Rebuilding to test covenants after Colorado Springs wildfire

July 29, 2012

The Denver Post

Colorado’s most destructive wildfire could fan the flames of a new conflagration — an unprecedented test of a subdivision’s power to direct rebuilding with covenants. As cleanup from the Waldo Canyon fire begins, officials in the decimated Mountain Shadows community are uneasy about how the neighborhood will look when it rebuilds.

“There could be some conflict there,” said Ron Throupe, a real-estate professor at the University of Denver’s Daniels College of Business. “Does the HOA update the ground rules or keep them the same? Do you have a bunch of different builders building different houses? There’s going to be some friction.”