Many of us have the impression of Colorado being politically middle of the road. However, the 65 member Colorado House is currently composed of 46 Democrats and 19 Republicans. The 35 member Colorado Senate is currently composed of 23 Democrats and 12 Republicans. The Governor is also a Democrat.... Continue Reading
Legal / Legislative
Legal Issues in the Industry
The ever changing legal landscape for property owners and property managers underwent a major shift in 2024. There were more proposed bills in 2024 impacting property management than gun control. It can be difficult to sort through all of the noise of the session, so the goal here is to make you... Continue Reading
A record number of bills were proposed in the Colorado Legislature this year. Of the 705 bills introduced this session, the Colorado Apartment Association (CAA) identified more than a dozen that would have been harmful to rental housing providers. CAA and its lobbyist team HBS minimized the... Continue Reading
This past summer, millions of people added the term “Atmospheric River,” to their meteorological lexicon. Just one of these flowing columns of condensed water vapor, gliding 10,000 feet overhead and extending over 2,000 miles long, can have an average flow rate 15 times greater... Continue Reading
The cost of housing has increased dramatically in Colorado. The average cost of buying a house has gone up 49% in the last 5 years (10% per year). The average rent rate has increased 18% over that same period of time (3.6% per year). Perhaps because many people own houses, the increased cost of... Continue Reading
The Centers for Disease Control (CDC) forced the United States Supreme Court to legally slap the agency (and the Biden Administration) exceptionally hard in Alabama Association of Realtors, et al. v. Department of Health and Human Services. The Court had performed legal backflips to allow the CDC... Continue Reading
The Director of the Centers for Disease Control and Prevention (CDC) had imposed a nationwide moratorium on evictions of any tenants who make certain declarations of financial need. The U.S. District Court for the District of Columbia has issued an Order overturning the CDC eviction order on the... Continue Reading
The order applies to counties with high COVID-19 cases. While the Order is "new," it is essentially an extension of the previous CDC Order that has been in place since September 2020. Continue Reading
Recapping the most challenging legislative session for housing providers in Colorado history The most challenging legislative session for housing providers in Colorado history has now ended. This was the Year of The Crisis. The sheer number of anti-landlord bills, coupled with the erratic nature... Continue Reading
You may recall that last summer, our Colorado legislature passed two bills which made “source of income” and “immigration status” protected classes statewide. We want to remind you that these laws have now taken effect as of Jan 1, 2021. If you have not already done so, you... Continue Reading
Important Documentation to Include in Rent Demands Continue Reading
On April 24, President Trump signed into law The Paycheck Protection Program (PPP) and Healthcare Enhancement Act (HR 266), allocating an additional $310 billion to the lending program administered by the Small Business Administration (SBA). The bill also provides an additional $60 billion to the... Continue Reading