In our December 2022 Otten Johnson Alert, we reported that the City of Denver planned to evaluate buildings in the downtown area that might be suitable for converting potentially underused office space to much needed residential space. The City recently completed its study, identifying a total of twenty-two buildings that it considered good
February and March were active months for the Colorado House of Representatives with respect to attempted reforms of current landlord/tenant laws in Colorado. In addition to proposed major overhauls to Colorado statutory eviction procedures (House Bill 23-1171), on February 27th the House passed House Bill 23-1115, which proposes repealing the current statewide ban on local government rent control measures.
Under current state law, counties and municipalities are expressly prohibited from enacting any ordinance or resolution controlling rent on private residential property or individual private residential housing units (C.R.S. § 38-12-301). In addition to repealing that prohibition, HB 23-1115 proposes a conforming amendment placing specific requirements on future local government rent control measures.Continue Reading Colorado House Passes, Senate Considers Repeal of Rent Control Prohibition
3D printers are already being used across industries to produce a number of products. A quick Google search provides an astonishing number of uses. One industry to keep an eye on is the housing industry and the use of 3D printers to build houses on-site.
Continue Reading 3D Printed Houses: The Potential for Positive Change in the Housing Industry
As previously reported on this blog a Colorado Court of Appeals decision in 2015 allowed a developer/declarant to retain a right to consent to amendments to a common interest community’s declaration that require arbitration of construction defect claims.
The Colorado Supreme Court has now weighed in on the case involved, which is known as Vallagio at Inverness Residential Condo. Ass’n v. Metro. Homes, Inc., affirming the decision of the Court of Appeals.
Vallagio involved a residential development in which the declaration, created pursuant to the Colorado Common Interest Ownership Act (“CCIOA”) included certain dispute resolution provisions, including an arbitration requirement. The dispute resolution provisions also stated that those provisions could “not ever be amended without the written consent of the Declarant,” who was the developer of the project.
Continue Reading Colorado Condominium Construction Defect Issue: Colorado Supreme Court Affirms the Right of Declarants for Condominium and Other Common Interest Communities to Require Binding Arbitration of Disputes
Following up on an earlier post, several of the transitions affecting Denver were evident yesterday in the presentations at the University of Colorado Real Estate Center 19th Annual Forum.
Continue Reading Some More Examples of Denver Real Estate in Transition