Urban Renewal Bill Rejected

Gov. Hickenlooper vetoed a bill on June 6 that would have increased restrictions on urban-renewal developments, saying that while he understood the intent of the measure, the financial requirements placed on cities in the bill were excessive. HB-1375, sponsored by House Minority Leader Brian DelGrosso (Loveland) would have required county officials to get at leastContinue reading “Urban Renewal Bill Rejected”

Colorado Association of Realtors Legislative Update

SB 220 “Construction Defects” 220 (House sponsors Singer and DelGrosso) CAR position: Support. This bill was introduced in the waning days of the session. It would have protected condominium and townhome owners from unexpected, costly and burdensome litigation that has caused construction of attainably-priced condos and townhomes to grind to a halt. The bill wouldContinue reading “Colorado Association of Realtors Legislative Update”

COLORADO ASSOCIATION OF REALTORS Legislative Update

HB-1373 “Senior and Disabled Veteran Homestead Exemption” CAR Position: Support. This bill passed the House and is now being considered by the Senate. A senior who is 65 years old or older and has owned and occupied the same primary residence for at least 10 years (or the surviving spouse of such a senior) mayContinue reading “COLORADO ASSOCIATION OF REALTORS Legislative Update”