A few months ago I wrote about how wind turbines could constitute a nuisance to adjoining landowners. While that may be the case for residential neighbors, recent studies have shown that wind turbines might actually provide unexpected benefits to farmers. The Denver Business Journal recently reported that wind turbines help plants grow by cooling them
December 2010
Do Demographics Favor Downtown Office Markets?
By Chris Toll on
Posted in Commercial Real Estate, Real Estate Development
Anton Troianovski had an interesting article in the Wall Street Journal on how downtown office markets are currently improving faster than suburban office markets. In part, Troianovski observes, this may be based on the types of businesses that tend to be in the two markets (mortgage companies and home builders in suburban markets, while downtowns tend…
Trouble for Agricultural Tax Classifications?
By Jim Johnson on
Posted in Land Use, Real Estate Development
A client recently raised concerns regarding a potential change in property tax assessment methodology that may be upcoming in the next Colorado state legislative session. With revenues continuing to decline, local governments are seeking opportunities to capture property taxes from new sources. The issue concerns residential property owners claiming an agricultural tax classification without having
…
Avoiding Successor Liability with CCIOA “Special Declarant Rights” in Foreclosures and Deed In Lieu Transactions
By Otten Johnson on
Many lenders are taking back half-built projects that are subject to the Colorado Common Interest Ownership Act (“CCIOA”). CCIOA governs planned communities, condominiums and cooperatives in Colorado and contains many detailed provisions regarding the ongoing right of a developer (or a “Declarant”) to develop the community and control the board of directors. These rights are…