As originally introduced, HB 1197 would have had a serious, negative affect on associations’ superliens. Luckily, Representative Gardner, the bill sponsor, has worked closely with stakeholders to rewrite the bill. The rewrite resulted in a complete redaction of the original wording of the bill and new language being added. The CAI Colorado LegislativeGo to Resource
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Attorney General Eric Holder signed final regulations revising Titles II and III of the Americans with Disabilities Act of 1990 (ADA). The revised regulations will take effect March 15, 2011, and compliance must be achieved by March 15, 2012. Some highlights of the new law include revisions to the ADA Standards for AccessibleGo to Resource
So far during the 2011 legislative session, we’ve seen a number of bills and a lot of action on issues that may impact the community association industry in Colorado. Fortunately, nothing has yet passed that would have a significant negative impact. The only bill left to watch carefully is the Superlien bill, whichGo to Resource
As you should all know by now, HB 1278 is in full swing. The bill created an HOA Information & Resource Center, which is now being run by new HOA Information Officer Aaron Acker. As reported in Side Streets, a Colorado Springs Gazette blog dedicated to neighborhood and HOA-related stories, Mr. Acker recentlyGo to Resource
A group of condominium owners has filed a lawsuit against a bank and developer. The owners decided legal action was necessary when 3 of them could not refinance their loans because the community did not meet the 2009 Fannie Mae underwriting guidelines. The primary complaint is that the bank who sold to theGo to Resource