The dramatic rise in the number of foreclosures filed in Colorado during the last five years has led to increased scrutiny of both the foreclosure laws and the actions of Colorado’s public trustees. As detailed in an April 4 post in this blog, proponents of ballot Initiative 84 had sought to correct perceived problems in
Real Property
Colorado Overhauls Record Keeping Requirements for Property Owners’ Associations
By Otten Johnson on
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…
Colorado Apartment Vacancy/Rental Rates Suggest Market Optimism
By Bill Kyriagis on
This article in today’s Denver Post discusses how, despite some regional variation in vacancy rates and rents, the statewide trends suggest optimism among property managers and landlords concerning future demand.
The recent uptick in multi-family housing construction in some parts of Colorado indicates that developers may be feeling the same way.
It will be …
Construction Contract Legislation Fails in Committee
By Otten Johnson on
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
By Otten Johnson on
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…