In September 2024, Colorado property tax law changed yet again, in what was intended to be the end of a lengthy debate over what would be considered “reasonable” tax relief for both residential and commercial property owners. The result of a special legislative session, House Bill 1001 put more stringent limits on the rates for […]
Easements can cause a number of misunderstandings, particularly in situations where successive property owners have had the use of an easement and then there is a sudden change in the easement’s status. First, let’s define what an easement actually is. An easement is a legal agreement that allows one person, party, or entity the […]
While construction projects vary greatly from one to the next in terms of cost and scope, there are a handful of crucial terms that should always be included in every contract to protect all parties involved. Clearly defining roles and responsibilities, as well as what to do when things don’t go as planned, is the […]
Mergers & acquisitions (M&As) are complex agreements that can make national headlines when they involve Fortune 500 companies, but they routinely happen among mid-size and small companies as strategic moves for growth. Real estate is often a component of an M&A transaction, as companies being sold may own office or retail space, laboratories, warehouses and […]
Colorado statewide property tax bills brought some unwelcome surprises to mailboxes in May 2023, with some property owners seeing tax increases as high as 65 percent in response to a recent spike in home values. This resulted in a record number of appeals flooding assessor’s offices throughout the state, prompting a new proposal (Proposition HH) […]
There’s no question that drone photography has been a boon to the real estate market, making it more affordable and easier to show the full footprint of a property, as well as highlight any geographical or landscape features that add value to a home, such as waterfront proximity, pools and more. But with the rise […]
Few real estate transactions are simple and straightforward, but thankfully most are completed at the closing table without any further issue or need for litigation. There are, however, some situations that can lead to legal proceedings. We’ve compiled a quick list of the most common challenges that brokers and sellers should be mindful of and […]
While reviewing your real estate paperwork, you may have noticed the word “easement.” At our Denver law firm, we often hear from people who are concerned by easements on their property, and they want our advice about what to do. The truth is that easements are very common. Most properties have at least one. Here […]
A title defect happens because of claims made against that property by someone other than the current owner. Also called a “cloud on the title,” these defects can exist in many forms. For example, a lien against the property for unpaid child support, spousal support, or another debt can prevent a property from being sold […]
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