Can you imagine buying a $1 million home, only to discover that it requires tens of thousands of dollars worth of termite control treatments? Home sellers are required by law to disclose defects related to the properties they sell. Failing to do so could leave the...
Real Estate Construction
Protect yourself when signing a new construction builder contract
When builders are creating a new-construction residence, they often sign contracts ahead of time with prospective buyers. However, these contracts are not always for the benefit of the buyer. They're usually drafted for the benefit of the builder. You'll therefore...
What’s a mechanic’s lien?
A mechanic's lien usually applies to real estate construction projects, and they rarely have to do with an actual mechanic. These liens are placed on the value of a Colorado property, when the property owner fails to pay a contractor for specific work that was...
Construction reform bill paves way for new condos in Denver
In May, Governor John Hickenlooper signed HB 1279. The legislation will make it more difficult for condominium owners to sue developers for construction defects.Previously, a homeowner association only needed a majority of votes to move a lawsuit forward. This meant...
Are you suffering from a toxic mold problem?
Construction managers and construction companies are never perfect. In fact, even those most beautifully-built and expensive luxury Denver homes will have their flaws when we look closely enough. In most cases, those flaws just come with the territory, they're not...