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
Learn about one of the more important practice changes for buyer-side brokers: the inability of the buyer broker to make an agreement with the buyer to accept whatever the seller side is offering. Related Webcasts: Seller Side Requirement of the NAR Antitrust Settlement Is it Time to Think about Evolving Past the Realtor® Code of … Continue Reading
Learn about removal of compensation fields in the MLS and the prohibition of using the MLS to communicate co-op amounts. Related Webcast: Is it Time to Think about Evolving Past the Realtor® Code of Ethics?
A portion of the Realtor® Code of Ethics provided part of the legal justification for the $1.78 billion jury verdict against the National Association of Realtors® in October of 2023. The offending language (and its accompanying case study) could be surgically removed from Article 16 of the Code. Perhaps, however, we have blind spots about … Continue Reading
What’s the best way for me to protect my interests? In addition to the rise of ‘fractional equity ownership’ in Colorado real estate, it seems more and more common for individuals to buy a house together absent formal marriage. In such a situation, it is advisable to enter into an agreement that sets out the … Continue Reading
What happens when a seller and a buyer disagree over whether the buyer’s termination of a contract due to lack of “loan availability” is legit? Watch this video to learn the four-step process to resolve these fights. This webcast links to other relevant webcasts: “Loan Termination” Splits in Two; Buyers Using Contingencies for Purposes other … Continue Reading
Watch this video to learn about the common styles of subject-to transactions and some the different risks of the common types of subject-to transactions. See also Parts I & II: Part I: Subject-To Transaction: Understanding the Concept Buyer and Seller Motivations. Part II: Subject-To Transaction: Learning the Jargon and the Key Deal Points.
Rental Application Fairness Act: What actions must Colorado landlords and property managers take after passage of the new state law known as House Bill 19-1106?
This webcast is our second installment of our series about subject-to transactions. In it we explain the jargon and the major deal points of subject-to transactions. This webcast sets the stage for discussing risk management and the potential illegalities of some styles of subject-to transactions.
The General Mining Act of 1872, amongst other things, afforded people the right to prepare and mine a particular government-owned property, known as ‘staking a claim.’ Once staked, a survey was prepared to depict the mining claim’s boundaries. A private person who satisfies the required ‘assessment work’ could eventually convert the right to mine into … Continue Reading
