Posted By Molly Foley-Healy = January 6 ,2015
The 2015 legislative session in Colorado is set to kick off tomorrow and it promises to be an interesting one. Following the November elections, the Republicans will control the Senate by a 1 seat margin and the Democrats will control the House by a 3 seat margin. Since by all accounts the Colorado General Assembly isn’t interested in replicating the gridlock and extreme and destructive partisan politics we have all witnessed in Washington, D.C., I’m feeling optimistic that both parties will work to find common ground on important issues to the citizens of Colorado.
Providing immunity to the construction industry will guarantee one thing – shoddy construction. In the condominium context, this means the construction defects will become a repair responsibility of the condominium associations. How will these associations pay for the repairs? Through the levying of significant annual assessments and special assessments on the unfortunate folks who unknowingly purchased the defective homes. In other words, the homeowners will be left holding the ball and paying to repair the defects! Read more.