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Why You Always Want a Survey When Buying Commercial Property Jan 12, 2017 By Craig T. Watrous: Surveys are an integral part of any commercial real estate transaction, though sometimes their value comes into question. This post will describe why ordering and careful review of a survey is critical for virtually all commercial real estate…
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by Reed F. Morris: The parties are in a standoff over whether the change is necessary, allowable, proper, or fairly priced. Change order risk and bargaining position come into play and the Colorado contractor is guided by its past experience, judgment, and gut. At this point in the project you are dealing with the contract…
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By Reed F. Morris: Q: Are “No Damages for Delay” clauses enforceable in Colorado construction contracts? A: Yes, they are. Q: Even with such a clause in the contract, can Colorado contractors still recover for delays? A: Yes, they still can! This post outlines the Colorado construction contractor’s delay claim and the proof necessary under…
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Office Leasing Negotiations: Key Issues for Landlords and Tenants to Consider Dec 12, 2016 By: Craig T. Watrous: Office leasing presents a unique variety of issues for landlords and tenants to consider. Due to the nature of a business’s operations, a tenant’s use of commercial space can require expensive tenant build-outs, special use considerations, ADA compliance,…
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Enforcement of Colorado Non-Compete Agreements against Executive and Management Personnel Dec 05, 2016 By Reed F. Morris: Colo. Rev. Stat. Section 8-2-113(2)(d) provides the exception to the general rule voiding non-competes in Colorado allowing for their enforceability against a company’s management-level employees. A Colorado non-compete agreement is enforceable when applied to: [e]xecutive and management personnel and…
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