Mold and the Implied Warranty A rental property that someone lives in is considered uninhabitable under Colorado law if there is mold present due to damp conditions that if left unaddressed could significantly affect the health or safety of tenants. Most properties may have some minor signs of mold, especially on surfaces prone to moisture … Continue Reading
Colorado Tenants May Demand Jury Trial to Determine Factual Disputes in Certain Eviction Proceedings Co-Author: Britney Beall-Eder On October 21, 2024, the Colorado Supreme Court rendered its decision in In re Mercy Housing Management Group, Inc. v. Naomi Bermudez, issuing a noteworthy opinion for Colorado landlords and tenants. The Court held that there is a statutory … Continue Reading
Watch this video and find out. See Also: Don’t Believe Rumors of Disagreement Between NAR and Your Regulators About the Antitrust Settlement
The plaintiffs in the settled antitrust lawsuits were sellers, not buyers. It is natural that regulators may not be keen on settlement terms that intend to help sells and may hurt buyers. Yet the Division is not stating that it will prosecute brokers for honestly complying with the Settlement Agreement. Colorado law does not prohibit … Continue Reading
A Brokers Guide for Navigating Colorado’s New Antitrust Requirements and MLS Rules Significant changes are reshaping the real estate landscape following the National Association of REALTORS® (“NAR”) Settlement Agreement entered into on March 15th, 2024 (the “Settlement Agreement”), updated state regulations, and new Multiple Listing Service (“MLS”) rules. These new requirements are designed to eliminate … Continue Reading
In Colorado, Senate Bill 23-184 provides a fairly clear answer: No.
Co-Author: Mara B. Peterson, Esq. Using Revocable Trusts and Limited Liability Companies in Estate Planning If you are someone who owns real estate, particularly if your properties are used for rental purposes, there are many important legal and tax considerations for these properties in an estate planning context. Without proper estate planning, these assets could … Continue Reading
Joint Property Ownership, Property Ownership Agreements and Partition of Real Property Owning residential real property with another person can be rewarding but also challenging or difficult in certain circumstances when property owners cannot agree on the maintenance or disposition of the property in the event of a dispute between the property owners. Outside of a … Continue Reading
Does CRS §12-10-301 inhibit buyers and their brokers from having creative fee arrangements? Learn why the answer to this question is “no.”
Co-Author: Caroline W. Young The Colorado General Assembly recently passed HB24-1098 (“Cause Required for Eviction of Residential Tenant”), which significantly overhauled the landscape of Colorado’s residential lease and eviction laws. In short, residential landlords are now required to offer existing tenants lease renewals on reasonable terms, subject to some statutory exceptions. When Gov. Polis signed … Continue Reading
