RPAC Shines Bright at the Diamond Circle Awards
Post Closing Occupancy Agreements (PCOAs) Fixed in Law. A key CAR-led priority has now crossed the finish line—“Security Deposits & Post-Closing Occupancy Agreements” (Senate Bill 54) has been signed by the Governor. The new law allows buyers and sellers entering into a post-closing occupancy agreement to negotiate a security deposit that exceeds Colorado’s standard two-month rent cap, providing added flexibility to better manage risk during these short-term arrangements.
This is a strong example of industry expertise shaping policy in a meaningful way, ensuring statute better reflects how transactions actually work in today’s market. The law will take effect January 1, 2027, marking a notable win for REALTORS® across Colorado.
RPAC Shines Bright at Diamond Circle Awards
On a night designed to highlight the industry’s best, the industry’s best showed their support for the REALTORS® Political Action Committee in a very big way. SMDRA was able to raise just over $13,000 for RPAC through a quick live auction, our Champagne, Drinking for Diamonds promotion, and even a spontaneous auction to have lunch with SMDRA President Shelby Foster! Many thanks and congratulations to big winner Jay Brown for his tremendous commitment to RPAC and for always leading by example.
RPAC works hard to protect our industry’s future by supporting SMDRA’s advocacy efforts at all levels on government. For more on how you can help, follow this link: https://smdra.com/rpac-realtor-political-action-committee/
