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REALTOR Tag

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Capitol Connection – April 20, 2018

House Bill 18-1199: Aquifer Storage and Recovery Plans HB18-1199, sponsored by Representative Catlin (R-Montrose), and Representative McLachlan (R-Durango), and Senator Coram (R-Montrose), authorizes a person to apply to the Ground Water Commission for approval of an aquifer storage-and-recovery plan.  This legislation also requires the Ground Water Commission to promulgate rules governing the application process and the requirements that an aquifer storage-and-recovery...

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Capitol Connection – April 13, 2018

Senate Bill 18-015: Protecting Homeowners And Deployed Military SB18-015, sponsored by Senator Gardner (R-Colorado Springs), Senator Hill (R-Colorado Springs), Representative D. Williams (R-Colorado Springs), and Representative Liston (R-Colorado Springs), allows  a property owner to remove  an unauthorized person from a residential property within two court days  on a county court motion for temporary mandatory injunction. The rightful property owner is subject...

Listings have Increased, but Inventory is Still a Concern

Despite a 39 percent increase in new listings in March, inventory issues continue to dominate housing discussions statewide as Denver Metro Area sees new price records   ENGLEWOOD, Colo. – April 11, 2018 – With signs of new life popping up across the Centennial state, many REALTORS® find themselves wishing they’d see available inventory pop up again as they continue facing record-low...

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Capitol Connection – April 6, 2018

This week at the legislature - Colorado State Budget Over the past two weeks, legislators have been debating the "long bill," otherwise known as the budget, to fund state government operations. Colorado law requires legislators to balance their budget every year. This year, lawmakers had a $1.3 billion surplus to allocate for the general fund spending priorities and discretionary legislation from introduced...

Consumer Advisory: Title Insurance – What is it and why do you need it?

DENVER (March 30, 2018) – With the recent news in Denver about deeds, covenants and titles related to affordable homes, the Colorado Division of Insurance, part of the Department of Regulatory Agencies (DORA),  offers the following insights to unveil some of the mysteries that surround Title Insurance.   “Unlike other forms of insurance like health, homeowners or auto, Title Insurance is unlikely to be...

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Capitol Connection – March 30, 2018

Senate Bill 18-001: Transportation Infrastructure Funding SB18-001, sponsored by Senator Baumgardner (R-Grandby), Senator Cooke (R-Greeley), and Representative Buck (R-Windsor) is the major transportation funding vehicle this legislative session. Last week a major compromise was reached that would allow for annual funding of transportation up to $250 million a year and it delays this referred measure to the 2019 ballot for Colorado...

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Capitol Connection – March 23, 2018

Senate Bill 18-015: Protecting Homeowners And Deployed Military SB18-015, sponsored by Senator Gardner (R-Colorado Springs), Senator Hill (R-Colorado Springs), Representative D. Williams (R-Colorado Springs), and Representative Liston (R-Colorado Springs), allows for the removal of an unauthorized person from a residential property within 24 hours based on an affidavit from the true property owner. The rightful property owner is subject to the...

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Capitol Connection – March 16, 2018

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...

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Capitol Connection – March 9, 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...

Colorado Flood and Wildfire Awareness Week

Flood and wildfire season is approaching.  You should know your risks and make your plans to improve you outcomes.   The National Weather Service wants everyone in the the United States to be part of a Weather-Ready Nation.  Colorado has more than its fair share of floods, flash floods, and wildfires.  You should be weather alert and weather-ready, knowing how to stay...