As a board member, you have a slew of duties and obligations to carry out. Some of these duties and obligations are contained in the governing documents of the association; some are contained in statute. Regardless of where these duties and obligations originate, they must be followed and observed to keep the board members andGo to Resource
Owners in your community may frequently request that the board forgive their debt. Can, and should, the board do this? First of all, as many of you are aware, the Board has a fiduciary duty to collect assessments on behalf of the association. That includes the ability to not only assess late fees and interestGoGo to Resource
House Bill 06-1175 “CONCERNING ENACTMENT OF THE “COLORADO CLEAN INDOOR AIR ACT”, AND, IN CONNECTION THEREWITH, PROHIBITING SMOKING IN INDOOR ENCLOSED AREAS, INCLUDING PLACES OF EMPLOYMENT.”
The Department of Regulatory Agencies (DORA) released its 2012 annual report detailing the past years activity regarding homeowners associations. The Report indicates that the Homeowners Association Information Office received 2,873 inquires in 2012 (a 5.9% decrease from 2011). Most of the inquiries pertained to the following areas: The general operation of the an HOA; BoardGoGo to Resource