The Colorado Real Property Transfer Declaration (TD-1000) form has recently been revised and updated. The TD-1000 provides essential information for the county assessor to help ensure that real property assessments for property tax purposes are fair and uniform. Any conveyance documents, such as deeds, that are subject to the documentary fee submitted to the county recorder for recording must be accompanied by a TD-1000 form.

Every two years, county assessors must appraise all the real estate in the State of Colorado. The sales prices of sold properties, taken from the deeds, are used in that appraisal process. Sometimes there may be circumstances surrounding a sale that provides a selling price that is not truly representative of a property’s value. For instance, this may occur in a transaction where the property sales price is discounted for a family member. Appraisers will then typically need to adjust a sale price when these unique circumstances exist, or possibly disqualify these sales. The TD-1000 declaration form is used to alert an assessor’s office concerning sales that may not accurately reflect a property’s value.

This declaration form must be completed and signed by either the grantor (seller) or grantee (buyer). It is also important to note that the TD-1000 form is not recorded, and is kept confidential and not available for public inspection at the county assessor’s office.