Per the Denver Business Journal House Speaker Crisanta Duran would support legislation requiring more homeowners to approve a construction defects lawsuit and providing more information to those condominium owners about the effect of legal actions. It's the Speaker’s first indication that she is willing to go beyond SB-45 (see above) to do something to jump-start… Continue reading Colorado: Legislative Leaders Setting Stage for Compromise?
Here’s an update on some of the positions adopted by the Legislative Policy Committee (LPC) - SB-85 “Increase Documentary Fee & Fund Attainable Housing” OPPOSE. This bill would raise the doc fee for recording or filing to five dollars. The first dollar would go towards electronic filing costs under existing law and the remaining four… Continue reading Colorado Association of Realtors: Legislative Update
Although the session is only a week old, the leadership wasted no time in introducing a construction defects bill sponsored by the Democratic Speaker of the House and the GOP Senate President (SB-45) “Construction Defect Claim Allocation of Defense Costs.” Observers suggest it is an attempt to set a nonpartisan tone for this year’s legislature.… Continue reading Colorado Association of Realtors: Legislative Update