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Key Votes

HB 1288 - Authorizing Real Estate Brokers to File Liens for Unpaid Commissions - Key Vote

Colorado Key Votes

Lois Tochtrop voted Yea (Passage With Amendment) on this Legislation.

Read statements Lois Tochtrop made in this general time period.

Stages

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Issues

Stage Details

Legislation - Signed (Executive) -

Title: Authorizing Real Estate Brokers to File Liens for Unpaid Commissions

Legislation - Concurrence Vote Passed (House) (47-17) - (Key vote)

Title: Authorizing Real Estate Brokers to File Liens for Unpaid Commissions

Vote Smart's Synopsis:

Vote to repass a bill, after having concurred with Senate amendments thereto, that authorizes real estate brokers to place a lien on commercial real estate for unpaid compensation for professional services in connection with leading or attempting to lease commercial real estate, provided that such compensation was set forth in a written agreement.

Highlights:
-Requires real estate brokers to give the owner of the property at least 30 days notice of the intent to file a lien with the county clerk (Sec. 1). -Requires real estate brokers to make a "good faith effort" to attempt to resolve the unpaid commission through mediation, which shall terminate after 30 days if the dispute is not resolved (Sec. 1) -Specifies that no lien shall hold the property longer than 6 months after the recording of the notice of lien, unless an action to foreclose the lien has been commenced within that time (Sec. 1).
Note:

NOTE: THE LEGISLATURE PROVIDES ITS MEMBERS WITH THE OPPORTUNITY TO BOTH VOTE ON WHETHER TO CONCUR WITH THE OPPOSING CHAMBER'S AMENDMENTS AND, IF THE CONCURRENCE VOTE SUCCEEDS, VOTE TO REPASS THE BILL AFTER THE AMENDMENTS ARE INCORPORATED. THIS IS A VOTE ON REPASSAGE OF THE BILL AFTER THE MEMBERS CONCURRED WITH THE OPPOSING CHAMBER'S AMENDMENTS.

Legislation - Bill Passed With Amendment (Senate) (28-7) - (Key vote)

Title: Authorizing Real Estate Brokers to File Liens for Unpaid Commissions

Vote Smart's Synopsis:

Vote to pass a bill that authorizes real estate brokers to place a lien on commercial real estate for unpaid compensation for professional services in connection with leading or attempting to lease commercial real estate, provided that such compensation was set forth in a written agreement.

Highlights:
-Requires real estate brokers to give the owner of the property at least 30 days notice of the intent to file a lien with the county clerk (Sec. 1). -Requires real estate brokers to make a "good faith effort" to attempt to resolve the unpaid commission through mediation, which shall terminate after 30 days if the dispute is not resolved (Sec. 1) -Specifies that no lien shall hold the property longer than 6 months after the recording of the notice of lien, unless an action to foreclose the lien has been commenced within that time (Sec. 1).
Legislation - Bill Passed (House) (46-16) -
Legislation - Introduced (House) -

Title: Authorizing Real Estate Brokers to File Liens for Unpaid Commissions

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