Colorado 2024 Regular Session

Colorado House Bill HB1230

Introduced
2/12/24  
Introduced
2/12/24  
Report Pass
3/6/24  
Refer
2/12/24  
Report Pass
3/6/24  
Engrossed
4/8/24  
Refer
3/6/24  
Engrossed
4/8/24  
Report Pass
4/16/24  
Refer
4/8/24  
Report Pass
4/16/24  

Caption

Protections for Real Property Owners

Impact

The bill contains provisions that void any express waivers or limitations on the legal rights and remedies that property owners have under existing consumer protection laws. It also establishes that any contractual terms that inhibit group legal actions against construction professionals are unenforceable. This empowerment of property owners aims to facilitate collective legal action, should multiple homeowners face similar construction issues, potentially leading to more accountability among construction professionals. Overall, the bill seeks to shift the legal landscape towards one that favors the rights of homeowners in the realm of construction defects.

Summary

House Bill 1230, titled 'Protections for Real Property Owners', aims to enhance legal protections for property owners regarding improvements to real property. The bill addresses issues surrounding construction defects and the rights of homeowners, particularly when it comes to pursuing claims against architects, contractors, and builders. A key feature of this legislation is the extension of the statute of limitations for filing lawsuits related to construction defects from six to ten years, allowing homeowners more time to address issues that may arise after construction is completed. This change is expected to provide greater security and recourse for property owners facing disputes over construction quality.

Sentiment

General sentiment around HB 1230 is mixed. Supporters argue that it is a much-needed reform that protects homeowners, particularly in the context of rising construction-related challenges and disputes. They appreciate the effort to extend the period for filing claims, believing it could lead to a more fair legal process for property owners who might discover defects long after completion. Conversely, critics have voiced concerns about potential ramifications for construction professionals, fearing that the extended timeline and voiding of limitation clauses may lead to increased litigation and higher costs for businesses within the construction industry. The discourse suggests a contentious balance between consumer protection and business interests.

Contention

Notable contention points revolve around the implications of the bill's provisions for construction professionals. While advocates for HB 1230 focus on homeowner protections, opponents raise alarms about the potential burden placed on builders and contractors, posing the question of whether increased litigation could lead to higher construction costs or fewer builders willing to take on projects. The debate reflects larger themes in regulatory practices, where the rights of individuals must be weighed against the operational realities and financial impacts on businesses within the construction sector.

Companion Bills

No companion bills found.

Similar Bills

CO HB1261

Consumers Construction Defect Action

CO SB106

Right to Remedy Construction Defects

CO HB1272

Construction Defects & Middle Market Housing

CO HB1233

Electric Vehicle Charging And Parking Requirements

CO HB1141

History Colorado Authority To Sell Property

CO HB1169

Housing Developments on Faith and Educational Land

CO SB154

Accessory Dwelling Units

CO HB1203

Capital Construction Supplemental