House Bill 19-1096: Colorado Right to Rest Earlier in the week, HB19-1096, titled Colorado Right to Rest, died in the Senate Finance Committee by unanimous decision. The bill would have allowed individuals to occupy public spaces for any duration without penalty, prohibiting state and local governments from enacting or enforcing laws, ordinances, rules or regulations related to public camping. CAR's Legislative...
To protect 30-year, fixed-rate mortgages, Fannie Mae and Freddie Mac should be given new charters that turn them into utilities with private shareholders and federal backing for catastrophic losses, NAR says. The association's proposal was introduced at a policy forum it hosted in early February. Also, using automated texts as part of your marketing could violate do-not-call laws. ### If you have...
Next Stop, Governor's Desk: House Bill 19-1098: Deeds to Convey Real Property CAR is thrilled to announce that HB19-1098, Deeds to Convey Real Property, is headed to the Governor's desk for his consideration. CAR worked with multiple industry stakeholders to develop and champion this legislation as a common-sense public policy solution that fixes a longstanding problem in real estate transactions. ### Under current...
Initiative 300 is a broad measure whereby supporters have asserted unimpeded use of public space for the purpose of erecting non-obstructive shelter, indefinitely, is a right to be extended to everybody including those experiencing homelessness. No city in the US has passed similar allowances. However, courts have ruled that cities cannot enforce certain laws that restrict access to public space...
NAR's Rural Outreach Initiative serves REALTOR® Associations in communities with less than 30,000 population and rural in character. The Initiative has a two-fold strategy: (1) Identify and disseminate information and resources on the issues and challenges facing rural communities impacting real estate and (2) provide one-on-one assistance to small associations to help them take advantage of the REALTOR® Party Community...
House Bill 19-1011 Scope of Manufactured Homes Sales Tax Exemption ### Current law defines manufactured housing as factory-built residential structures designed to be installed on a permanent foundation. This definition limits the sales tax exemption, which previously applied to structures designed for occupancy in either temporary or permanent locations. HB19-1011 clarifies the scope and changes the definition to that of a manufactured home...
CAR Economic Summit and REALTOR® Day at the Capitol Focus on the Importance of Homeownership Thank you to all our members and colleagues who attended CAR's Economic Summit and REALTOR® Day at the Capitol. We had a busy two-day event with over 250 REALTORS® attending from across the state. At Tuesday's Economic Summit, members had the opportunity to hear from keynote...
House Bill 19-1167: Remote Notaries Protect Privacy HB19-1167 sponsored by Representative Monica Duran (D-Wheat Ridge), Representative Terri Carver (R-Colorado Springs) and Senator Robert Rodriguez (D-Denver), authorizes notaries public to perform a notarial act through use of audio-visual communication, such as technology similar to Skype or FaceTime. It's commonly referred to as "remote notarization." Existing law requires an individual to appear in-person in...
The Colorado Association of REALTORS® (CAR) has completed a 50-state research analysis designed to identify the most innovative and successful programs being implemented to address the full spectrum of housing issues facing communities across the United States. From affordability and product type to inventory needs, CAR’s research set out to help identify what state and local governments, public and private businesses,...
Senate Bill 19-051: Increase General Fund Funding for Transportation SB19-051 sponsored by Senator John Cooke (R-Greeley) and Senator Ray Scott (R-Grand Junction), authorizes the state to transfer additional general fund money to fund the state's transportation needs as enacted by Senate Bill 18-001 in 2018. Under Senate Bill 18-001, the state now dedicates $105 million to the state highway fund, $22.5 million to...