SB 156 “Homeowners’ Association Construction Defects Lawsuit Approval Timelines” sponsored by Senator Owen Hill and Representatives Lori Saine (Dacono) and Cole Wist. Support. Status – Not Calendared. This bill requires an HOA to obtain written consent from a majority of homeowners in the association, disclose projected costs, duration and financial impact of the claim, andContinue reading “Colorado Association of REALTORS: Legislative Update”
Tag Archives: Department of Regulatory Agencies
Colorado Association of Realtors: CAR Attorney Testifies at Pre-Hearing
On 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’sContinue reading “Colorado Association of Realtors: CAR Attorney Testifies at Pre-Hearing”
Colorado Association of REALTORS: Sunset Report Recommends Continued Regulation of Brokers
Recently CAR’s Legislative Policy Committee reviewed recommendations included in the 2016 Sunset Review for real estate brokers and subdivision developers. The report was submitted to the legislature, which is responsible for introducing related legislation in the 2017 session. As expected the Department of Regulatory Agencies recommends the continued regulation of real estate brokers for anotherContinue reading “Colorado Association of REALTORS: Sunset Report Recommends Continued Regulation of Brokers”
Colorado Association of REALTORS: Legislative Policy Committee Looks Towards 2017 Session
CAR’s Legislative Policy Committee (LPC) discussed key issues it will likely address in the upcoming session. First on the list was the Division of Real Estate’s sunset review. The Department of Regulatory Agencies (DORA) will issue a report in November outlining any regulatory changes it recommends. CAR recommend changes to continuing education (45 credits overContinue reading “Colorado Association of REALTORS: Legislative Policy Committee Looks Towards 2017 Session”
DORA Recommends Licensing of Home Inspectors
After a sunrise review this year, the Department of Regulatory Agencies has concluded that home inspectors, like other professionals involved in real estate transactions, should be licensed. The report included examples of consumers harmed by the conduct of home inspectors in the past, some of whom engaged in criminal activities in the course of conductingContinue reading “DORA Recommends Licensing of Home Inspectors”