Final answer:
The provision that is NOT found in a Colorado Real Estate Commission approved Deed Trust is a 1% interest increase.
Step-by-step explanation:
The provision that is NOT found in a Colorado Real Estate Commission approved Deed Trust is B. 1% interest increase.
A Deed Trust, also known as a deed of trust, is a legal document used in real estate transactions to secure a loan. It outlines the terms of the loan and conveys the property to a trustee who holds it as security for the lender. The trustee can initiate foreclosure if the borrower defaults on the loan.
In Colorado, a Real Estate Commission approved Deed Trust typically includes provisions such as an assumption clause that allows the loan to be assumable without triggering a due-on-sale clause, strict due-on-sale provisions that require the loan to be paid in full upon sale or transfer of the property, and the requirement that the borrower is creditworthy. However, a 1% interest increase provision is not typically included in a Colorado Real Estate Commission approved Deed Trust. This provision would allow for an increase in the interest rate by 1% under certain circumstances.