As we noted in a previous post, critics of Colorado’s foreclosure process have been pursuing various avenues to reform parts of that process. They have been particularly focused on the “qualified holder” provision of Colorado statutes, which allows the foreclosing lender to state that it is the owner of the deed of trust being
Colorado Overhauls Record Keeping Requirements for Property Owners’ Associations
The Colorado legislature recently adopted a bill amending the Colorado Common Interest Ownership Act (CCIOA). House Bill 12-1237, which currently awaits Governor Hickenlooper’s signature, overhauls the record keeping requirements imposed upon Colorado’s property owners’ associations under CCIOA. Generally speaking, the requirements of this bill are more detailed than CCIOA’s old provisions on record keeping
Construction Contract Legislation Fails in Committee
To update our previous post, Colorado Senate Bill 12-181 regarding construction contracts failed today in the Senate Business, Labor and Technology Committee by a vote of 6-1.
Proposed Legislation Would Profoundly Impact Colorado Construction Contracts
A last minute bill has been introduced in the Colorado Senate. Colorado Senate Bill 12-181, introduced last week by State Senator Lois Tochtrop, proposes new requirements related to construction projects in Colorado. These proposed changes are not favorable to property owners in Colorado and will limit the ability of property owners to negotiate business terms
Conservation Easement Tax Updates
Important Court Decision Regarding Colorado Conservation Easement Tax Credits
On March 15, 2012, the Colorado Court of Appeals announced its decision in Kowalchik v. Brohl. The Court’s opinion in Kowalchik includes two key findings that will significantly impact the rights of Colorado taxpayers who purchased state conservation easement income tax credits from conservation easement