The above named real estate firm
participates in the COLORADO ASSOCIATION OF REALTORS®
HOUSING OPPORTUNITY FOUNDATION by agreeing to maintain
an interest bearing broker trust account for the
benefit of the Foundation. All distributable interest
on said account shall be paid to:
HOUSING OPPORTUNITY FOUNDATION
Colorado Association of REALTORS®
309 Inverness Way South
Englewood, Colorado 80112
The tax identification number for
the HOUSING OPPORTUNITY FOUNDATION is 84-1152732,
and should be used on all participating accounts. It
is understood by the participating broker and
financial institution that the Foundation is the
beneficiary of the earned interest only, and that all
principal sums on deposit in this account remain the
property of those parties to the real estate
transaction for which the funds are placed in trust.
The Foundation shall be identified on the account
title as the beneficiary of earned interest only. This
agreement may be terminated by the participating
broker at any time, with 30 days written notice to the
Foundation. The allocation and disbursement of all
earned interest shall be at the sole discretion of the
Foundation’s Board of Directors.
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