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...
Just announced! All attendees who register for the 2014 CAR Convention will receive 3 additional tickets for the keynote event to be given to friends and family. When registering for the 2014 CAR Convention (registration opened for attendees on April 8th), you will have the opportunity to enter 3 names as RSVP'd guests to hear Marcus Luttrell speak. This RSVP process...
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 1254 Regarding HOA Fees, Including Transfer Fees, Passes Its Final Vote CAR supported HB14-1254, Concerning a requirement to disclose fees charged to a unit owners’ association by a community association manager, passed its final hurdle as the House concurred with the Senate’s amendments and voted to repass HB-1254. The bill requires a licensed community association manager who provides services for...
San Francisco, CA (April 1, 2014) – NerdWallet, a consumer advocacy website, recently conducted a study to find the best places for homeownership in Colorado. Firestone topped the list while other Denver-area cities, like Dakota Ridge and Castle Rock, also made the top ten. As renting becomes less affordable, NerdWallet wanted to give potential homebuyers a look at the current housing...
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...
HB 1311 Job Creation and Main Street Revitalization Act LPC voted to support HB14-1311, Concerning the credit against the state income tax for the costs incurred in connection with the preservation of historic structures, this week, which was introduced in the House and assigned to the Finance Committee. The bill establishes two eligibility pools for the commercial tax credit, one pool...