AND OUR CONTINUING DEDICATION TO ELEVATING YOUR COMMUNITY ASSOCIATION LEGAL EXPERIENCE! Altitude Community Law P.C. has much to celebrate as 2022 begins! Not only do we have the best clients and colleagues, but we are also proud to announce some exciting changes: We are pleased to announce that Jeffrey B. Smith is a new shareholder.Go to Article
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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:
With the turning of the calendar from 2021 to 2022 new Fannie Mae lending guidelines become effective on January 1, 2022. One of the new lending guidelines includes a prohibition on the purchase of loans in communities with significant deferred maintenance or unsafe conditions. These new guidelines are a direct result of the Surfside tragedyGo to Article
On Friday, July 2, 2021, Governor Polis signed into law HB 21-1229, the Unit Owners Protection Bill, and HB 21-1310, the Freedom of Speech Bill. HB 21-1229 and HB 21-1310 will become effective in September unless referred to the people for a vote. See our prior Legislative Wrap-up blog post for a brief summary ofGo to Article
On June 09, 2021, the Colorado Legislature closed its regular session. At the end of the day, the following bills were passed and will be sent to Gov. Polis to take action. If not signed already, once received, the Governor will have 30 days to either sign, veto or let become law without a signature.Go to Article
HB 1310 has been making its way through the legislative process and Passed 3rd Reading in the Senate on June 10, 2021 with no amendments. This means the bill will be, if not already, sent to the Governor for signature. How will this bill impact associations? For one, it will require current rules pertaining toGo to Article