As the primary foreclosure attorney at Altitude Community Law, I am often asked to explain judicial foreclosures. There are a lot of moving parts in a foreclosure, and your average citizen is often unfamiliar with the process. And, because it is human nature to shy away from the unfamiliar, board members and communityGo to Resource
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In an unfortunate but not unexpected move, Governor Polis signed HB22-1137 at 4:31 P.M. on June 3, 2022. Having an effective date of August 9, 2022, among other things the new law will require associations to post delinquency notices on doors while keeping owner collection accounts secret, translate owner notices if requested, andGo to Resource
We are heading into the bottom of the 9th inning, and the Legislature has brought in their clean-up hitters to deal with the remaining bills on their agenda. With the session ending on May 11, the two bodies are scrambling to finish up the session’s work and take final action on all remainingGo to Resource
In direct response to the issues occurring across the nation, Rep. Titone (D) (Wheat Ridge) introduced HB HB22-1387, titled an Act “Concerning Measures to Ensure that A Common Interest Community has Adequate Reserve Funds.” As drafted, HB22-1387 will do the following: Essentially the above will require a board to fully fund a reserveGo to Resource
Of the original six bills concerning homeowners’ associations, four have been acted upon and either passed into law or postponed, leaving three bills left. Yes, I know the math doesn’t work unless you add HB 22-1314 which is not titled as an HOA bill but does impact common interest communities (more on thisGo to Resource