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”

Legislative Update

The General Assembly is set to adjourn on May 9. HB-1110 “Appraisal Management Companies” CAR Position – Support. The Division of Real Estate’s bill will regulate appraisal management companies at the state level, requiring background checks, fingerprinting and licensing.Appraisers will also be required to carry errors and omissions insurance; AMCs must post a $25,000 bondContinue reading “Legislative Update”