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”
Tag Archives: documentary fee
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: Doc Fee Bill Introduced
After meeting with CAR lobbyists, who expressed significant concerns, sponsors introduced HB-1309 “Doc Fee to Fund Affordable Housing.” This bill would double the existing documentary fee for the recording of real estate deeds, with half of the money allocated to the county treasurer and the other half allocated to the Colorado Housing and Finance AuthorityContinue reading “Colorado Association of REALTORS: Doc Fee Bill Introduced”