4-6-8: LICENSES NONTRANSFERABLE:
A. Except as otherwise provided in this section, no license granted pursuant to this chapter shall be transferable from one person to another or from one location to another.
B. Exceptions to Nontransferable License: If the real property for which a valid accommodation unit license has been issued is transferred pursuant to a deed meeting any of the following conditions, the director may issue a new accommodation unit license to the grantee named in such deed:
1. The transfer of title to real property when there is no consideration if the grantee is a member of the grantor's family.
2. The transfer of title to real property from a grantor to a trust established by the grantor.
3. The transfer of title to real property from a grantor to a limited liability company or another form of business entity recognized by Colorado law so long as the grantor has a controlling interest in such limited liability company or other business entity.
4. Any transfer of the property between the same parties creating or terminating a joint tenancy in such property.
5. The transfer of title or change of interest in real property by reason of death, pursuant to a will, the law of descent and distribution, or otherwise.
6. The transfer of title to make effective any plan confirmed or ordered by a court of competent jurisdiction under the bankruptcy code or in an equity receivership proceeding.
7. The transfer of title without consideration for the purpose of confirming, correcting, modifying, or supplementing a transfer previously recorded; making minor boundary adjustments; removing clouds of titles; or granting rights-of-way, easements, or licenses.
8. The transfer of title pursuant to any decree or order of a court of record quieting, determining, or vesting title, including a final order awarding title pursuant to a condemnation proceeding.
9. The transfer of title between spouses or former spouses made pursuant to a separation agreement, decree of legal separation, or dissolution of marriage.
C. Temporary License for Pending Reservations: Upon transfer of title, a subsequent owner may request a temporary license for no longer than six (6) months to allow such owner to honor reservations for the property that existed on the date of the transfer of legal title to the real property that was the subject of the previous license. (Ord. 28, Series 2022)