Most Colorado residential developments have covenants that establish the obligations of the homeowners. Disputes arise over just what a homeowner can and cannot do on his real property. When those disputes arise, the courts must interpret the covenant in dispute.
Most if not all Colorado residential developments have a homeowner association and recorded documents establishing the rules for and obligations of the homeowners. Understanding those documents help homeowners avoid fines, lawsuits and unhappy neighbors. Yet, most homeowners have never read the governing documents.
Most if not all Colorado residential developments these days have a homeowner association and recorded documents that establish the rules for and obligations of the homeowners. Understanding those documents help homeowners avoid fines, lawsuits and unhappy neighbors. Yet, most homeowners have never read the governing documents.
Everyone is a little short on cash these days, especially homeowner associations with members behind in paying association dues and assessments. While the governing documents of the homeowner association may say the homeowner must promptly pay dues and assessments, collecting what is owed can be quite a bit more difficult.
With the downturn in the real estate market, some sellers are deciding not to disclose known problems with their home. More and more home buyers are taking sellers to court to recover damages for failing to disclose real property defects.
Have a dispute with your beloved homeowner association? Thinking about withholding your dues or assessments in protest? Well, be careful. You may lose your real property in the process.
Understanding Local Colorado Real Estate Law
Thinking about buying real estate in the Bahamas? Maybe a timeshare in Barbados? A quaint villa in the French West Indies? Well, before you do, you may want to research the local real property taxes, think about how this little piece of paradise fits into your overall estate plan and [...]
With more and more people buying residential real estate for investment purposes, many novice landlords learn the hard way that keeping a security deposit can result in big trouble. Landlords must comply with Colorado’s Wrongful Withholding of Security Deposits Act (the “Act”). Read on and save yourself (or collect!) treble damages and attorneys fees.
Colorado’s Wrongful [...]
There is more to a commercial lease than just the cost per square foot. The written terms of the lease can be critical to a tenant’s rights should a problem arise sometime during the lease term. The time to negotiate those lease terms is before the lease begins. Here are just a few tips when [...]
Joint tenancy is a convenient form of ownership. It is a form of ownership that has been encouraged in the marketplace by financial institutions and, to some extent, by professional advisors. Joint tenancy, it is estimated, is utilized in most married couples’ estate plans. Because of the survivorship feature of joint tenancy, it is thought [...]
Douglas A. Turner, Esq., the founder of our firm, is a Colorado-based attorney with many years of experience in business law, mergers and acquisitions, association law, real estate transactions, estate planning and probate. To learn more about our legal team, please contact us at 800-850-0607.