Posted on
February 17, 2015
Colorado’s housing market is booming. Affordably priced homes are receiving multiple offers over asking price within hours of being listed. Why, then, are there no new builds of affordably priced condominiums and townhomes?
CONSTRUCTION DEFECTS.
Builders and developers have been scared away from developing in Colorado due to the current construction defects laws. Homebuilders and homeowners have a high risk of expensive,...
Posted on
February 13, 2015
SOLD OUT! REALTOR® Day at the Capitol: Tuesday, February 17th
2015 REALTOR® Day at the Capitol is SOLD OUT. We will be having no on-site registration for this event. For our attendees, we are looking forward to seeing you Tuesday morning. We will begin with an optional morning program where you can observe the House or Senate floorwork at 9AM. Lunch...
Legislative Webcast Update
You can’t afford to miss this update! CAR’s Legislative Team provides a comprehensive review of legislative activity this year. Topics include: Tax credits for natural disasters and wildfire mitigation, mineral estates, foreclosures, home inspector licensing, contractor retainage, affordable housing, construction defects and more! Click here to view this webcast.
REALTOR® Party Convention and Trade Expo
Thank you so much to those of...
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...
SB14-220, Concerning prerequisites to the authority of a unit owners’ association to pursue resolution of disputes involving construction defects, was introduced on Wednesday night. The bill has been assigned to the Senate State, Veterans, and Military Affairs Committee, as well as the Senate Judiciary Committee. We are thankful to those of you who have submitted testimonials so far, and those of...
Construction Defects Legislation Introduced
SB14-220, Concerning prerequisites to the authority of a unit owners’ association to pursue resolution of disputes involving construction defects, was introduced on Wednesday night. The bill has been assigned to the Senate State, Veterans, and Military Affairs Committee, as well as the Senate Judiciary Committee. We are thankful to those of you who have submitted testimonials so far,...
HB 1373 Senior and Disabled Veteran Property Tax Exemption
LPC voted to SUPPORT HB 14-1373, Concerning individuals who may claim the property tax exemption for qualifying seniors and disabled veterans. This bill modifies the state's Homestead Exemption to extend its benefits to certain individuals who are not eligible under current law. Specifically, the bill permits the following owners of residential property...
HB 1136 Signed by the Governor
CAR initiated HB 14-1136, which effectively provides a state licensing agency, such as the Real Estate Commission, the authority to approve education programs from providers of CE toward its licensees without an additional layer of approval from the Department of Higher Education. The legislation also removes the restriction of membership among trade associations offering education...
Construction Defects Legislation
The LPC met Wednesday and thoroughly discussed construction defects draft legislation before deciding to SUPPORT the draft. CAR will also join the coalition Homeownership Opportunity Alliance (HOA), a consortium of affordable housing, business, real estate and local government representatives; formed to help meet the demands of home buyers, increasing the supply of affordable housing, promoting the repair of...
HB 1136 Passes the Senate on Third Reading
CAR sponsored HB14-1136, Concerning exempting a continuing professional education program that is approved by a state professional licensing board from regulation by the division of private occupational schools in the department of higher education, passed third reading in the Senate and is waiting for the Governor’s signature. CAR is running this piece of...