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 theGo to Resource
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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 briefGo to Resource
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 withoutGo to Resource
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 rulesGo to Resource
On May 20, 2021, we posted a blog with various Q and A’s addressing the status of state requirements concerning the operation, cleaning, and sanitizing of swimming pools. One of the Q and A items in that publication read as follows: Q: Do we have to keep cleaning and sanitizing frequently touched surfacesGo to Resource