Is finding a parking space in your community challenging? Condominium and townhome-style communities often have open parking lots which may include individually assigned parking spaces and/or parking spaces which are available on a first-come, first-served basis. Such communities commonly adopt parking rules that aim to increase safety, improve the flow of traffic,Go to Resource
Blog
At Altitude Community Law, it’s important that we keep our clients up to date with the most recent information in the community association industry. As part of our educational strategies, our newsletters and blogs will give you deeper insight into the intricacies of community association law. We believe that the right attitude stems from being well versed in the knowledge necessary for community association operations, governance, and enforcement.
Below, check out the most recent news and in-depth insight by our Altitude Team:
What is the CTA? The CTA is a federal law that is focused on combating illicit financial activity. It’s intended to prevent money laundering, tax fraud, terrorist financing, and other illegal financial activity that could occur through shell companies or other non-transparent ownership structures. The CTA creates a new reporting requirement under whichGo to Resource
It has been quite some time since the HOA industry in Colorado has seen as much legislation as we saw this year! Of the 13 bills signed by the Governor, three pertain to public policy, which is a clear trend in legislative goals: HB24-1091 – Fire-hardened building materials, HB24-1152 – ADUs (accessory dwellingGo to Resource
“Big Jump in Insurance Costs Strikes Condos“, written by Nicole Friedman at the Wall Street Journal who interviewed David Firmin, discusses the rising insurance costs for condominium associations and its impacts on the same. David is quoted confirming the “year over year insurance premium increases” we continue to see in Colorado, as wellGo to Resource
“Conflict is a good thing” was the sales pitch from a rug salesman desperate to try and shift the most hideous fuchsia floor rug that would have been objectively unacceptable to any design theory to my father in the early 90s and has become a running gag whenever there is a disagreement inGo to Resource