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Recent Publications by ACL

Board Basics 101: What Every Board Member Needs to Know

OVERVIEW OF THE BASICS “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. Condominiums. A condominium is a formGo to Resource
On May 10, 2021, HB 21-1310 was introduced in the House and assigned to the Transportation & Local Government Committee for review.  The bill’s main purpose is to broaden protections for homeowners’ “freedom of expression” in common interest communities under the Colorado Common Interest Ownership Act (“CCIOA”) by changing how signs and flags are currentlyGoGo to Resource
Looks like the Colorado legislature is tackling retainages in commercial contracts. Retainage is a portion of the contract price withheld from a contractor as a way to make sure that the contractor will complete the job properly. Retainage is usually set between 5% and 10%. It is common in public construction projects where state laws fixGoGo to Resource

Turning Bad Documents into Good Ones

INTRODUCTION A community association’s governing documents – its Articles of Incorporation, Bylaws, and Declaration of Covenants – typically fall within three categories: the good, the bad, and the ugly. Take this quick self-test to determine where your documents fall: Yes  No ☐      ☐  Our association’s covenants contain declarant or developer rights that neverGo to Resource
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