Last night, the democrat-controlled Colorado House State Veterans and Military Affairs Committee voted along party lines to kill Senate Bill 177.
Continue Reading Construction Defect Bill Dies in Committee
HOA & CCIOA
Law Expands CCIOA Exemption for some Pre-CCIOA HOAs
By Alix W. LaSalle on
Colorado House Bill 15-1095, signed into law last week, relieves certain pre-1992 common interest ownership communities from some of the more burdensome requirements of the Colorado Common Interest Ownership Act (“CCIOA”).
Continue Reading Law Expands CCIOA Exemption for some Pre-CCIOA HOAs
Update – Construction Defect and Affordable Housing Legislation in Colorado
Both sides of the political aisle have expressed interest in legislation to promote affordable housing and to correct what many believe is a problem with Colorado’s construction defects law that is preventing construction of condominiums in the Denver metro area. One option currently under consideration is Senate Bill 15-177.
As reported here by The Colorado…
Colorado Senate Committee, Mayor Hancock, Support Senate Bill 177
By Kyle R. Blackmer on
The reform of Colorado’s construction-defect law took an important step when the Senate Business, Labor and Technology Committee passed Senate Bill 177 (“SB-177”) on a 6-2 vote.
Prior to voting on SB-177, the Committee heard nearly eight hours of testimony, most notably from Denver Mayor Michael Hancock, who testified in favor of SB-177. Many…
Millennials and the Rent/Buy Decision: Are Construction Defect Laws a Factor?
By Kimberly A. O'Hagan on
As we’ve written in the past, Millennials have played a significant role in the revival of Denver’s economy. As increasing rent payments threaten to exceed monthly mortgage payments, however, Denver’s popularity among Millennials may diminish. Although worsening affordability has not discouraged Millennials’ interest in living in Denver thus far, as Millennials age and…