Arvada emerges from the recession to start the Homebuilding Boom

by Jessica Meeker ColoradoHousing and Mortgage IndustriesNews

Three planned communities lead the way in the Arvada surge in homebuilding. The city is on a hot streak in homebuilding. Construction crews recently began development on a trio of communities; 2,203-unit Candelas and 1,439-unit Leyden Rock are the largest of the trio.

Countryside Decision Clarifies Declarant Obligations to Pay Assessments

by Alex Nelson ColoradoConstruction Case Law & StatutesHomeowner Associations

In an unpublished opinion, the Colorado Court of Appeals recently made clear that Declarants (developers) generally need to pay full homeowners association dues on lots and units they own, from the time they are platted into the subdivision: Countryside Community Ass’n., Inc. v. Pulte Home Corporation, Inc., 12CA1568 appealed from El Paso County District Court No. 11CV3501, December 12, 2013

Colorado SB-220 Runs Out of Time, is Dead

by Alex Nelson ColoradoConstruction Case Law & StatutesHomeowner AssociationsHousing and Mortgage IndustriesLegislativeNews

May 5, 2014, the Colorado Senate Committee on State, Military, and Veterans Affairs took two-and-one-half hours of testimony on SB-220, which would have gutted the rights of homeowners associations to bring construction defect claims by requiring non-appealable arbitration in all instances, as well as placing other onerous requirements on such defect claims.