Recently the Colorado legislature passed, and Governor Ritter signed, the Commercial Real Estate Brokers Commission Security Act (HB 10-1288), which allows a Colorado real estate broker to obtain a lien on commercial property if the broker earns a commission from the leasing (but not the sale) of such property under a written agreement
Rescission Rights for Residential Buyers under Interstate Land Sales Full Disclosure Act
A recent Wall Street Journal blog post reports that New York courts are allowing more residential real estate buyers to rescind contracts pursuant to the Interstate Land Sales Full Disclosure Act (ILSFDA). As noted in the post, and as we are also seeing here, many buyers are trying to get out of their contracts. Those
Chambers USA Ranks Otten Johnson as Top Real Estate Firm (again)
Otten Johnson Robinson Neff + Ragonetti has once again been ranked as the leading real estate law firm in Colorado. Chambers USA annually ranks law firms and lawyers by areas of practice in each state. Otten Johnson has been ranked in the top “band” every year since Chambers began ranking law firms in
HUD Enforces Fair Housing Act on Retirement Communities
Retirement Communities are vulnerable to civil penalties and bad press if they don’t carefully adhere to Fair Housing Act regulations and recordkeeping, as this complex with 2,600 units found out last month:
“After three years of investigation, the U.S. Department of Housing and Urban Development last week filed a complaint against Colorado’s oldest retirement community,
Colorado HOA Registration Requirements Change in January 2011
The Governor recently signed into law House Bill 10-1278 (“HB 1278”), which creates the “HOA Information and Resource Center” and requires property owners’ associations (not just residential/homeowners associations) to register annually with the Division of Real Estate. HB 1278 takes effect January 1, 2011. Real estate owners and professionals should be aware of HB 1278 because