HB11-1110, was amended yesterday in Committee to specifically exclude associations and other entitles from the definition of Residential Nonprofit Corporation. This is a positive move which is supported by Altitude Community Law. The bill has now been recommended to the full House for consideration. We will keep you posted if this exclusion isGo to Resource
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Yesterday, Senate Bill 11-122 (“SB 122”) was introduced in the Colorado Senate. This bill is similar to the bill introduced by Senator Lundberg last year, lacking many improvements to help associations. The bill gives the highest bidder at a public trustee foreclosure sale a right to pay off junior lienors – including associationsGo to Resource
This was a topic of some lively debate between some panelists during a class at the CAI Law Seminar held in Las Vegas recently. A majority of the panelists took the position that associations should only notify residents of how to get information about registered sex offenders that may live in the area,Go to Resource
A recent California appellate court case, Dover Village Association v. Jennison, et al. sheds some light on the sometimes tricky and seemingly ever-present issue of exactly who is responsible for maintenance and repair of sewer pipes. This issue often comes into play with condominium associations where a pipe may serve only one unit,Go to Resource
HB 11-1110 has been introduced in the Colorado House. The bill which is an addition to and modification of the Nonprofit Corporation Act, attempts to extend the right of owners to attend board meetings, receive notice of meetings, and have an opportunity to speak prior to board action, to owners who are membersGo to Resource