commercial real estate development association
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Construction litigation reform roller-coaster concludes with unthought-of unanimous votes
It was almost anticlimactic when the bipartisan construction defects litigation reform bill passed unanimously in the Senate on May 4, sending the much-anticipated legislation to Gov. John Hickenlooper’s desk. While there had been plenty of drama surrounding the measure throughout most of April, after the governor, House sponsors and prominent stakeholders announced a deal had…
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Senate committee gives unanimous OK to bipartisan construction litigation reform bill
Bipartisan legislation to make it more difficult for homeowners’ associations to sue condominium developers for defective construction is one step closer to becoming law after winning unanimous approval from a Senate committee Monday on its first vote in the upper chamber. House Bill 1279, sponsored in the Senate by Minority Leader Lucia Guzman, D-Denver, and…
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House passes bipartisan construction litigation reform bill unanimously
Bipartisan legislation to make it more difficult for homeowners associations to sue condominium developers for construction defects passed unanimously out of the Colorado House on Monday and is headed to the Senate. The bill marks a breakthrough backers hope will thaw Colorado’s frozen condo construction market and help address a housing shortage across the state.…
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Lawmakers, stakeholders say persistence, high stakes led to breakthrough on construction defects bill
Officials say they’re hopeful a breakthrough compromise reached on construction defects legislation as Tuesday night turned to Wednesday will thaw Colorado’s frozen condominium market and help resolve the state’s housing crisis. Calling the agreement a “psychic win,” Gov. John Hickenlooper said Wednesday at a Capitol news conference that he expects builders to respond favorably, and…
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Breakthrough reached as business coalition, mayors throw support behind bipartisan construction defects bill
After weeks of protracted negotiations and postponed hearings, the standoff over bipartisan construction defects legislation broke Wednesday with the announcement that an alliance of builders and business groups and a group representing the metro area’s mayors will back the bill. House Bill 1279, which would require that a majority of unit owners in a condo…
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Lawmakers delay bipartisan construction defects bill for a third time, remain hopeful a fix is in sight
Sponsors of a bipartisan bill to reform Colorado’s construction defects law tapped the brakes again Wednesday, delaying for a third time the legislation’s scheduled committee hearing in order to spend more time negotiating the fix, lawmakers said. House Bill 1279 has been scheduled for its first hearing three Wednesdays in a row now, but each time…
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Hancock urges lawmakers to stay at table, resolve impasse over construction defects legislation
Calling bipartisan legislation aimed at tackling construction defects issues “critically important,” a spokeswoman for Denver Mayor Michael Hancock on Thursday said the mayor is urging negotiators to stay at the table and push through to find a solution. “Addressing construction defects is critically important and Denver remains hopeful that meaningful action will move forward this session,”…
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Sponsors again delay hearing on bipartisan construction defects bill, say negotiations ongoing
Lawmakers late Tuesday pushed back a scheduled Wednesday committee hearing on a bipartisan construction defects reform bill, saying negotiations involving critical issues are still unresolved. Groups representing builders and homeowners have been facing off for years over attempts to rewrite state law governing how condominium owners can go about getting builders to fix defective construction, and…