Colorado Association of REALTORS: Legislative Update

HB 1279 “Construction Defect Actions Notice Vote Approval” CAR Position – Support. This bill passed the legislature and will be signed by the Governor next week, which is a major win for CAR. HB-1279 focuses informed consent and does nothing to stand in the way of individual owners who have a legitimate construction issue fromContinue reading “Colorado Association of REALTORS: Legislative Update”

Colorado Association of REALTORS: Legislative Update

HB-1279 “Construction Defect Actions Notice Vote Approval” CAR Position – Support. The Legislative Policy Committee changed its position to support after significant amendments were made to the bill. This bi-partisan bill requires all homeowners and the developer to be notified that a construction defects lawsuit is being considered. In addition, it requires that a majorityContinue reading “Colorado Association of REALTORS: Legislative Update”

Colorado Association of REALTORS: Legislative Update

Senate Bill 17-215 “Sunset Licensed Real Estate Brokers & Subdivision Developers” CAR Position – Support. This bill, which continues the Division of Real Estate, the Real Estate commission and the regulation of real estate brokers until 2026. It passed second reading in the Senate on March 27. The bill directs the Real Estate Commission toContinue reading “Colorado Association of REALTORS: Legislative Update”

Colorado Association of REALTORS: Construction Defects Update

Several members of the Homeownership Opportunity Alliance (HOA) briefed a CAR committee at the convention last week. CAR is a member of the HOA, the alliance which has fought to introduce legislation to remedy construction defect issues in state statute. A 2015 appeals court case (Vallagio v. Metropolitan Homes) had given the HOA hope becauseContinue reading “Colorado Association of REALTORS: Construction Defects Update”