The one year waiver on proof of HO6 policies at closings on FHA loans will expire on April 28, 2011. Therefore, unless your condominium association maintains an “all-in” insurance policy, now is a great time to remind your owners that they must show proof of a current HO6 policy if they are refinancingGo to Resource
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Last Friday, David, H. Steven, Assistant Secretary for Housing – Federal Housing Commissioner, issued a Waiver which clears up some of the confusion related to leasing restrictions in condominium communities. In the past the local HOC offices across the country have been denying condominium association approvals because of a determination and that allGo to Resource
At the midpoint of the 2011 Legislative Session, we continue to follow two bills which appear headed for passage and may impact Colorado’s community association industry: HB 11-1095, the Secretary of State Identify Theft bill, discussed in our February 24, 2011 post, will require a password to change or file corporate information HBGo to Resource
Medical marijuana is a hot topic in Colorado these days, and more and more Colorado companies are being impacted in one way or another by Colorado’s medical marijuana law. As an employer, what would you do if an employee was using medical marijuana? What are your rights as a business owner? What areGo to Resource
If FHA has recently rejected your condominium community or if your association has not applied for certification because of provisions contained in your documents related to leasing, things may change shortly. In a recent email exchange with our office and Joanne B. Kuczma, the Housing Program Officer in FHA headquarters in Washington, DC,Go to Resource