Last Updated:
May 11, 2010
Tennessee Real Estate
REALTORS® Correct Imbalance between Commercial Brokers and Property Owners (from CAR’s Capitol Connection)
Governor Bill Ritter signed House Bill10-1288 - Commercial Real Estate Brokers Commission Security Act -Thursday after eight months of research, meetings, and negotiations with stakeholders and legislators. It is anticipated to go into effect August 11, 2010. "We are pleased the Governor signed this bill and feel not only will this law correct the imbalance between commercial brokers and commercial property owners, but our hope is that it will also encourage a more positive working relationship between both parties," said George Harvey, president of CAR. HB10-1288 provides a broker with the ability to record a lien for an unpaid commission against a commercial property which has been enhanced by a lease with a tenant produced by the broker. This much needed Broker Lien Law would not have been possible without the support of our bill sponsors –– Rep. B.J. Nikkel (R-Loveland) and Sen. Suzanne Williams (D-Aurora).
Eagle County Housing Staff person Running for County Commissioner Has To Quit Job
Claudia Alexander, a republican from Gypsum, announced late last year she was running for county commissioner. She is an employee of the Eagle County Housing Department. Last week she was sent a letter informing her that she had violated Hatch Act laws that say a local, state, or federal government employee cannot run for elected office and hold their job. So Alexander chose to quit her job. She says she’s running to help make changes she couldn’t make as a county employee. She is running against incumbent Democrat Sara Fischer, who announced her run for re-election in March. Alexander’s last day at the County is May 7th.