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Recent Publications by ACL

Directors and Officers – Powers, Duties and Qualifications

“Community Association” is the generic term for communities that are created pursuant to recorded covenants or other documents that create an association of the unit or homeowners. The term community association includes condominiums, homeowner associations, and housing cooperatives. These are typically organized as non-profit corporations, which are operated by a board of directors elected byGo to Resource
In a release earlier today CAI alerted our industry to the Federal Housing Finance Authority’s position expressing concern about state statutes, such as our super lien statute, that allow community associations to obtain lien priority over first mortgages for unpaid association assessments. FHFA has asked a federal court to intervene to help mortgage companies atGoGo to Resource
DORA has set the hearing on its proposed rules regulating manager licensing for January 2, 2015.  Public comments will be taken during the hearing held at the Ralph L. Carr Colorado Judicial Center in conference room 1B located at 2 East 14th Ave., Denver, CO 80202. In anticipation of this hearing, DORA has issued theGoGo to Resource

How Does an Association Adopt a Budget?

How Does an Association Adopt a Budget?  In this video, David Firmin explains how a Community Association Adopts a Budget.  There are many things to take into consideration.  Understanding your By-Laws is most important.
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