2024 USPAP Q&A

Earlier this week, the Appraisal Standards Board released a new Question and Answer covering Yellow Book and Competency.   2024-07: Yellow Book & Competency Question: My client has requested an appraisal assignment that would be used in connection with the...

On-Demand Reliable Record Keeping Course

The Colorado Department of Regulatory Agencies (DORA) has an on-demand Reliable Record Keeping For Appraisers course available at no charge. Record keeping is an important cornerstone of any real estate appraisal practice. This course offers strategies and practical...

Recap Summary of 2024 Legislative Session

Attached is a summary of the 2024 legislative efforts that had the potential to directly impact real estate in the State of Colorado. Unfortunately, the bill Limiting Actions against Appraisers, which initiated a 5-year statute of repose for civil action initiated...

SB24-233 Property Tax

Summary: Property tax assessment for residential property. The bill lowers assessment rates and extends value reductions beginning in the 2024 property tax year. Property tax year 2024. For the 2024 property tax year, the bill carries over temporary assessment rates...

HB24-1313 Housing in Transit-Oriented Communities

Summary: The bill identifies local governments that must create, report, and implement a housing opportunity goal to increase housing inventory or forfeit allocations of Highway Users Tax Fund (HUTF) revenue from the state. The Department of Local Affairs (DOLA) in...

HB24-1152 Accessory Dwelling Units

Summary: A subject jurisdiction must allow one ADU as an accessory use wherever the jurisdiction also allows single-unit detached homes. The bill prohibits subject jurisdictions from imposing new parking requirements or requiring that the ADU be owner occupied. The...