House Bill 18-1261: Colorado Arbitration Fairness Act & House Bill 18-1262: Arbitration Services Provider Transparency Act
HB18-1261, sponsored by Representative Weissman (D-Aurora), establishes ethical standards for arbitrators, including that an arbitrator must perform their responsibilities without bias. This bill also specifies that any party may challenge in court the neutrality of an arbitrator or an arbitration service provider, and it requires specific...
House Bill 18-1195: Tax Credit Contributions Organizations Affordable Housing
HB18-1195, sponsored by Representative Pabon (D-Denver) and Senator Tate (R-Centennial), provides a state income tax credit for contributions to nonprofit organizations engaged in the new construction of affordable housing for homeownership of at least 120% Average Median Income. The donation by an individual or organization must be tied to an actual project...
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February 26, 2018
Senate Bill 18-109: Authorize Audio-Video Communication Notarial Acts
SB18-109, sponsored by Senator Gardner (R-Colorado Springs), Representative Garnett (D-Denver), and Representative Wist (R-Centennial) allows notaries public to perform notarial acts using audio-visual communication. The process is called remote notarization and it's similar to a skype or face-time type of interaction where there is audio and video communication between the notary and the...
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February 20, 2018
House Bill 18-1227: Real Estate Commission Flexibility in License Period
HB18-1227, sponsored by Representative Herod (D-Denver), Representative Wist (R-Centennial), and Senator Cooke (R-Greeley), is a clean-up bill to the real estate sunset from 2017. In the sunset bill, the expiration date of real estate licenses changed from an anniversary date to a calendar renewal on December 31st of the third year...
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February 15, 2018
The Colorado Association of REALTORS® Political Action Committee, otherwise known as RPAC, is the single most important driver behind our political success. It is an honor to recognize local boards, associations, and individuals who accepted and met the challenge to help us raise RPAC dollars in 2017.
First to Hit RPAC Goal
Denver Metro Association of REALTORS® - This association achieved the...
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February 15, 2018
Four Democratic and three Republicans hoping to succeed term-limited Democratic Gov. John Hickenlooper spoke at a Gubernatorial Forum held by the Colorado Association of REALTORS at REALTOR Day at the Capitol.
The discussions came as housing needs continue to out-pace new housing supplies, leaving home prices soaring and an estimated 25 percent of Coloradans spending 50 percent or more of their income...
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February 12, 2018
The Colorado Association of REALTORS® sought to get the word out about the dangers of ballot initiative No. 66 and successfully did so at their annual Economic Summit on February 7, 2018. Initiative No. 66 is currently being reviewed by the Supreme Court and could be on the ballot this November.
This initiative seeks to cap new housing construction to 1%...
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February 12, 2018
“This will bring our economy to a halt. You don’t bring affordability to a market by reducing supply,” Scott Thorson, the Chief Operating Officer at Oakwood Homes, said at the Colorado Association of REALTORS®’ Economic Summit on Wednesday in Denver.
Ballot initiative No. 66, which is awaiting a review from the Colorado Supreme Court, would limit permits for homes and apartments...
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February 12, 2018
Another Economic Summit and REALTOR® Day at the Capitol is in the books!
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! The Economic Summit was highlighted by a panel discussion that focused on the newly...
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January 30, 2018
Senate Bill 18-015: Protecting Homeowners and Deployed Military
SB18-015, sponsored by Senators Gardner (R-Colorado Springs) and Hill (R-Colorado Springs) and Representatives D. Williams (R-Colorado Springs) and Liston (R-Colorado Springs), allows for the removal of an unauthorized person (trespasser) from a residential property within 24 hours based on an affidavit from the true property owner. The rightful property owner is subject to...
