Two more bills have been introduced aimed at addressing owner concerns with Common Interest Communities. HB 22-1137, self-titled as a bill “Concerning practices of unit owners’ associations, and in connection therewith, authorizing the enforcement of certain matters regarding unit owners’ associations in small claims court and limiting the conduct of unit owners’ associations in collectingGo to Article
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The Colorado Legislature gaveled into session on January 12, 2022, and it did not take long to introduce the first three Common Interest Community Bills. The topic of the three bills relate to access to the common elements and the use of proxies in association operations. HB 22-1040 “Concerns the Right of Unit Owners inGo to Article
AND OUR CONTINUING DEDICATION TO ELEVATING YOUR COMMUNITY ASSOCIATION LEGAL EXPERIENCE! Altitude Community Law P.C. has much to celebrate as 2022 begins! Not only do we have the best clients and colleagues, but we are also proud to announce some exciting changes: We are pleased to announce that Jeffrey B. Smith is a new shareholder.Go to Article
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 the Surfside tragedyGo to Article
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 brief summary ofGo to Article