Denver – Members of the Colorado Association of REALTORS® (CAR), as part of the Homeownership Opportunity Alliance (a bipartisan statewide coalition of housing advocates, business leaders, metro area mayors and builders), stood with Gov. John Hickenlooper in the West Foyer of the Colorado Capitol on Tuesday as he signed HB 1279, the Construction Defect Actions Notice Vote Approval bill, into...
Senate Bill 17-156: Homeowner’s Association Construction Defect Lawsuit Approval Timeline.
This week the Homeownership Opportunity Alliance initiated SB17-156, Homeowner’s Association Construction Defect Lawsuit Approval Timelines sponsored by Senator Owen Hill (R-Colorado Springs) and Representative Cole Wist (R-Centennial), and Representative Lori Saine (R-Firestone) received bipartisan approval as it passed the Senate. The bill will next go to the House for their consideration.
Thank you to all...
Posted on
February 14, 2017
Thank you so much to everyone who attended REALTOR® Day at the Capitol! We had over 200 attendees from across the state, and had a very successful day speaking with our legislators. We would like to thank Henry Sobanet, Director of the Office of State Planning and Budget for Governor John Hickenlooper for providing the audience an interesting and insightful...
Posted on
February 6, 2017
Last week, CAR General Counsel, Scott Peterson testified at the first pre-hearing on the Division of Real Estate Sunset before the Senate Business, Labor and Technology Committee. This pre-hearing was an opportunity for the committee to hear from the Department of Regulatory Agencies Policy Analyst and stakeholders on the DORA Sunset Report. Peterson shared CAR’s comments on the report, explaining...
Posted on
January 30, 2017
On Wednesday January 25th, CAR General Counsel, Scott Peterson testified at the pre-hearing on the Division of Real Estate Sunset before the Senate Business, Labor and Technology Committee. This pre-hearing was an opportunity for the committee to hear from the Department of Regulatory Agencies’ Policy Analyst and stakeholders on the DORA Sunset Report. Peterson shared CAR’s comments on the report,...
Posted on
January 23, 2017
Regulation of Home Inspectors is calendared for January 31st.
CAR initiated Senate Bill 17-038, Concerning Regulation of Home Inspectors by Senator Nancy Todd (D-Aurora) was introduced last week and will now be heard in the Senate State, Veterans & Military Affairs Committee on January 31st. Today, the Legislative Policy Committee (LPC) officially voted to support the bill and CAR will prepare...
Posted on
February 16, 2016
Thank you so much to everyone who attended REALTOR® Day at the Capitol! We had over 200 attendees from across the state, and had a very successful day speaking with our legislators. We would like to thank Alison Felix, Vice President and Denver Branch Executive of the Federal Reserve Bank of Kansas City, for providing an interesting and insightful keynote...
Mark Trenka chair of the Colorado Association of REALTORS Legislative Policy Committee testified before Colorado law makers earlier this week regarding Colorado's construction defects law. This big hurdle prevents building more entry-level housing, and is a defect in state law that exposes home builders and homeowners to a high risk of expensive, time-consuming litigation. It has created a climate that puts the chill on new...
NAR Government Affairs has been closely monitoring the implementation of rules by the Consumer Financial Protection Bureau (CFPB). As part of the implementation of the Qualified Mortgage (QM) regulations, CFPB included in the 3% cap on fees and points, amounts paid to affiliate title companies and insurance escrows when there is an affiliate involved in the transaction. Unaffiliated charges...
Sine Die!
Wednesday, May 7, the final gavel came down on the second session of the 69th General Assembly. In total, 621 bills were introduced. CAR tracked 66 bills this year and took a position on 32 of them. As we are busy preparing for the 2014 elections, many are noting the bipartisan nature of a large majority of the bills...
