One of the most common questions that sellers of residential real estate ask concerns what they are allowed to take with them when they move. Often, people will decorate their houses with specific taste and want to transfer items to their next house. In Colorado and many other states, the default rule is that only […]
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Drafting a commercial lease is complicated. There are a number of factors to consider and an array of options with respect to structuring the deal. The old “location location location” adage is very much in play when negotiating these leases. This article discusses a few of those factors, foot traffic and breakpoint. Foot Traffic When a tenant negotiates […]
Imagine two neighbors, Steve and Paul, live next to each other in rural Colorado. Each landowner owns a large piece of land, where some areas have fences and other areas do not. Their land borders each other’s for a number of miles. Steve decides that he wants to build a small structure where he can […]
Colorado is clearly a leader in the pot market. With the legalization of Marijuana came new real estate opportunities for those in Colorado. It created a market for recreational drugs that is unique, bringing in a surge of new customers into the state. It has also created questions about leasing property for the pot trade. […]
Technological advancements have dramatically changed both the economic and political climates of American energy policy. In the 1990s, there was significant concern about U.S. energy policy because so much fuel was imported from the middle east. While the U.S. had much of its own supply, it was very reliant on OPEC oil. At the time, […]
Depending on how you look at it, it is an exciting time for Colorado real estate. The increase in buying and speculation is fueling a soaring market. Denver area new home construction is at all-time high levels while the purchase price for residential properties continues to climb. Neighborhoods once considered “at-risk,” like the Sloans Lake […]
Water is a finite and valuable resource. When developers seek to build, be it commercial or residential, they must obtain water rights. Due to its finite nature and importance, obtaining water rights is not easy. Basic Water law The Colorado Constitution mandates the framework establishing Colorado water law. It is known as the prior appropriation […]
In June 2015, the state of Colorado reported record sales, with the average residential property being sold for $377,550. That year, the real estate market broke records by posting $20.16 billion in home sales for the year. This reflects an increase of 14.5 percent over 2014, according to a report from the Denver Metro Association […]
Colorado is a nonjudicial foreclosure state, meaning that the lender does not have to go to court to foreclose on your home. The foreclosure process moves quickly and is often completed in 4 months through a public trustee. Initially, when obligating yourself, you signed two core documents when you bought or refinanced your home: a […]
Commercial real estate developers are visionaries and dreamers. What the average person sees as a barren field or wasteland, a developer sees as a new community or high-rise development. What others see as urban blight a developer sees as the next business center. To make the dream into a reality, a developer needs to be […]
“Foreclosure” is a word that no homeowner ever wants to hear. Foreclosures occur when you’re no longer able to make payments on your home, often due to circumstances outside your control, like job losses or medical bills. The consequences of a foreclosure can be life-changing. If you’re facing a foreclosure, you’re at risk of incurring […]
This year marks the ten year anniversary of the Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) of 2005, a major piece of legislation that overhauled the bankruptcy code throughout the United States. This Act was designed to make it harder to file for bankruptcy by imposing new regulations and stricter requirements for any individual […]