To clarify the Division of Real Estate's interpretation of statute relating to affiliate relationships, it is correct to state that an "affiliate relationship" must be predicated upon ownership, not referral relationships where ownership is not involved.
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The Colorado Division of Water Resources (also known as the State Engineer’s Office, or “SEO”) has developed a new map-based tool called AquaMap.
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Selection committee consists of chairperson and two appointees, all of which must be Colorado RLI members. When the committee selects the properties to be on the tour, they will appoint one RLI listing broker to head up the land tour.
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Table of Contents Senate Considers Limit on 1031 Exchanges, Report: Eminent Domain Reform Does Not Limit Economic Development, 2007 Farm Real Estate Prices Will Likely Set Record High, House-Passed Economic Stimulus Package Helps Real Estate, NAR Comments on EPA's Wetlands Guidance Document
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CHICAGO (November 14, 2007) — In a ceremony officiated by Ron Myles , CCIM, of Denver, CO, MichaelLandreth, ALC, CRS, GRI (CO) was installed as the 2008 National President of the REALTORS® Land Institute (RLI). President-elect Keith Morris, ALC (TN), and Vice President Dan Hatfield, ALC (TX), also took their oaths of office at the inaugural gala event, held November 13, 2007 at the Venetian Hotel in Las Vegas, NV during the REALTORS® Land Institute Annual Convention.
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Colorado Springs – George R. Harvey, Jr. of Telluride was named Colorado’s Land REALTOR® of the Year at the annual convention of the Colorado Association of REALTORS® held in October in Colorado Springs.
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REALTORS® and other settlement service providers are learning to adhere to Colorado's new Affiliated Business Arrangements law and new Commission Rules E-22 and E-46. These laws impose new limitations and requirements on referrals as well as affiliated business arrangements (AfBA). There has been confusion as to whether the word "affiliate" in the AfBA statute includes a mere referral relationship even if there is no direct or common ownership between the two service providers. CAR has been working with the Division of Real Estate (DRE) to clarify this situation.
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The 2008 edition of the Commission-approved purchase and sale contract has been well-received by most brokers; but it has a few hidden traps for the unwary broker. Three of them are simple to avoid. Here’s how:
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From Michael E. Landreth, ALC The RLI National President: As most of you know by now… November 13 was the date in Las Vegas where I was installed as the new 2008 National President of the REALTORS® Land Institute, and what a great event it was! We made Colorado proud! And we made the nation proud of Colorado as well. The theme for the Inauguration was “RLI 2008; An Institute On-Purpose”, and it was well reflected in the “On-Purpose” way in which it was produced and enjoyed!
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The REALTORS®, Land Institute (RLI) has joined forces with others across the country to endorse a bold new initiative: 25x'25. The goal: America's farms, ranches, forests and other working lands will provide 25 percent of America's energy needs from renewable sources by 2025.
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