The long anticipated construction defect reform bill was introduced into the senate on February 10, 2015 as SB 15-177. Sponsored by Senators Ulibarri and Scheffel in the Senate and co-sponsored by Representatives DelGrosso and Singer in the House of Representatives, the Bill has bi-partisan support. Similar to the bill introduced last year, SBGo to Resource
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On February 17, the Lone Tree City Council will vote on an ordinance intended to encourage more condominium communities in Lone Tree. The proposed ordinance removes an association’s right to a jury trial in a construction defect case and instead mandates arbitration. The proposed ordinance also attempts to take away the governance authorityGo to Resource
Yesterday DORA advised CAI that it had approved the CAI Colorado-specific M-100 class for the manager licensing educational prerequisite. This means that if you take and pass the CAI Colorado-specific M100 class, you will satisfy the educational prerequisite for manager licensing. You will not be required to obtain your CMCA designation. Of course,Go to Resource
Yesterday, in a move that should not surprise anyone, HB 15-1040, the bill that was introduced to clean up the manager licensing bill, was killed in committee. As originally introduced, the bill attempted to reduce or eliminate the requirements that the original bill put in place. Introduced by Representative Thurlow of Grand Junction,Go to Resource
Even though the anticipated construction defect reform bill has not yet been introduced into the state legislature, the debate over the construction of multifamily housing units continues to take center stage. Late last year, the City of Lakewood adopted a local ordinance similar to the construction defect reform bill introduced into the stateGo to Resource