The standard Colorado Real Estate Commission form “Contract to Buy and Sell Real Estate” covers water rights under Paragraph 2.7 (“Water Rights, Well Rights, Water and Sewer Taps”).  It’s important for real estate attorneys and brokers to understand what these provisions mean, and when the advice of a water attorney could be helpful (and maybe even save some time and money).

On May 18, 2016, the United States Department of Labor announced its final determination with regard to President Obama’s Directive to “update and modernize” the regulations governing the exemption of executive, administrative and professional employees from the minimum wage and overtime pay protections of the Fair Labor Standards Act (“FLSA”).  Employers have been watching this rule change process carefully, as the new regulations will now require employers to track employee hours with greater accuracy and require them to be particularly careful in properly classifying individuals presently paid a salary.

The Bicycle Safety Act was passed in Colorado in 2009 and codified what most people consider common sense. For example:   No hitching rides on moving vehicles; Bikes are not allowed on highways; Form a single line in heavy traffic, and; Keep at least one hand on handlebars at all times. But, did you also know that cyclist are not permitted to wear headphones or earbuds while riding?

Many buyers may not be aware of some of the issues unique to purchases of residential property in unincorporated portions of Boulder County.  Three of these – the type of survey to obtain, the obligations associated with the transfer of property served by a septic system, and issues related to water not provided by a municipal water provider - are often misunderstood or overlooked.