
11. Prospect herby gives informed consent and authorizes Broker to share with Seller the details of its communications with Broker. However, if Prospect requests that specific details not be disclosed, Broker shall not disclose, unless disclosure is required by law or failure to disclose such details would constitute fraud or dishonest dealing.
12. If a court of competent jurisdiction declares any provision of this Agreement invalid or unenforceable, the remainder of the Agreement shall remain fully enforceable. To the extent a court concludes that any provision of this Agreement is void or voidable, the court shall reform such provisions to render the provisions enforceable, but only to the extent absolutely necessary to render the provisions enforceable and only in view of the parties' express desire that Seller and Broker be protected to the greatest extent possible from improper competition and/or Prospect’s misuse or disclosure of the Information.
13. This Agreement shall be governed by and construed in accordance with the laws of the State of Colorado. Prospect agrees that any action or proceeding arising out of or related in any way to this Agreement shall be brought solely in Larimer County District Court located in Fort Collins, Colorado. Prospect hereby irrevocably and unconditionally consents to the jurisdiction of the Larimer County District Court, and hereby irrevocably and unconditionally waives any objection to the venue in such court.
14. This Agreement may be executed by Prospect’s on-line acceptance through Broker’s website, facsimile, and in counterparts, each of which shall be deemed to be an original and off of which together shall be deemed to be one and the same instrument.
15. Broker and Seller intend to furnish Information only to Prospects who are financially qualified to complete a Transaction. Prospect certifies that Prospect is capable of providing a cash down payment of at least the following through cash reserves and/or leveraging or liquidating Prospect’s current personal and business assets –NOT including the assets of Seller.
Down Payment*
This Agreement is made effective this day,
Today's Date
Month
Day
Year
upon Prospect’s entering its PHONE NUMBER and MAILING ADDRESS, and clicking I ACCEPT below. Additionally, Prospect acknowledges that they have read this agreement, understand it, agree to it, and retained a copy for their own records. (a copy of this agreement will be emailed to the prospect on completion of this process)
Preferred Phone*
Work Phone
Mobile Phone
Home Phone
Address*
Street Address Address Line 2 City State / Province / Region ZIP / Postal Code Country

This Confidential Buyer Profile will help us to serve you better. We use this information to help you locate and purchase a suitable business, and for no other purpose. This information may be shared with the Seller, unless you specifically request from Broker that your information should not be shared.
Questions with * must be answered:
How did you learn about Colorado Business Exchange?
Present Occupation
Explain prior business, management, and sales/marketing experience?
Will anyone assist you in purchasing, financing or operating the business?*
- Yes
- No
If yes, who are they? What is their relationship to you? How will they assist you?

This Confidential Buyer Profile will help us to serve you better. We use this information to help you locate and purchase a suitable business, and for no other purpose. This information may be shared with the Seller, unless you specifically request from Broker that your information should not be shared.
Questions with * must be answered:
Business and Personal Income
What are your minimum annual income needs from the business?*
Please only list your income requirement
FROM THE BUSINESS
How much personal equity can you invest in a business for down payment and working capital?*
Include equity in your home, other real estate, retirement accounts, or other assets that you plan to leverage or liquidate for the purchase of a business. Do not include any financing that requires the target business as collateral.
Please list the source(s) of your funds and an estimated time needed to convert them to cash for closing.
What is your approximate total net worth?
Additional comments that will help us to serve you better:

This Confidential Buyer Profile will help us to serve you better. We use this information to help you locate and purchase a suitable business, and for no other purpose. This information may be shared with the Seller, unless you specifically request from Broker that your information should not be shared.
Questions with * must be answered:
Specific business you are inquiring about (if any):
Specific Business Only:
- Send Information on the specific business only, I have no interest in other opportunities

This Confidential Buyer Profile will help us to serve you better. We use this information to help you locate and purchase a suitable business, and for no other purpose. This information may be shared with the Seller, unless you specifically request from Broker that your information should not be shared.
Questions with * must be answered:
Business Location Preference*
- Any Colorado
- Denver Metro Area
- Eastern Plains, CO
- Mountains, CO
- N. Front Range, CO
- S. Front Range, CO
- Western Colorado
- Any Wyoming

This Confidential Buyer Profile will help us to serve you better. We use this information to help you locate and purchase a suitable business, and for no other purpose. This information may be shared with the Seller, unless you specifically request from Broker that your information should not be shared.
Questions with * must be answered:
Business Preference Profile*
- Construction
- Contractors
- Franchise
- Internet
- Manufacturing
- Restaurant / Bar / Food Service
- Retail
- Service
- Wholesale / Distribution

Affiliations

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