On June 5, 2017, the Colorado Supreme Court gave developers and contractors another reason to consider jumping back into the condominium construction market. By upholding the Colorado Court of Appeals decision in the Vallagio...more
The Colorado General Assembly is heading towards the conclusion of this year’s legislative session. Although one construction defect bill, House Bill 1279, passed the House and is expected to pass the Senate, most bills have...more
5/2/2017
/ Allocation of Funds ,
Arbitration ,
CO Supreme Court ,
Condominiums ,
Construction Defects ,
Construction Industry ,
Duty to Defend ,
Homeowners Association (HOA) ,
Insurance Industry ,
Legislative Agendas ,
Notice Requirements ,
Proposed Legislation ,
Real Estate Development
The Denver City Council on November 16, 2015 unanimously approved the first reading of a construction defect action reform ordinance designed to spur condominium development in Denver. Like Lakewood and other metro-area...more
In this issue:
- Senate Bills Tackle Construction Defect Litigation Reform
- Potential Source of Lawful Labor Delayed or Halted
- Excerpt from Senate Bills Tackle Construction Defect Litigation...more
Two bills recently introduced in the Colorado Senate propose to change Colorado’s construction defect claims process.
If passed, Senate Bill 15-177 would amend Colorado’s Common Interest Ownership Act, C.R.S. §...more
On October 13, 2014, Lakewood’s City Council passed Ordinance O-2014-21, which reforms the process for handling construction defect claims on condominium projects in the City of Lakewood. The ordinance has three primary...more
The impact of construction defect lawsuits on condominium development in Colorado has been a hot topic recently. Colorado law treats residential construction differently than non-residential construction. This increases the...more
In this Issue:
- Denver’s construction activity approaching historic peak of 2007
- Market Update
- Condominium Construction Defects Legislation Introduced
- Whether for Cause or Convenience,...more
Proposed legislation to reduce the cost of construction defect claims and encourage condominium construction has been introduced in the Colorado legislature. The long-awaited bill, Senate Bill 14-220, sponsored by Sen. Jessie...more
Developers and general contractors would like to avoid litigating construction defect claims brought by condominium homeowner associations. There is a way to do this.
...more