There are numerous bills that are pending this legislative session which affect community associations. I’ll go into just a few in this blog update: To stay up to date on daily/weekly changes to the proposed bill, bookmark our 2024 Legislative Tracker! If you have any questions about any of these bills, please contactGo to Resource
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Among the proposed legislation for 2024 includes two dueling bills, HB24-1152 and SB24-154 which focus on Accessory Dwelling Units (ADU). An ADU is a secondary dwelling unit with a complete independent living space for one or more persons. ADUs are limited to two (2) bedrooms, a kitchen, sleeping area, and full bathroom facilities.Go to Resource
The Corporate Transparency Act (“CTA”) has been the hot topic of discussion among HOA industry professionals, with many having concerns as to who will handle the registration process and updates. But has this concern been for naught? Possibly, as a federal court in Alabama has recently ruled that the CTA is unconstitutional. OnGo to Resource
In 2018, HB 18-1128 was passed to strengthen protections for consumer data privacy, which required any entity maintaining personal identifying information (“PII”) to adopt a written policy setting forth a process for the security and destruction of paper and electronic documents containing personal identifying information. Personal identifying information includes, but is not limitedGo to Resource
The Colorado Supreme Court recently issued a decision that significantly impacts common interest communities’ need to enforce contracts by filing a lawsuit or an arbitration proceeding. This decision affects the timing considerations of when such proceedings must be filed. The deadlines measuring when lawsuits must be filed are known as “statutes of limitation”.Go to Resource